Alliance with Jointown comes in time for Covid-19 vaccine storage and distribution efforts
Kuehne+Nagel, a third-party logistics (3PL) provider, has struck a strategic partnership with Jointown, China’s largest non-state-owned pharma distribution company, to accelerate its footprint in pharma and healthcare logistics in China.
Over the past decade, Kuehne+Nagel has been focused on developing pharma and healthcare expertise. The partnership with Jointown provides access to the distributor’s fully GxP (good practice)-compliant, in-country storage and distribution network, enabling Kuehne+Nagel to comply with the highly-regulated Chinese pharma and healthcare sector.
With Covid-19 vaccines becoming widely approved for use, Jointown and Kuehne+Nagel will collaborate to manage vaccine distribution in a safe and timely manner, executives say, using their respective strengths in vaccine storage and distribution, both in China and other regions
The Jointown agreement comes only a few days after Kuehne+Nagel entered into a binding agreement to purchase Apex International Corporation, one of Asia’s leading freight forwarders, in its largest acquisition to date.
Newron, Myung In Pharm Form Partnership Centered Around Treating Schizophrenia in South Korea
January 14th 2025The license agreement will feature an upcoming Phase III trial and—depending on results—the development, manufacturing, and commercialization of evenamide as a potential treatment option.