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Fosun Pharma and IFC to build new drug manufacturing plant in Africa

Pharmaceutical Technology

JUNE 7, 2023

Shanghai Fosun Pharmaceutical (Group) is to collaborate with the International Finance Corporation (IFC) to construct a new pharmaceutical production facility and distribution hub near Abidjan, Côte d’Ivoire. The IFC will provide two loans totalling $53.49m (€50m) to Fosun Pharma’s subsidiaries.

Manufacturing 96
Manufacturing Pharma Distribution Pharmaceutical products 96
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RFID: The future of smart labelling?

Pharmaceutical Technology

MARCH 22, 2023

The pharmaceutical industry began using radio frequency identification (RFID) tags in the early 2000s. Pfizer was the first to use the tech, adding RFID tags to track a Viagra (sildenafil) shipment circa 2006. As computing has developed in the past decade, so has the potential to store and use information in the cloud.

Food and Drug Administration 105
Food and Drug Administration Electronics Pharma Pharmaceutical products 105
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