Livzon Pharmaceutical Group Inc. is a Zhuhai-based enterprise specializing in medicine R & D, manufacturing and marketing. In light of the "Western Development" industrial strategy, the entire company is moving from its previous premise in East Zhuhai to its new site in Liangang Industrial Park, Jinwan District.
The new operation covers 427,000 square metres. The main structure of the supporting factory floors were fisnihed at the end of last year while three workshops are currently under construction. It's estimated that the total investment will reach 1.5 billion yuan. Key equipment has been purchased from abroad and the three workshops of the first phase will be launched and put into trial operation by the year-end.
The project consisting of a headquarter office, R & D and residential facilities will be completed in 2014. By then, Livzon's annual output value will soar up to 10 billion yuan, almost 10 times as much as the current production capacity, thus laying a solid foundation for its attempt to become one of the top five pharmaceutical enterprises in the country. |