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BioWorld - Saturday, May 16, 2026
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Home » Merck pours €300M+ in S. Korea as big pharma ups Asia investment
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Merck pours €300M+ in S. Korea as big pharma ups Asia investment

March 21, 2024
By Marian (YoonJee) Chu
As investment in Asia biohubs continues into 2024, Merck KGaA’s Milliporesigma is the latest to drop more than €300 million (US$328 million) into a new bioprocessing production center in Daejeon, South Korea. Other big pharmas, including Switzerland’s Novartis AG, Denmark’s Novo Nordisk A/S and China’s Wuxi Biologics (Cayman) Inc., are also making multimillion-dollar investments in the Asia-Pacific region, according to company announcements made in March 2024.
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