Updated on 29 September 2016
(Photo: GE Healthcare newsroom)
Singapore: GE Healthcare's Life Sciences business has announced the opening of a GE Fast Trak Center in Songdo, Incheon Metropolitan City, South Korea. The new $7.4 million Center will support the growth of South Korea's rapidly expanding biopharmaceutical industry by providing hands-on practical training, technology evaluation, manufacturing support, and consultancy services in the latest strategies and technologies for upstream and downstream bioprocessing.
Demand for GE's newest Fast Trak Center is expected to be high. During the past five years the domestic production of biopharmaceuticals in South Korea has grown 9 percent, and exports grew almost 34 percent between 2014 and 2015, from $589 million to $809 million.
Kieran Murphy, President and CEO of GE Healthcare's Life Sciences business, said: "We're delighted to be investing in South Korea with our fifth global Fast Trak Center, which brings us closer to our customers in one of the world's key bioprocessing hubs, enabling us to share our global knowledge and expertise at a local level. South Korea has some of the world's most innovative biopharma companies, and we look forward to further supporting the growth of the industry here."
The 2,200 m2 APAC Fast Trak Center in Songdo, South Korea adds to GE's existing global network of Fast Trak Centers in the USA, Sweden, India, and China. The company also has satellite Fast Trak Centers in Turkey, Japan and Singapore. Worldwide, around 500 customers attend standard Fast Trak courses every year, with training available in local languages. In addition, there are customized courses that are built upon request and tailored according to customer needs.
GE's Fast Trak Training Centers are specifically designed to help biopharmaceutical manufacturers increase their process productivity, reduce cost and enable them to bring their product to market faster.