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Indena S.A.S. and YOUCARE at the Forum Économique Franco-Chinois

Their business relationship represents the collaboration among the two countries in the pharmaceutical sector

Tours – France, and Beijing – China, April 17, 2014 – Indena S.A.S. – part of the Indena group, the world’s leading producer of high quality plant-derived active principles for use in the pharmaceutical, health-food and personal care industries – and the Chinese Youcare Pharmaceutical Group Co. Ltd. participated in the important Forum Économique Franco-Chinois, recently organized by the Comité France Chine to celebrate 50 years of diplomatic relations among the two countries on the occasion of the Chinese President visit in France.

This prestigious Forum is the biggest event organized in France in the frame of a Chinese government visit, gathering more than 500 participants, 220 of which were managers of Chinese companies, and was officially closed by Mr. XI Jinping, President of the People’s Republic of China, and Mr. François Hollande, President of the French Republic. During this important event fifty agreements have been signed among the companies best representing the future in business collaboration between France and China.
Indena S.A.S. and Youcare Pharmaceutical Group Co. Ltd. signed the only agreement in the pharmaceutical sector, aimed to improve their collaboration in producing a high quality botanical extract for the pharmaceutical market, and will cooperate in additional projects.

“Backed by 90-years tradition of a research-based company and thanks to the commitment towards excellence in our field of activity, we have a natural attitude for listening to our customers worldwide and producing high quality extracts – commented François Mairel, Indena S.A.S. Plant DirectorThe collaboration with Youcare is a perfect example of best practice in the pharma sector between two leading companies sharing their science and strengthening their business through innovation and collaboration.”

“The signing of the agreement between Indena and Youcare enhanced the mutual trust and enlarged the cooperation between the two companies, which also proved Youcare’s quality value and deep promise to human health. Youcare is pursuing to use first class and high-quality APIs, and providing high-quality drugs for the market.” – said Mr. YU Weishi, President of Youcare Pharmaceutical Group.

Indena S.A.S. production site processes about 5,000 tons of raw materials per year, is GMP certified and granted Halal, Kosher and ISO 14001 by the major International regulatory authorities. Indena S.A.S. employs 140 people with a turnover of 35mln Euros. Sales in the pharmaceutical sector generate some 50% of Indena S.A.S. business with health-food products making up the remaining 50%.

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Youcare Pharmaceutical Group, founded in 1988, is a diversified pharmaceutical group integrated with new drug R&D, manufacture, circulation and marketing, covering chemical drug, TCM, biological products, from APIs to finish formulations. Youcare was ranked among “China’s Top 100 Pharmaceutical Enterprises” in past 4 years and honored “China’s Top 10 Pharmaceutical Companies in R&D” in 2013.

Further Information on Youcare Pharmaceutical Group: www.youcareyk.com

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