Home Danaher Corporation Announces Major Diagnostic R&D and Manufacturing Hub in Suzhou Industrial Park

Danaher Corporation Announces Major Diagnostic R&D and Manufacturing Hub in Suzhou Industrial Park

Jul 23, 2020 09:42 CST Updated 09:32
Danaher

Product Design and Manufacturer


This morning
Danaher Corporation
China Diagnostic Platform R&D and Manufacturing Base Project
Signing and Settling in the Industrial Park
Additional Investment, Deepened Layout
Fortune Global 500 Companies Once Again Invest "Real Money"
A Vote of Confidence in Suzhou Industrial Park

Wu Qingwen, Member of the Standing Committee of the Municipal Party Committee and Secretary of the Party Working Committee of the Industrial Park, and Liu Hua, Member of the Party Working Committee and Deputy Director of the Administrative Committee of the Industrial Park, attended the signing ceremony.


Fortune Global 500: Danaher Corporation (USA)
Founded in 1984
A Global Leader in Science and Technology Innovation Investment


The Group’s business portfolio spans life sciences, diagnostics, environmental and water solutions, and dental.Its subsidiary, Beckman Coulter, established its first factory in the park as early as 1997., has grown into one of the strongest manufacturers globally in the fields of instrument equipment, reagents, software development and manufacturing for experimental medicine, with products sold in over 130 countries and a global network for technical support and after-sales service.



This
Danaher CorporationInvesting Hundreds of Millions of US Dollars
Established within the park
China Diagnostic Platform R&D and Manufacturing Base Project
Under Danaher Corporation
Beckman Coulter Diagnostics,Radiometer
Hemicon, Cepheid
Joint Operation by Four Companies
Committed to Building Rapid Diagnostic Localization SolutionsProtocol
Expected to be put into use in 2023


This project is engaged in the R&D, production, and sales of rapid diagnostic instruments and reagents. It plans to establish regional headquarters and R&D center functions, further expanding and strengthening Danaher’s diagnostic platform capabilities in manufacturing, research and development, and customer support. Upon reaching full production capacity, it will have an annual output of 4 million boxes of rapid diagnostic reagents and 2,500 diagnostic instruments.


It is reported that construction of the Phase I plant, covering an area of 37,000 square meters, will commence by the end of this year.





Choosing the Park Out of Trust


Peng Yang, President of Danaher Corporation's China Region, stated
The park boasts a strong talent pool and comprehensive infrastructure.
Can significantly promote the development of corporate business


Our goal is to provide innovative, localized solutions that address unmet market needs. Establishing a multidisciplinary manufacturing and R&D hub within the industrial park will help us meet these demands.



Future
Danaher will also be based at this facilityBuild
China's First
Integrated Diagnostic Platform Customer Experience Center
Showcase Solutions for Different Medical Scenarios
Empowering Healthcare Professionals in China
and the Capacity Building of Hospital Administrators
Supporting the Realization of the Healthy China Goals


Additionally

Danaher Corporation has two more projects.
It has also been decided to establish a presence in the industrial park.


1


Cepheid Rapid Molecular Diagnostics Project


Cepheid, founded in 1996, is a leading molecular diagnostics company dedicated to the development, manufacturing, and sales of precise and user-friendly molecular diagnostic systems and assays for automated microbial genetic testing and genetic disease testing. Its products are professionally applied in the fields of infectious disease and cancer prevention and control. In 2016, Cepheid was acquired by the Danaher Diagnostics Platform.


Cepheid has confirmed the establishment of a new manufacturing facility in the industrial park, with a registered capital of USD 10 million. Initially, it will lease premises in the Bio-Industrial Park, and in the future, it will be integrated into the Danaher Diagnostics Platform Base project. There are also plans to establish a China R&D center. The company’s revenue is projected to reach approximately USD 130 million in 2025, with around 150 employees; by 2028, revenue is expected to reach approximately USD 240 million, with around 330 employees.


2


Leica Microsystems Project



Leica Microsystems is a specialized manufacturer in the field of global microscopy and analytical science instrumentation, primarily engaged in the research, development, and production of professional scientific instruments such as research-grade microscopes for microstructural and nanostructural analysis. In 2005, Leica Microsystems was acquired by the U.S.-based Danaher Corporation.

In May 2019, Leica Microsystems established the China SMART Innovation Center (in the form of a branch company) within the park. In June 2020, it was converted into an independent legal entity with a registered capital of USD 6 million, and there are plans for additional investment in the future.


This project focuses on the life sciences and industrial application sectors, developing cutting-edge products for the Chinese and global markets while accumulating related patents. The project adopts an OEM partnership model for production. Upon reaching full production capacity, annual sales are projected to reach USD 45 million, with a dedicated R&D team of 60 personnel.


In recent years
The Park Actively Creates a World-Class Business Environment
Promote Industrial Agglomeration and Transformation and Upgrading
Attracting an increasing number of multinational corporate headquarters
Establishment of Shared Service Center and R&D Production Base

Currently, the park is home to nearly 100 headquarters enterprises recognized at various levels.The number of headquarters enterprises accounts for nearly 20% of the province's total and nearly 30% of the city's total, ranking first in both the province and the city.In the first half of this year, the industrial park added new foreign-funded projects117 items, complete the registration of foreign-funded enterprises$2.051 billion, year-on-year growth146.2%; Foreign capital received$1.28 billion, year-on-year increase196%


In the future,The park will continue

Embrace the World with Open Arms

Unswervingly Pursue the Path of High-Quality Development