HONG KONG, March 14, 2025 /PRNewswire/ -- Teva Hong Kong ("Teva"), has announced a strategic partnership with Kerry Pharma, the subsidiary of Kerry Logistics Network Ltd ("KLN"). Leveraging Kerry Pharma's extensive logistics (fourth-party logistics, 4PL) distribution capabilities, this collaboration aims to enhance Teva's pharmaceutical distribution system in Hong Kong, Macau, and the Greater Bay Area, ensuring a stable supply of high-quality medical products. This initiative not only strengthens Teva's presence in Hong Kong, Macau, and the Greater Bay Area, enhancing product distribution system resilience and driving quality and efficiency improvements in the regional pharmaceutical industry, but also marks a crucial step in building an efficient, transparent, and sustainable pharmaceutical supply model that prioritizes patient care.
Theodor Wee, The General Manager of Teva Greater China, and Samuel Lau, Managing Director - Integrated Logistics Asia of KLN exchanged the souvenir to celebrate the partnership
Theodor Wee, General Manager of Teva Greater China, said, "The stable supply of medicines is crucial to patient health, and Teva is always committed to exploring innovative initiatives to improve patient access to medicines continuously. This collaboration also exemplifies Teva's global 'Pivot to Growth' strategy. In the future, we will accelerate to bring more medicines that will meet the evolving needs of patients. Teva looks forward to partnering with Kerry Pharma to promote medical integration and innovation in Hong Kong, Macau, and the Greater Bay Area, leveraging each other's strengths as a model of cooperation."
Samuel Lau, Managing Director - Integrated Logistics Asia of KLN, said, "Kerry Pharma has been deeply involved in the healthcare product distribution sector, dedicated to delivering efficient, safe, and compliant integrated logistics solutions. Teva's trust, and support have enabled us to fully leverage our expertise in 4PL fulfilment solutions and multi-temperature storage. We are committed to ensuring the standards of safety and compliance throughout the delivery process, providing strong support for pharmaceutical distribution in the local market."
Teva and Kerry Pharma celebrated the milestone of the strategic collaboration
Project team members from Teva and Kerry Pharma gathered to celebrate this meaningful moment together
Upholding the purpose "We Are all in for Better Health", Teva remains committed to providing safer and more timely supply of medicines for patients across regions. In the future, Teva will continue to explore policy integration models, partnering with industry allies to establish a more innovative, efficient, and inclusive pharmaceutical ecosystem-creating greater healthcare benefits for patients across the Greater Bay Area.
About Teva
Teva (NYSE and TASE: TEVA) is a different kind of global pharmaceutical leader, one that operates across the full spectrum of innovation to reliably deliver medicines to patients worldwide. For over 120 years, Teva's commitment to bettering health has never wavered. Today, the company's global network of capabilities enables its 37,000 employees across 57 markets to advance health by developing medicines for the future while championing the production of generics and biologics. If patients have a need, we're already working to address it.
Teva China has offices in Shanghai, Beijing, and Hong Kong. Teva China has established strong collaboration with partners across various sectors to enhance the product accessibility and affordability.
To learn more about how Teva is all in for better health, visit www.tevapharm.com.
About Kerry Logistics Network Limited (KLN)
KLN (Stock Code 0636.HK) is an Asia-based, global 3PL with a highly diversified business portfolio and extensive coverage in Asia. It offers a broad range of supply chain solutions from integrated logistics, international freight forwarding (air, ocean, road, rail and multimodal) and e-commerce to industrial project logistics and infrastructure investment.
With a global presence across 59 countries and territories, KLN has established a solid foothold in half of the world's emerging markets. Its diverse infrastructure, extensive coverage in international gateways and local expertise span across the Mainland of China, India, Southeast Asia, the CIS, Middle East, LATAM and other locations.
KLN generated a revenue of over HK$47.4 billion in 2023. It is listed on the Hong Kong Stock Exchange and is a constituent of the Hang Seng Corporate Sustainability Benchmark Index.