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Pharmaceutical Grade Magnesium Oxide In The International Market
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The biggest function of the pharmaceutical grade magnesium oxide is to be the intermediate. It is one of the most marketization industries, the market competition is very intense. However, the Meishen Technology breaks up the monopolies of international actors depends on the core technology they mastered. The pharmaceutical grade magnesium oxide they produced establish the business relationship with the international drug substance market. It has already become Chinese important magnesium oxide drug substance production base and the largest production base of pharmaceutical grade magnesium oxide.
For a long time, Meishen Technology is focusing on the magnesium oxide’s technical reconstruction and independent innovation. Their technology center applies some incentive mechanism, such as hire personnel for top salary, technology appraised as capital stock, push money from benefit and so on. Seeking applicants through the exchange of human talents and multi channel. At present, this company has already built staff and technical team headed by doctors, masters, bachelors and college students. What’s more, it sets up magnesia material research and development center with Hebei University of Science and Technology, and establishes a good university industry cooperation with Chinese Academy of Sciences and Tsinghua University. Therefore, it has made great progress in producing a serious of products, such as pharmaceutical grade and food grade magnesium oxide, magnesium carbonate, magnesium sulfate and so on.
Up to now, Meishen Technology built several pharmaceutical grade magnesium oxide production lines. The annual scale of production adds up to over 3000 tons. Production and sales located in domestic first and the production technology leads international standard. In the aspect of sale in domestic market, the products sold over 30 domestic provinces and cities. In the domestic, the market share of leading product has account for 90% of the total in that country. At the same time, Meishen Technology actively explores the international market. Their products are exported Italy, Korea, Japan and etc. The market share is 40％ in the Asian market.
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