With rapid growth of SHL Group and new innovations and technologies developed for pen and auto injectors, the Taoyuan facility requires expansion, and will be relocating to a the new site in Nankan, Taoyuan.
Construction started in the fourth quarter of 2015 and the building is expected to be completed by the fourth quarter of 2017.
In the first quarter of 2018, all administrative offices and parts of production will be relocated to the new site.
The ground level has 12,349m2 area of space, on which a seven-storey high office and manufacturing building with 62,603m2 total floor space is to be built on.
The new facility will help SHL Group increase production capacity, improve efficiency and raise overall manufacturing quality. This step will open new opportunities for implementing the latest manufacturing technologies.
To mark this event, the official groundbreaking ceremony will be from 10:30-14:00 on 2 February 2016. It will take place at No 44-1, Liufu Rd., Luzhu Dist, Taoyuan City 338, Taiwan (ROC.).
SHL president Roger Samuelsson will be present, along with senior executives, including managing director of Taiwan Ulrich Faessler, managing director of US Peter Noolandi, executive vice-president (VP) of Commercial Operations & Business Development Mats Persson, VP of R&D Frank Isaksson, executive VP of SHL Ventures Stefan Ahlquist; VP of Quality Assurance & Regulatory Affairs Shelley Chew, and VP of Supply Chain & Business Excellence Richard Koch.
According to a recent industry report, the auto injector market will reach $2.5 billion globally in 2020.
Auto injectors have emerged as one of the fastest growing drug delivery solutions, driven by factors such as auto injectors’ ease of self-administration, allowance for at-home drug administration and decreased hospital visits (reducing the cost of healthcare).
Samuelsson said: "Customer needs has always been one of the top priorities of SHL Group.
"Every strategy that we make, we hope to exceed customer expectations.
"To meet the needs of a growing market for pen and auto injectors, we must constantly invest in more advanced equipment and expand our production capacity."