News & Topics

Jan 29, 2018

Strengthening Production Capacity Aimed Toward Expansion of the Chinese Business

- Transfer and expansion of Pinghu factory alongside increased production of diabetes testing instruments and in vitro diagnostic reagents -

Having completed the transfer activities and expansion for the second phase of construction at the Pinghu factory in China, ARKRAY Factory Pinghu,Inc. (Pinghu City, Zhejiang Province, People's Republic of China), ARKRAY, Inc. conducted a completion ceremony today 29 January, 2018. Amidst the ongoing advancement of the Chinese medical environment following economic growth, we shall aim for expansion of the Chinese business by increasing our production capacity for products including diabetes testing instruments and in vitro diagnostic reagents.

ARKRAY, Inc. (hereafter, 'ARKRAY') conducts production of diabetes testing instruments and in vitro diagnostic reagents at ARKRAY Factory Pinghu, Inc. mainly for the Chinese domestic market. In the rapidly growing Chinese market for medical products, increased demand is also expected for products in the clinical testing field. To this end, we had proceeded with gradual preparations aiming toward strengthened production capacity and efficiency improvements for stable supply, having secured a new factory building (4-story) with a site area 4 times larger than the current factory, also located in the Pinghu Economic-Technological Development Zone and implementing transfer and expansion activities. The first phase of construction was completed in April 2017 and a repair center was opened prior to the production floor.

Now the second phase of construction to transfer and expand the production floor has been completed and a completion ceremony was held today 29 January. Moving forward, we shall endeavor to increase production of testing instruments and in vitro diagnostic reagents while also expanding the line-up of products for production in order to promptly ship products for the Chinese market, which is home to the biggest diabetes population at 114 million patients. *1 Additionally, with the synergy generated through the sales subsidiary ARKRAY Marketing Shanghai, Inc. and the maintenance activities of the repair center, we shall also enhance the ARKRAY brand in the Chinese market and further expand business.

ARKRAY shall continue to undertake initiatives for global business expansion.

* Diabetes Atlas 2017, International Diabetes Federation

Overview of ARKRAY Factory Pinghu, Inc.

Representative Masanori Hatta
Address Building 8 No. 988, Xinxing No. 2 Road of PETDZ
(Pinghu City, Zhejiang Province, CHINA)
tel: +86-573-8563-7578 fax: +86-573-8563-7667
No. of employees Around 100 (Scheduled to increase to 250 by end of 2019)
Business description Development, manufacture and repair of clinical testing devices & in vitro diagnostics (reagents), maintenance and customer services.
Operations commencement January 2018; instrument production area (2F), in vitro diagnostic reagent production area (3F)
End of 2019; in vitro diagnostic reagent production area (4F)
Scale Approx. 8,400㎡