{"id":23746,"date":"2023-12-06T00:56:00","date_gmt":"2023-12-06T00:56:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4286383_CN86383_0"},"modified":"2023-12-06T00:56:00","modified_gmt":"2023-12-06T00:56:00","slug":"gc-biopharmas-groundbreaking-for-the-plasma-fractionation-plant-in-indonesia","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=23746","title":{"rendered":"GC Biopharma&#8217;s groundbreaking for the plasma fractionation plant in Indonesia"},"content":{"rendered":"<br \/>\n<table name=\"logo_release\" border=\"0\" cellspacing=\"10\" cellpadding=\"5\" align=\"right\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/1888566\/GC_Biopharma_Logo.jpg?p=medium600\" border=\"0\" alt=\"\" title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\" \/><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<ul type=\"disc\">\n<li><b>To commence operation by 2027\u2026with max. <span class=\"xn-money\">400K<\/span> liters of plasma production capacity per annum <\/b><\/li>\n<li><b>The first step towards localization of <span class=\"xn-location\">Indonesia&#8217;s<\/span> critical medical product<\/b><\/li>\n<\/ul>\n<p><span class=\"legendSpanClass\">YONGIN, <span class=\"xn-location\">South Korea<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Dec. 6, 2023<\/span><\/span> \/PRNewswire\/ &#8212;&nbsp;GC Biopharma, a South Korean biopharmaceutical company, announced on <span class=\"xn-chron\">December 6<\/span><sup>th<\/sup> that it has participated in the groundbreaking ceremony of a plasma fractionation plant held at Jababeka Industrial Estate in <span class=\"xn-location\">Indonesia<\/span>, one of the company&#8217;s overseas plant construction projects.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder5025\">\n<\/p><\/div>\n<p>Backed by the Indonesian government&#8217;s proactive support, the groundbreaking for what will become the nation&#8217;s first-ever plasma fractionation plant was held after only 6 months following the Indonesian government&#8217;s decision to approve the construction by GC Biopharma in June.<\/p>\n<p>Eun-chul Huh, CEO of GC Biopharma, and <span class=\"xn-person\">Chung-Gwon Park<\/span>, Representative Director of GC EM, took part in the ceremony organized by the Ministry of Health of <span class=\"xn-location\">Indonesia<\/span> with the participation of 150 or so high-profile Indonesian government officials, including <span class=\"xn-person\">Budi Gunadi Sadikin<\/span>, Minister of Health, H. <span class=\"xn-person\">Muhammad Jusuf Kalla<\/span>, Chairman of the Indonesian Red Cross Society and Soo-deok Park, Deputy head of mission of the republic of Korea..<\/p>\n<p>The plant will be built on a 40-thousand-m<sup>2<\/sup> land within the Jababeka Industrial Estate located 35km east from the nation&#8217;s capital city of <span class=\"xn-location\">Jakarta<\/span>. With the maximum capacity of 400 thousand liters of plasma fractionation a year, the plant aims to commence operation by 2027.<\/p>\n<p>Since <span class=\"xn-location\">Indonesia<\/span> has been relying 100% on the imported plasma-derived products, the groundbreaking for the plant marks the onset of local production journey of the nation&#8217;s critical medical product, to which many government officials showed strong support by participating in the ceremony. &nbsp;<\/p>\n<p>In his congratulatory remarks at the ceremony, Eun-chul Huh, CEO of GC Biopharma, said, &quot;GC Biopharma is particularly honored and pleased to have the opportunity to participate in this first step towards the long-cherished and historic project of localizing the production of plasma-derived products in <span class=\"xn-location\">Indonesia<\/span>. Looking beyond the successfully completion of the plant construction, GC Biopharma will continue to further expand our collaboration on and support for the advancement of the Indonesian healthcare industry.&quot;&nbsp;<\/p>\n<p>GC Biopharma has obtained approval for the construction and technology transfer of plasma fractionation plant from the Indonesian government in June this year and signed an MOU with the Indonesian Red Cross and a local pharmaceutical company for the project.<\/p>\n<p>In fact, GC Biopharma is the only company worldwide that has completed the construction of plasma-derived products plant in the overseas market. Since its first export of blood products plant to <span class=\"xn-location\">Thailand<\/span> as a Korean drugmaker, GC Biopharma has been accumulating expertise and knowhow in overseas plant construction through successful projects in various countries including <span class=\"xn-location\">China<\/span> and <span class=\"xn-location\">Canada<\/span>.<\/p>\n<p><b>About GC Biopharma<\/b><\/p>\n<p>GC Biopharma (formerly known as Green Cross Corporation) is a biopharmaceutical company that delivers life-saving and life-sustaining protein therapeutics and vaccines. Headquartered in Yongin, <span class=\"xn-location\">South Korea<\/span>, GC Biopharma is one of the leading plasma protein and vaccine product manufacturers globally and has been dedicated to quality healthcare solutions for more than half a century.<\/p>\n<p><i>This press release may contain<\/i>&nbsp;biopharmaceuticals<i>&nbsp;in forward-looking statements, which express the current beliefs and expectations of GC Biopharma&#8217;s management. Such statements do not represent any guarantee by GC Biopharma or its management of future performance and involve known and unknown risks, uncertainties and other factors. GC Biopharma undertakes no obligation to update or revise any forward-looking statement contained in this press release or any other forward-looking statements it may make, except as required by law or stock exchange rule.<\/i><\/p>\n<p><b>GC Biopharma Contacts (Media)<br \/><\/b><span class=\"xn-person\">Seunghyun Baek<\/span><br \/><a href=\"mailto:seunghyun.baek@gccorp.com\" target=\"_blank\" rel=\"nofollow noopener\">seunghyun.baek@gccorp.com<\/a><br \/><span class=\"xn-person\">Sohee Kim<\/span><br \/><a href=\"mailto:shkim20@gccorp.com\" target=\"_blank\" rel=\"nofollow noopener\">shkim20@gccorp.com<\/a><br \/><span class=\"xn-person\">Yelin Jun<\/span><br \/><a href=\"mailto:yelin@gccorp.com\" target=\"_blank\" rel=\"nofollow noopener\">yelin@gccorp.com<\/a><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder0\"> <\/div>\n","protected":false},"excerpt":{"rendered":"<p>To commence operation by 2027\u2026with max. 400K liters of plasma production capacity per annum The first step towards localization of Indonesia&#8217;s critical medical product YONGIN, South Korea, Dec. 6, 2023 \/PRNewswire\/ &#8212;&nbsp;GC Biopharma, a South Korean biopharmaceutical company, announced on December 6th that it has participated in the groundbreaking ceremony of a plasma fractionation plant [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-23746","post","type-post","status-publish","format-standard","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - 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