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Daewoong is accelerating its global expansion

By Kim, Jin-Gu | translator Kim, Jung-Ju

23.05.04 06:19:34

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Daewoong Pharmaceutical, Nabota 3 factory construction

Botulinum production capacity increased by 3.6 times

Daewoong Bio promotes the construction of a new plant, with full-scale global CDMO business

 ¡ãA view of Daewoong Pharmaceutical¡¯s Hyangnam factory (above) and Daewoong Bio¡¯s Hyangnam factory

Daewoong Pharmaceutical Group is speeding up CAPA expansion. In order to speed up its global expansion, it decided to invest 250 billion won in establishing two new factories this year alone. Daewoong Pharmaceutical plans to expand its botulinum toxin production capacity to 3.6 times the previous level by constructing a third plant for Nabota. Daewoong Bio will expand its scope from the production and sales of raw materials and finished pharmaceuticals to the global CDMO business by establishing a new microorganism-only plant.

¡ßProduction capacity increased 3.6 times with the establishment of the 3rd factory in Nabota,
Will the utilization rate decrease to 150%?


According to

Kim, Jin-Gu(kjg@dailypharm.com)
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