Sinopharm Breaks Ground On Northeast Pharmaceutical Logistics Distribution Center
This article was originally published in PharmAsia News
Executive Summary
Sinopharm has broken ground on its pharmaceutical logistics distribution center in Shenyang, northeast China. The latest facility will add to its existing four large distribution centers in Beijing, Shanghai, Tianjin and Guangzhou. The company will invest RMB 630 million ($91 million) in phase one of the project, with a build-up area of 30,000 square meters. Scheduled to start operation in October 2008, it will be northeast China's largest first-class modern professional pharmaceutical distribution center. It has the capacity for storing and delivering various kinds of drugs worth up to RMB 20 billion ($2.91 billion) annually. (Click here for more - Chinese Language)