Once in a while it's worth remembering just how thickly that brexiter bullshit was spread...
^ & ^^
Hey Tweedledee and Tweedledum, it's all finished - get over it...
Hey, PH, don't you worry about the UK, we will be just fine.
It's Yermany and their Fourth Reich you need to feel sorry for...
So no answers there then. What a surprise!
Get back to the crucial point eh?
Korean car sales.
![]()
With the not so sad loss of the Yanks, Korean & Chinese cars are pretty much gonna take over the market here in Oz. Bang for your buck. Even the Japs have got to sharpen their pencil to compete.
Yeah those Chinese motors seem incredibly cheap, I must admit.
The natural conclusion of capitalism I guess. The countries where workers are exploited the most will sell a lot of goods.
The coronavirus disaster is going to force us to re-think outsourcing
medical supplies are mostly outsourced to China, I mean FFS, what were we thinking ???
The UK has some medical & pharmaceutical powerhouses you know, as does Switzerland.
design of drugs is something else, production is usually outsourced because of the dangerous chemicals involved, and nobody in Europe want that shit in their backyward
Hardly, the pain is just starting.
By the way, the UK buy Korean because they are cheap and give away 7 year warranties - no one with any pride buys one. Just cheap, two bit, lower end Brexit trash.
But that's fine, in two years the UK will be the tat basement level destination of choice for anyone looking to get pissed on the cheap, shag ugly fat women and piss the bed in a cheap hotel room.
All the lower end Brits will be watching it on tv drinking from their tinnies.
Astra Zenica(?), among others. Rather large you know. Burroughs Welcome, Glaxo are part of worldwide MNC's now, rather than strictly Brit. The Swiss took over Monsanto. But UK & Suisse are very big in pharma (don't tell Seeking Attention, he might think it's something we might actually sell to the Rest of the World).
You do realise a $3bn fine to these corporations is like nothing right syb? oh, of course not.
Tsk tsk . . . Bayer, another one of those pesky Germans . . . I guess, like with cars the UK can stop buying German pharmaceuticals and start buying Indian
A large portion belongs to Novartis . . . there's your Swiss connection
Glaxo, ergo sum Novartis
Half Swedish and the CEO, Leif Johansson, stated that they will move their R&D, manufacturing and operations out of the UK in case of a hard Brexit.
Oh dear, like the British empire the British Phama Industry is no more . . . sorry, sabang![]()
^ there's nothing left PH where did it all go, France, Belgium, Malaysia?![]()
Sorry to you, Panama cigar, but you're just plain outclassed on this one. You shouldn't really attack a bloke on his home turf, unless you really know your stuff:-
United Kingdom’s Top 10 Major Export Companies
BP (oil, gas): US$275.3 billion, up 4.6% from 2017
British American Tobacco (tobacco): $190.8 billion, up 288.6%
Rio Tinto (diversified metals & mining): $95.7 billion, up 7.2%
GlaxoSmithKline (pharmaceuticals): $78.8 billion, up 7.9%
AstraZeneca (pharmaceuticals): $63.4 billion, up 1.4%
Anglo American (diversified metals & mining): $54.6 billion, up 9%
Imperial Tobacco Group (tobacco): $42.5 billion, no change
Diageo (beverages): $40.7 billion, up 8.8%
BAE Systems (aerospace, defense): $30.4 billion, up 4.4%
LyondellBasell Industries (diversified chemicals): $26.9 billion, up 14.8%
United Kingdom’s Top 10 Major Export Companies as of December 2018
The fact that Britain has several highly successful multicultural MNC's, such as Royal Dutch Shell, Rio Tinto, Astra Zeneca, de Beers, Anglo American etc would hardly be considered a limitation in a post Brexit scenario. Britain was one of the pioneers of globalisation, you know.
One suspects the multiple supplier/country route may have assisted.
A thought for the future for anything considered like .
