The Chinese Traditional Medicine Tasly Group Moves to Geneva

by swisscham in Business

The Chinese traditional medicine Tasly Group will establish its European center in Geneva. Dozens of jobs will be created and a factory could follow in the canton of Fribourg. The Tasly Group, the publicly listed leading producer of traditional Chinese medicine, a global drug giant which employs over 10,000 people worldwide, will create tens of workplaces in Geneva, said Thursday the RTS (Swiss Public Broadcasting Organisation) . According to the responsible for the economic promotion of the French-speaking part of Switzerland, Philippe Monnier, the implementation Tasly has huge potential. He compares it to DuPont, which employs almost 800 people in Switzerland. Vladas Snieckus, director of Tasly Europe, taxation was not the first criterion in choosing Switzerland, since Luxembourg was also competing to host the European center, while being more advantageous. The network formed by the universities of applied sciences, pharmaceutical companies and research laboratories gathers capitals skills to the probate of Tasly products in Europe. In addition, Tasly also considering implementing a production center in the canton of Fribourg.

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