Fujifilm to Set Up Cell Culture Media Plant in Netherlands

Economy

Tokyo, July 2 (Jiji Press)--Japan's Fujifilm Corp. said Tuesday it will invest 3 billion yen to establish a plant to make cell culture media in the Netherlands.

The unit of Fujifilm Holdings Corp. <4901> hopes to start construction work for its first cell culture media plant in Europe in 2019. Operations are expected to begin in 2021.

The factory will be capable of producing 320 tons of powder media and 470 tons of liquid media annually.

Fujifilm Corp. aims to bolster its supply system for cell culture media in Europe, where the market for the products is growing on increasing demand for biopharmaceuticals.

Fujifilm bought Japanese reagent maker Wako Pure Chemical Industries Ltd. in 2017 to enter into the cell culture media market. Its cell culture media business expanded after the acquisition of U.S. company Irvine Scientific Sales Co. in 2018.

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Jiji Press