Bilcare to set up research centre in Singapore

Bilcare Ltd, one of the leading pharma packaging research companies in India, will set up facilities -- including a research centre -- in Singapore shortly.

The company has been awarded a pioneer status by the Singapore government to set up its facilities in the country, according to a release issued by Bilcare on Monday.

Teo Ming Kian, chairman, Singapore Economic Development Board -- an agency that plans and executes strategies to sustain Singapore as a global hub for business and investment -- handed over a symbolic plaque to Mohan Bhandari, managing director, Bilcare, in a ceremony held at the Bilcare plant and research centre near Pune.

Bilcare qualifies for this unique status due to its pioneering work in the field of pharma packaging research, the release said.

The company will be setting up facilities -- in Singapore -- which will cater to the specific needs of the Zone 4 countries, i.e. countries falling in the tropical region of high humidity and temperature, it said.

Singapore is an ideal location for research work on the various packaging methods and materials for medicines, primarily because of its strategic location and superior infrastructure, the company said. 

Singapore will be Bilcare's launching pad to reach out to different markets in the region, including Indonesia, Malaysia, Vietnam and China, it said.

"Team Bilcare is excited with the opportunities which Singapore provides in establishing a seamless channel with the leading pharmaceutical companies globally. Pharma companies can now have easy access to Bilcare's innovative research solutions," Bhandari said.

"With its new plant in Singapore, Bilcare will be able to leverage on Singapore's key strengths in manufacturing. It will join the numerous companies based in Singapore that are actively involved in the entire value chain of manufacturing activities; from R&D, manufacturing, testing, distribution, to branding and marketing," Teo Ming Kian said 

"Over the years, Singapore has built up a strong base of researchers, scientists and engineers, reflecting our specialised skills in areas of higher complexity and sophistication. In addition to our pro-business environment and extensive free trade agreements, this availability of skilled workers is a critical factor when companies decide to co-locate their manufacturing plant with R&D capabilities in Singapore," he added.

Bilcare is a research-based organisation, which provides packaging solutions to the pharmaceutical and healthcare sector.