![]() Financial Daily from THE HINDU group of publications Friday, Sep 16, 2005 |
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Corporate
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Outlook Eppendorf India keen on tapping biotech market Our Bureau
Chennai , Sept. 15 EPPENDORF India, a subsidiary of Eppendorf AG, Germany, is strengthening its presence in the biotechnology market. The company has moved into a new facility in Chennai. A press release quoting its Chief Executive Officer, Mr Klaus Fink, said that Eppendorf's exposure in the Indian market follows the market potential and leading role of the Indian biotech industry. The company plans to keep track of the regional requirements and provide value-added services. The new facility will include a laboratory, where its range can be showcased, and also a training centre. Eppendorf India will train customers on high-tech topics. Eppendorf AG, an equipment and research tools supplier for biotechnology companies, is looking at Asia and the Pacific region for growth. The company reported sales of 286 million euros in 2004.North America generates more than half of Eppendorf's sales. The company also has a chain of subsidiaries in Asia, including a joint venture in China.
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