On 25 April 2023, the groundbreaking ceremony for Ypsomed’s new production facility took place in the Changzhou National Hi-tech District. In order to be able to efficiently serve the rapidly growing Chinese market for injection systems, Ypsomed is investing over CHF 35 million in the new manufacturing plant in a first phase. Production is expected to commence in the second half of 2024. The groundbreaking ceremony heralded the start of construction of the new production facility in the Changzhou Industrial Park. The Changzhou National Hi-tech District (CND) industrial park covers 439 km2 and is home to more than 10,000 companies, around 1,500 of which are from abroad, and is geared towards the high-tech industry.