Tofflon

Tofflon Overview

Company Headquarters: Shanghai, China

Founded: 1993

Founded: 2,547

Company Working: Tofflon is involved in the manufacturing of freeze dryers, barrier systems, aseptic filling lines, plastic packaging machines, auto solution preparation systems, and many other products. The company operates through divisions, namely, Tofflon injectable, Tofflon API, Tofflon bio, and Tofflon packaging. The company constitutes five modern pharmaceutical equipment manufacturing bases with global competitiveness. These have been approved with all the international regulatory certifications, such as German TUV ISO9001, ISO14001, OHSAS 18001, CE, UL, PED, and ASME, among others. The company has operations in several countries, including the US, India, Russia, China, and several European countries. Tofflon has served more than 8000 equipment and systems to 2000 pharmaceutical companies across over 40 countries and regions in the world.

Strategy

Tofflon aims to develop and market innovative products and continuously improving existing products. The company follows a long-term growth strategy for the benefit of its clients without being focused on short-term profit. Also, the company strategizes to diversify its product portfolio by increasing the awareness of its products in the marketplace. The company aims to expand its geographical territories and become a leading global player in the freeze-drying equipment industry.

Company Snapshot

$192.2M

Revenue

1993

Founded

Shanghai, China

Headquarters

SWOT Analysis

Strengths

Strong know-how in the pharma freeze dryer field
Works closely with prominent distributors and suppliers
Constitutes technology collaborations with technical partners in the US, Japan, and several European countries, such as Kyowac and Praxair

Weaknesses

Financial instability
Decreasing research and development expenses

Opportunities

Involving into acquisitions and mergers to increase the market share
Global expansion

Threats

Stringent regulatory policies
High competition from existing market giants

Product Offering

Tofflon
- Core Equipment

Financial Performance

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