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Alcon To Build Facility in Singapore

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Alcon plans to build a facility in Singapore that will manufacture pharmaceuticals to be distributed throughout most of Asia. The company plans to break ground in 2009, with the plant becoming fully functional in 2012. Alcon will employ more than 150 employees within three years after production begins. The company reports that sales of therapeutics for eye diseases and conditions have risen at a CAGR of 20% in Asian markets. “This growth has been driven by many of Alcon’s major brands ...

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