As part of its global initiative to align with customers
worldwide, Pall Corporation (NYSE: PLL) today inaugurated its newest
Life Sciences Centre of Excellence in Bangalore, India. The Centre
will drive process optimization innovations for the global life
sciences market to meet the evolving opportunities and challenges of
this fast-growing industry throughout Asia. The new Centre includes a
state-of-the-art proteomics laboratory to help customers speed the
drug discovery process. It also houses a validation laboratory and a
training facility with specialty experts to support Indian and
regional customers as they increasingly enter the stringently
regulated drug export market.
India was strategically chosen as the location for Pall's new
Centre of Excellence in Asia because of the country's highly regarded
reputation in life sciences spanning biopharmaceutical research,
development and production. Additionally, India's diverse market
opportunities coupled with a large pool of qualified scientists and
engineers provide an ideal climate for fuelling innovation and growth.
"Pall's growth in the Asian life sciences market is a reflection
of our focus on this important region and our continuing commitment to
undertake several customer-centric initiatives there," says Roberto
Perez, president, Pall Life Sciences Worldwide. "The new Centre of
Excellence will be instrumental in helping the life sciences industry
in India and throughout the region apply the latest technologies and
services to their operations, so they have the optimal tools and
expertise to bring new and innovative drugs to market more
efficiently."
As Indian-based companies address the health care needs of their
nation's billion plus population and also expand into the global
marketplace, they constantly seek new approaches to broaden and
improve their drug pipeline and their ability to produce them to a
world-class standard. The new Centre will provide the pharmaceutical,
biotechnology and discovery markets throughout the region with a full
range of total fluid management solutions to help them achieve their
goals. Led by a highly specialized team of professionals, the new
Centre joins other Pall Life Sciences Centres of Excellence throughout
Europe and the Western Hemisphere in bringing together the latest
technologies with process optimization knowledge and expertise. With
the opening of the Centre, Pall Life Sciences also expands its
customer technical support system. Customers anywhere in the world
will be able to have immediate access (24-hours, 7-days a week) to
Pall scientists and technical experts.
"The success of our customers depends on their ability to carry
out all stages of drug development-- research, discovery and
full-scale production -- efficiently and cost-effectively," says Vinay
Joban, general manager, Pall BioPharmaceuticals India. "The new Centre
provides the region with a complete range of services to support their
operations from upstream through downstream while also facilitating
their ability to comply with increasingly rigorous global
requirements."
The biopharmaceutical industry throughout Asia is experiencing a
major surge in activity. The Indian pharmaceutical industry is one of
the world's largest, ranking 4th in terms of volume. According to
Opportunities in Indian Pharma Sector (July 2006), India holds US$ six
billion of the $550 billion global pharmaceutical industry, an annual
increase of 10 percent compared with the seven percent annual growth
of the overall world market. The biotechnology market is also booming
in India and is expected to continue on a fast pace with the support
of the government through its comprehensive national biotechnology
policy. Indian Biotechnology Market Outlook (February 2007) reports
that the Indian biotechnology industry has grown 28.09 percent from
2005, and is likely to touch the US$ five billion mark by the end of
2010.
"Our new Centre of Excellence is the latest demonstration of
Pall's long-term commitment to grow and invest in Asia and align with
our customer's worldwide," says Vinay Gupta, Managing Director and
Head of Pall Life Sciences in India. "It is key to our global strategy
of working as a partner with the pharmaceutical and biotechnology
industries and the academic research community to provide them with a
full range of total process management solutions for improved
optimization."
About Pall in India and Asia
Pall Corporation has been present in India for more than two
decades and was incorporated as Pall India in 1996. Headquartered in
Mumbai, the Company serves both Life Sciences and Industrial markets
where it provides total fluid management solutions for a broad range
of critical applications to a diverse customer base. With staff
strength of more than 200 people drawn from various disciplines and
expertise, Pall continues to enhance and expand its operations in
India. Currently, plans are underway to set up a new Centre in Pune to
provide complete engineering solutions to the global market for Pall's
housings and systems portfolio. In addition to its operations in
India, Pall serves the Asia-Pacific region with facilities in China,
Indonesia, Japan, Korea, Malaysia, Australia, New Zealand,
Philippines, Singapore, Taiwan, Thailand and Vietnam.
About Pall Corporation
Pall Corporation is the global leader in the rapidly growing field
of filtration, separation and purification. Pall is organized into two
businesses: Life Sciences and Industrial. These businesses provide
leading-edge products to meet the demanding needs of customers in
biotechnology, pharmaceutical, transfusion medicine, energy,
electronics, municipal and industrial water purification, aerospace,
transportation and broad industrial markets. Total revenues for fiscal
year 2006 were $2.0 billion. The company headquarters is in East
Hills, New York, with extensive operations throughout the world. For
more information visit Pall at www.pall.com.
Editors' Notes:
-- The Pall Life Sciences Centre of Excellence in Bangalore,
India (20,000-sq.feet) is located at No.1, Sarakki
Indl.Layout, J.P.Nagar 6th Phase, Opp.ICICI Bank, Bangalore -
560 078, Phone 91-80-40164100
-- Photos of the Centre, Pall executives and the lamp lighting
ceremony to inaugurate the opening can be found on
http://www.pall.com/corporate_43136.asp
