Shanghai Chineway and Freund of Japan jointly established a "Pharmaceutical Technology Center" in Shanghai, with business scope including technology development, technology transfer, technology consulting, and technology services. The Pharmaceutical Technology Center is located in Songjiang Economic and Technological Development Zone, Shanghai, with an investment of 50 million Chinese yuan. This technology center will provide comprehensive solid formulation, process optimization, analysis services, testing services, and training of Chinese equipment engineers for pharmaceutical industry customers.

The 'Pharmaceutical Technology Center' will be equipped with advanced pharmaceutical and analytical equipment from Japan, the United States, and Europe, including Freund's unique proprietary Granurex ® Technology can truly achieve precise powder coating, ideal spherical granulation, and solution and suspension coating.

Chineway President and General Manager Ms. Sherry Fang, "Since 2019, Chineway has been the exclusive distributor of Freund excipients. This is an exciting moment as Freund authorizes Chineway as its exclusive general distributor for pharmaceutical equipment. Through the joint efforts of Freund and Chineway, a "Pharmaceutical Technology Center" has been established, with an initial focus on oral solid preparations. Together, we are committed to promoting the internationalization and high-quality development of China's pharmaceutical industry by providing advanced products and services, and contributing to the future of human health.

About Chineway

Chineway was founded in 2003 with the aim of providing high-quality pharmaceutical excipients from Japan, Europe, and the United States to China. Chineway is an advocate and promoter of direct compression, sustained-release, and ODT (oral disintegrating tablets) excipients. After years of development, Chineway is gradually becoming a "comprehensive solution provider" that integrates pharmaceutical raw materials, high-end pharmaceutical equipment, and formulation process research.

For more information about Chineway, please visit www.chineway.com.cn. Or contact service@chineway.com.cn

About Freund Corporation

Freund Corporation was founded in Japan in 1964, when the founder noticed an emerging film coating technology and successfully developed the world's first automatic film coating equipment and film coating solution. Afterwards, Freund advocated the corporate philosophy of "exploring the future with creativity", with coating and granulation technology as its core competitiveness, mainly expanding its business in the pharmaceutical and food industries.

With its unique synergy between its "hard" mechanical equipment business (granulation and coating equipment) and "soft" chemical business (chemical formulation technology, excipients, and preservatives), Freund Corporation is now considered one of the industry leaders in Japan and internationally. Freund Group accelerates its globalization process by maximizing synergies with its subsidiaries in the United States, Europe, and joint ventures in India. Committed to contributing to the healthy future of humanity.