Zug – SHL Medical AG is planning a combined production and office building at the Tech Cluster Zug. The medtech company intends to manufacture drug delivery systems for the pharma industry at this site from 2024.

SHL Medical drug delivery devices
SHL Medical established its HQ In Greater Zurich in 2018 and plans to manufacture drug delivery systems from 2024.

 

SHL Medical AG hopes to manufacture drug delivery systems for the pharma industry at the Tech Cluster Zug from 2024. To this end, it is planning a combined production and office building at the Südtor building lot in the south of the Tech Cluster Zug site. This land is owned by Urban Assets Zug AG, a subsidiary of Metall Zug AG, which will construct the building and rent it out to SHL Medical AG. 

In 2018, SHL Medical had established its corporate headquarters in Zug as a means to intensify its global expansion strategy, as Metall Zug outlines in a press release. “Building a new site in Zug will fortify SHL Medical’s presence in Europe and put its manufacturing capabilities at the doorstep of the European market.” This will make supply chains shorter and therefore greener. This Tech Cluster Zug site was chosen for its focus on sustainability. 

Now, Metall Zug reports it will be able to develop the Südtor building lot “with a preferred partner”. As HandwerkStadt Zug and V-ZUG AG are both moving out of the building lot in question over the next two years, the timing for construction of the new office and production building works so that SHL Medical can move in on schedule. V-ZUG is currently investing in modern, digitized production facilities and buildings for the manufacture of household appliances at the Tech Cluster Zug.

The winning project in the competition that has now been launched is likely to be awarded in March 2021. Bauart Architekten und Planer, EM2N Architekten, Graber & Steiger Architekten and Penzel Valier AG have all been invited to take part.

Medtech webinar on November 19

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Webinar scaling medtech in Greater Zurich

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