FedEx Corporation

18/07/2024 | Press release | Distributed by Public on 18/07/2024 08:54

FedEx Opens First European Life Science Center in Veldhoven

Veldhoven, July 18, 2024 - Federal Express Corporation, the world's largest express transportation company, has opened its first European Life Science Center in Veldhoven, the Netherlands.

The state-of-the-art cooling facility joins a global network of FedEx Life Science Centers, with capabilities to receive, store, kit, and pick/pack/ship healthcare products. With this facility, FedEx offers an end-to-end supply chain solution for temperature-sensitive medical storage and transport, allowing pharmaceuticals, the clinical and biologics industry to deliver care for their patients. The Life Science Center Veldhoven is a GDP-licensed (Good Distribution Practices) facility.

The Life Science Center (LSC) in Veldhoven is the sixth of its kind next to those in Memphis (USA), Mumbai (India), Singapore, Seoul (South Korea) and Tokyo (Japan). The facility is strategically situated in the epicenter of innovation, tech-industries and in reach for the conglomerate of Europe-based pharmaceutical, biotech and life science industries.

"Today, we are thrilled to announce the opening of the first European FedEx Life Science Center right here in the Netherlands," said Marius Penninks, Vice President Ground Operations at FedEx Benelux. "As global demand for healthcare continues to rise, having a robust logistics solution is crucial for the safe, timely, and efficient delivery of medicines, clinical trials, and biological products. This new Life Science Center positions us perfectly to be the vital link in the medical transport supply chain, facilitating the timely delivery of care to patients."

Storage and Value-Added Services

The specialised warehouse with an area of one thousand square meters offers four temperature-controlled rooms and freezers for temperatures ranging from -80 °C to +25 °C. It is also monitored 24/7 and each temperature zone has its own alarm system. On top of cooling facilities, it includes specialised packaging, proactive monitoring solutions and value-added services such as labelling and reverse logistics.

Focus on healthcare

According to Grandview Research, the Healthcare Logistics Market is valued at $67 to $90 billion, driven by the rising demand for generic and branded pharmaceuticals. This growth has increased the need for storage facilities to maintain product efficacy and ensure efficient distribution to distributors and retailers.

The opening of the Life Science Center in Veldhoven marks an important milestone in the company's end-to-end services. Because FedEx now also has high-quality temperature-sensitive technologies at its disposal in Europe, it is tapping into this fast growing* vertical market in the pharmaceutical and clinical industry in this region.

Strategic location

Besides its favorable location in both Europe and the FedEx network, Veldhoven is situated in the famous Brainport Eindhoven region which received a 2,5-billion-euro government investment through 'Project Beethoven' for the benefit of the tech industry, including investments in infrastructure, housing and education. These investments are expected to give a boost to start-ups in the field of innovative technology and biotech sciences.

* Grandview Research 2022 https://www.grandviewresearch.com/industry-analysis/pharmaceutical-logistics-market