Eckert & Ziegler AG has acquired an approximately 7,000 m? property with an expansion option for the building of its Chinese production facility in Jintan (PR China). The purchase was made through a public tender process. The location in the Jiangsu province near Shanghai will be used to build production facilities for radiopharmaceuticals and radioisotopes as well as Eckert & Ziegler's administrative headquarters for the Chinese market. In the medium term, other divisions of the Eckert & Ziegler Group as well as service facilities are also to be located there and third parties are to be offered the infrastructure for joint use. Construction will start at the beginning of next year. Completion of the building and operational readiness are to take place in stages. By end 2027, the investment volume, including land, building, technical equipment, and intangible assets, will amount to up to 50 million EUR. If the project can be implemented as planned, radiopharmaceutical contract production for the international pharmaceutical industry as well as the sale of the company's own products will take place at the new site in Jintan.