Temperature-controlled packaging firm Peli BioThermal has opened a new network station and service centre in Mexico City, Mexico.
Mexico is the second largest pharmaceutical market in Latin America — and 12th in the world — with more than $1.75 billion in pharma exports since 2015.
The Mexico City network station will service, refurbish, repair and condition Peli BioThermal’s reusable Crēdo on Demand shippers.
Mexico’s pharma exports – primarily prophylactic, therapeutic, antibiotic and hormonal products – have steadily climbed in recent years, with an average increase of 2.6 per cent per year.
These exports are mainly shipped to the United States, Switzerland, Panama, Venezuela and Colombia. In addition, Mexico City has the highest number of pharma businesses in Mexico, and 40 per cent of the industry’s economic activity in Mexico is concentrated in the 10 largest companies.
“The pharmaceutical market in Mexico has become increasingly favourable in recent years, making it a prime location to add our network station and service centre,” said Dominic Hyde, vice president of Crēdo on Demand.
“Our Crēdo on Demand rental programme will give pharmaceutical innovators in the region more convenient and flexible shipping options along with the ability to reduce costs and advance sustainability goals with reusable shippers.”
The Mexico City network station and service centre is the latest of many new network stations and service centres that the company has opened throughout 2018-2019 – driving toward a total of more than 100 locations around the world.