24 February 2022 | News
Network station increases presence in Asia
Peli BioThermal, the life science industry’s cold chain partner from discovery to distribution, announces the opening of its first network station in China. Located in Shanghai, the new network station will serve worldwide customers of the Crēdo™ on Demand rental program.
“China is the second largest pharmaceutical market in the world, and the country has plans to significantly grow its pharmaceutical industry over the next five years,” said Dominic Hyde, Vice President – Global Services at Peli BioThermal. “Our new network station will make temperature controlled shipping logistics more convenient for customers doing work in the broader Asia-Pacific region.”
China is a growing component in the global market for manufacturing and distribution of pharmaceuticals, including as the leading producer of active pharmaceutical ingredients and a top producer of generic drugs. Through the “Made in China 2025” plan, China aims to further grow its pharmaceutical industry, focusing on drug innovation through research and development.
Shanghai joins Peli BioThermal’s network of more than 100 network stations and drop points around the world and is the fourth network station in the Asia-Pacific region.