bioMerieux opens Singapore subsidiary
European in vitro diagnostics producer bioMerieux has established a subsidiary in Singapore to reinforce its Asian market presence. The Singapore unit, says the France-based firm, will develop business in Southeast Asia, Korea, Australia and New Zealand.
Two accords have been reached in the region - one with Shanghai-based Kehua Bio-engineering which is to take on the production of immunoassays in microplaques currently undertaken in the Netherlands and the other with Sysmex of Japan, which is acquiring 34% of bioMerieux Japan to create a joint venture company. bioMerieux said recently that it would set up subsidiaries in Algeria and South Africa in 2008.
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