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Esco Micro Pte Ltd

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Esco Micro Pte Ltd - Healthcare showcase

Year Founded & Workforce

1978

1,000 Employees

Industry

Healthcare

Services

Cold Storage
E

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Esco Micro Pte Ltd Overview

Company Headquarters: Singapore, US

Founded: 1978

Workforce: 1000

Company Working: Esco Micro Pte Ltd. (Esco) is a biotechnology company involved in developing and manufacturing laboratory, medical, and pharmaceutical equipment solutions. The company operates through three segments and offers products that include laboratory equipment, medical equipment, and pharmaceutical equipment. It manufactures biological safety cabinets, lab incubators and ovens, CO2 incubators, fume hoods, ductless fume hoods, laminar flow cabinets, ultra-low temperature freezers, hospital pharmacy isolators, and containment/pharma products, which are used in more than 100 countries. Geographically, it operates from countries such as the US, the UK, Germany, Italy, Russia, Singapore, China, and India.

Strategy

Esco uses the Esco Business System as a strategic tool to continuously improve the operating and also focus on extending its global footprint and market access through mergers and acquisitions. The company focuses on expanding its market by following strategies, such as innovating and developing new products, usage of unique user-focused market approaches, and building stronger relations with healthcare professionals. The company directly approaches its customers through different strategies such as setting up direct sales in its top five markets, by conducting a program for Coloplast Care and by building stronger relations with healthcare professionals

Company Snapshot

1,000

Employees

1978

Founded

Singapore, US

Headquarters

SWOT Analysis

Strengths

  • Leading life sciences company in Southeast Asia​
  • Offers innovative products​

Weaknesses

  • Majorly depends on Southeast Asia for revenue

Opportunities

  • Growing adoption of personalized medicines​
  • Increasing genomic research activities​

Threats

  • Challenging economic conditions in emerging markets ​
  • Increasing price pressures

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Key Developments

DateApproachDevelopment
October 2016ExpansionEsco announced its inauguration of the new office site in Taiwan to provide support to the Taiwan market.

Product Offering

  • Esco Micro Pte Ltd
    • Cold Storage

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