Ask the boards of these international companies. Most will be sales offices but many have production facilities which produce world class drugs, in world class facilities to world class standards:
"Currently, all the top 20 pharmaceutical companies in the world have set up joint ventures or wholly owned facilities in China. This suggests that market conditions have never been more challenging, with competition at an all-time high.
- Pfizer produces and markets more than 40 innovative drugs in China, and the quality of its products all met the Chinese Pharmacopeia. Pfizer has GMP manufacturing facilities in Dalian, Suzhou and Wuxi. Its Dalian facility, built in 1989 jointly with Dalian Pharmaceuticals was the first to get GMP certification in China. Pfizer has invested more than $500 million in China. Lastly, in 2012 Pfizer established a joint venture with Hisun Pharmaceuticals (Hisun 51% - Pfizer 49%) to market branded generics under the label Hisun-Pfizer.
- GlaxoSmithKline has more than 2000 employees in China, and its drugs are sold in 60 cities. The company mainly sells drugs treating HBV, asthmas and infections.
- Merck sells antibiotics, prostate drugs, cardiovascular drugs, pain relievers, osteoporosis and vaccines. It set up its first joint venture in China in 1994.
- Novartis has invested about 100 million[clarification needed] in China, with four manufacturing facilities in Beijing and Shanghai (Changsu). Its core businesses involve patented drugs, generic drugs, eye protection drugs and health products. Novartis Beijing was founded by Novartis AG and Beijing Pharmaceutical group and Beijing Zizhu Pharmaceuticals in 1987, the first foreign pharmaceutical company in China.
- Sanofi-Aventis The German-French company sells several drugs in China. Sanofi Aventis runs three facilities in Beijing, Shenzhen and Hangzhou; currently, they're in the process of building a brand new Vaccine Plant outside Shenzhen.
- AstraZeneca Pharmaceutical Co. has its headquarters in Shanghai, with 25 branch offices in major cities across China's mainland. In 2001, the company established its largest manufacturing site in Asia with a total investment of $170 million in Wuxi. It sells several products, including Seroquel and Nexium. It has nearly 3,000 employees working in manufacturing, sales, clinical research and new product development. It has a presence in more than 110 targeted cities, with around 800 representatives.[24] Archived 19 December 2007 at the Wayback Machine
- Bristol-Myers Squibb is one of the earliest to enter Chinese market.
- Johnson & Johnson sells Tynoline and other drugs in China.
- Wyeth’s best-seller in China includes Calcium-D.
- Roche launched a medical education campaign targeting 3,500 doctors in 20 Chinese cities in 2004.
- Schering-Plough is a worldwide pharmaceutical company committed to discovering, developing and marketing of new medicines that can improve people's health and extend life. The company is the recognized leader in biotechnology, genomics and gene therapy. Shanghai Schering-Plough Pharmaceutical Co., Ltd, with a total investment of US 37 million, was founded on August 5, 1994 as a joint-venture, with Shanghai Pharmaceutical Industry (Group) Corporation and Shanghai Corporation of Pharmaceutical Economic and Technical International Cooperation.
- Bayer Greater China is Bayer's second largest single market in Asia, accounting for approximately one quarter of regional sales. Its interests in this region have grown steadily over the years, from step-by-step investment in the early 1990s to large-scale, world-class facilities today. Bayer's investment in our integrated production site in the Shanghai Chemical Industry Park makes it evident that Bayer regards Greater China as one of its most important markets worldwide. Bayer's Greater China Group operates in the market encompassing Hong Kong, Taiwan, and China. The Bayer Group in Greater China is led by management holding companies, with the subgroups and production joint ventures operating independently under their strategic direction. The Country Group Speaker, Dr. Elmar Stachels, leads the Group in Greater China. The Greater China Group employs ca. 2,800 people across a wide range of functions. Companies and Locations: Bayer currently operates 18 companies in Greater China. Eight of them now have production facilities on stream in all business segments in which the company is active. Local production accounts for an increasing proportion of sales. Bayer China is engaged in a number of cooperation projects with some of the foremost research institutes and universities in China, to conduct research in the field of innovative materials, health care and crop science. It strongly cooperates with the Chinese Academy of Science and affiliated institutes such as the Institute of Materia Medica and the Kunming Institute of Botany in Yunnan with the aim to identify new compounds in the healthcare and crop science field. There are also a number of projects currently being started in polymers research. In addition, Bayer also supports a number of chairs and programmes for research and teaching at Chinese universities. These include the Tsinghua-Bayer Public Health and HIV/AIDS Media Studies Program, a national platform designed to play a key role in China's public health system. Furthermore, Bayer HealthCare supports a chair for Healthcare Management at the China European International Business School (CEIBS) in Shanghai.
