Contact lens manufacturer Menicon Singapore, a subsidiary of Menicon Co, has opened its new $97m R&D and manufacturing facility.
The Singapore facility is reportedly the first R&D center in Asia outside Japan.
The facility is expected to expand Menicon’s capacity and competitiveness for the supply of daily disposable lenses to global markets.
It is slated to become a hub for the development of new technologies, complementing research conducted in Japan.
Menicon Singapore will utilize technology developed locally in Singapore to produce disposable contact lenses.
Menicon Co CEO Hidenari Tanaka said the opening of Menicon Singapore’s manufacturing and R&D facility will propel Menicon into a global contact lens manufacturer and strengthen its position as a global vision care company.