The SHL Group, the world`s largest privately-owned designer, developer and manufacturer of advanced drug delivery devices, recently confirmed its plan to invest to build a new manufacturing plant in Taiwan’s Taoyuan County by the end of the year. SHL Group’s newest plant would be twice as large as the company’s existing facility in Taiwan.
Roger Samuelsson, chairman of SHL, said that the new factory will help to turn the island into the world`s largest production base of pen-injectors, with the facility expected to create more than 2,000 jobs. In addition, he added that all its pen-injector production lines are flooded with orders, and its production capacity is expected to reach 120 million units in 2009, turning the company the world`s largest supplier of such product by 2010.
About 70% of SHL Group’s revenue now comes from pen injectors, though the group has diversified into medical-bed and metal-processing medical materials. Industry analysts estimated that the company’s revenue would exceed NT$10 billion (US$303.03 million) in two years.
Picture of Combihale™ from Dr Reddy’s website.