- Boehringer Ingelheim entered Chinese market in 1995 and invested $25 million in a new facility in Shanghai in 2002. Its drugs treating respiratory diseases and cardiovascular diseases have established well in Chinese pharmaceutical markets.
- Hoechst Marion Russel established its China head offices in Beijing in 1995 to manage operations in mainland China and Hong Kong. HMR has two joint ventures in China, Hoechst Huabei Pharmaceuticals Ltd in Shijiazhuang, a heartland of the Chinese pharmaceutical industry, and Hoechst Shanghai International Pharmaceuticals Ltd.
- Eli Lilly set up its first overseas office in Shanghai in 1918 and returned to Shanghai, China in 1993. Its main facility is in Suzhou, Jiangsu province and main products include Ceclor, insulin, and erectile dysfunction drug ED.
- Abbott Laboratories Ltd sells a series of products including baby food in China.
- Xian-Janssen: Among foreign-invested ventures in China, Xian-Janssen Pharmaceutical, located in Xi'an is regarded as a model. It has ranked among the top 10 joint ventures in terms of revenue since 1991, thrice landing in the number one spot. The company's success is due partly to its product line, which includes a range of high-volume sellers: medicines to treat gastronintestinal problems, fungi, allergies and pain, as well as psychosis and epilepsy. But it was Dr. Paul Janssen’s decision to enter China early, to invest inland, and to keep investment plans moving along in the wake of 1989 Tiananmen Square event that have helped build its good relations with the Chinese government. Paul Appermont and Joos Horsten lead the Xian-Janssen Pharmaceutical project.
- Degussa is shifting a large proportion of its pharmaceutical chemicals production from Europe to China in order to take advantage of low-cost manufacturing and improved production efficiencies in the country. At the same time, the company will restructure some of its large production facilities, the vast majority of them in Germany, which could result in the transfer of the manufacture of other products to China.
- Rhodia is improving its competitive position in analgesics by reinforcing its more cost-effective manufacturing operations. The company is making a major investment in its Wuxi, China, paracetamol (acetaminophen or APAP) production facility and consolidating its North American and European operations. Rhodia shuttered its Luling, La., paracetamol operations in 2004 and consolidated production in Roussillon, France, and Wuxi, China. Following these changes, paracetamol production capacity will be adjusted to match current levels."
https://en.wikipedia.org/wiki/Pharma...eign_expansion
Last edited by OhOh; 13-03-2020 at 09:14 PM.
A tray full of GOLD is not worth a moment in time.
not sure if it's really British if it's only based on the localisation of the HQ
a little bit more complex than that these days,
^It is rather. There are several MNC's that actually derive little or no profit and even revenue from their home turf. Anglo American being an obvious example, among many. Then you've got the fact that every MNC is a spider web of interconnected companies, many in places such as the Netherlands Antilles & British Virgin Islands. Just where are these enormous assets domiciled, in a legal sense?
My first wife was an exec in a company that issued BVI companies (among other things). Our version of pillow talk was dreaming up names for the various companies being formed, and sold off the shelf!
There are currently 1 users browsing this thread. (0 members and 1 guests)