The Hangzhou facility consists of 22,000 square meters of validated healthcare distribution space to support pharmaceutical companies that are setting up manufacturing operations in China. The 7,575-square-meter facility in Shanghai is designed to meet the needs of the medical device market and is in close proximity to the Waigaoqiao Free Trade Zone and the UPS International Air Hub in Shanghai. The 5,388-square-meter facility in Sydney offers dedicated healthcare distribution space for multi-national and regional companies looking to set up distribution in Sydney to serve regional markets.
“Asia is our fastest-growing market for healthcare and we are seeing increased activity in the region, especially in China, where a growing demand for acute and chronic care has driven the need for reliable, flexible and compliant supply chains to serve a highly dynamic market,” said Bill Hook, vice president, global strategy, UPS Healthcare Logistics. “Healthcare is a major focus area for UPS, and we are committed to continuing investments in Asia and other parts of the world timed with — and often ahead of — market demand to support our clients’ growth strategies in key regions.”