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A Chinese pharmaceutical group sets up its European headquarters in Geneva


The Geneva Economic Development Office is proud to announce the setting up of the European headquarters of the Chinese pharmaceutical company TASLY in the Canton of Geneva, the result of an intensive effort aimed at boosting economic relations with Asia and China in particular. Third Chinese pharmaceutical group, listed on the Shanghai stock exchange, TASLY opens its European headquarters and plans to settle in the area of La Jonction by the end of next June.

 « This first set up of a major Chinese group particularly innovative in its field is very good news for Geneva. A choice that strengthens the attractiveness of our Canton in the Life Sciences sector » declared Pierre Maudet, State Councilor in charge of the Department of Security and Economy. « The Asian prospection activities we undertook to encourage the new installation of high added value companies in the Canton of Geneva have borne fruit. I welcome these positive effects on the economic development and employment of the Canton. »

Tasly Holding Group, listed in Shanghai, is among the three Chinese pharmaceutical giants and lies in the first place in traditional Chinese medicine. Its consolidated turnover reached more than four billion dollars for a hundred products sold on the market. The Group employs some 10,000 staff worldwide.

For further information :
Mr. Daniel Loeffler, director, Geneva Economic Development Office, DSE, tel : +41 22 388 34 34.

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