Market intelligence, trend analysis and forecasts for the Pharma and Healthcare industries across the regions

Industry / China

Chinese Firm To Provide Antibiotic APIs

January 2008 | Company News Alert
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Two state-run Indonesian pharmaceutical companies have contracted a Chinese active pharmaceutical ingredient (API) supplier to provide them with bulk antibiotics. By getting a firm commitment from CSPC, which is based in Hubei province in central China, Kimia Farma and Indofarm hope to provide a continuous and affordable supply of drugs to the Indonesian market. BMI believes the partnership will succeed as CSPC is one of the world's leading producers of both penicillins and cephalosporins, and therefore unlikely to not fulfil its production obligations.