baxter in singapore - economic development board and events/news/2014... · baxter in singapore...
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Baxter in Singapore
110Products sold in more than countries
70Employees located in approx. countries
27Manufacturing facilities in countries
Baxter is a global diversified healthcare company
BioScience productsRecombinant and plasma-based therapies that are used to treat:l Haemophilia and other
bleeding disordersl Immune disorders
Other products:l BioSurgery products for
haemostasis, wound healing and tissue sealing
l Vaccines for pandemic influen-za, tick-borne encephalitis, and meningococcal C meningitis
Medical productsl IV solutions and
parenteral nutrition productsl Premixed drugs in
flexible containersl Electronic infusion pumps and
administration setsl Dialysis systems and solutionsl Inhaled anesthetic agents
6,000,000 times a day Baxter products are infused, injected or inhaled to treat life-threatening acute or chronic
medical conditions
Delivering healthcare to Asia
l Asia Pacific accounts for 16% of total Baxter sales worldwide
l It is a regional leader in peritoneal dialysis, anaesthesia, haemophilia, infusion medication delivery systems and parenteral nutrition
l 12 regional manufacturing facilities are located in Australia, China, India, Japan, the Philippines and Singapore
Since 1978, Baxter has invested significantly in its Singapore manufacturing facilities. Today it exports high-value products to markets around the world, leveraging the city-state as a base for regional growth
Woodlands
Regional HQ
When fully functioning in 2014, Baxter’s bioscience manufacturing facility in Woodlands will produce ADVAtE, which treats haemophilia A. Singapore is home to eight biotech manufacturing facilities that collectively have invested approximately S$2.4 billion in the country
Baxter’s Woodlands facility is one of the company’s largest and most global manufacturing locations, shipping products to more than 61 countries
Baxter’s home in the heart of Asia
Investment timeline: Over the years, Baxter has increasingly produced higher-tech, higher-value products
2013Establishes regional
HQ for Emerging Asia
2014Singapore facilty
begins commercial production of
ADVAtE
2009Singapore becomes
Baxter’s largest producer of IV sets and among its top
three for infusion pumps globally
1983Moves to bigger plant in Woodlands, making infusion pumps and
dialysis solutions bags
Sets up first plant in Marsiling,
making IV sets
1978
reasons why Baxter chose Singapore for its bioscience facility
5Ready pool of international talent
Singapore has a productive and skilled labour-force that makes it a conducive
place for businesses to attract and retain talent. through local partnerships, Baxter was able to create a workforce
at its new facility consisting of 90% high-tech workers
Strong ecosystem and IP protectionSingapore has a thriving ecosystem to support biotech manufacturing, with
resources including the vibrant research hub Biopolis. this is
complemented by strong IP protection – in 2012, the World Economic Forum
ranked Singapore as Asia’s No 1
A commitment to grow biotech manufacturing
Biotech manufacturing is a key focus of Singapore’s biomedical sciences industry. Regulatory compliance and
quality is also an area in which Singapore has demonstrated a strong
track record
Specialised infrastructurethird party logistics players such as
Zuellig Pharma, tee Hai, tNt and DHL all have life science logistics hubs in Singapore providing cold chain
services. Coolport@Changi, Asia’s first on-airport perishables handling centre, ensures cold supply chain integrity for
biopharmaceutical products
Political and social stabilitySingapore’s safe and stable political climate gave Baxter the
confidence to make the investment needed to build their biotech facility. the World Bank consistently ranks Singapore among
the top investment destinations in Asia