Nzp.co.nz
Title
New Zealand Pharmaceuticals
Description
About NZP
New Zealand Pharmaceuticals Ltd (NZP) was established in 1971 to extract and purify biochemicals from by-products of the New Zealand meat processing industry. The company's first products were pharmaceutical intermediates extracted from bile. Over the next 15 years NZP's reputation for quality and service allowed it to become one of the major manufacturers and suppliers of these products to the worldwide market. In the 1980's the product range broadened to include a variety of other biochemicals from the meat industry and in recent years, development has focused on biochemicals and extracts from plant materials.
NZP was initially owned by a consortium of meat companies and Tasman Vaccine Laboratories (TVL). In 1976 ICI NZ Ltd (now Orica) bought TVL including its 40% stake in NZP. In 1994 the meat industry sold its shareholding to ICI, who then owned 100% of the company until a management-led buy-out was concluded in January 1998.
NZP is situated near the city of Palmerston North in the North Island of New Zealand. Located in the heart of the country's farming region, the city is home to New Zealand's largest university (Massey University), and the centre for New Zealand's largest Life Sciences and Agricultural Research Institutions (AgResearch, Crop and Food Research, Hort Research, Landcare Research and Fonterra Research).
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