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Business
ScinoPharm Lists On Taiwan Stock Market
by Jean-François Tremblay
October 10, 2011
| A version of this story appeared in
Volume 89, Issue 41
ScinoPharm, Taiwan’s largest producer of active pharmaceutical ingredients (APIs), has listed on the Taiwan Stock Exchange in a stock offering that values the company at $950 million. ScinoPharm raised $32 million from the listing to finance its expansion. More than half of the company is owned by the Taiwanese conglomerate Uni-President. ScinoPharm, which has headquarters in southern Taiwan, produces most of the APIs that the island exports. The company is completing construction of another facility in Changshu, Jiangsu province, China.
The power is now in your (nitrile gloved) hands
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