In our continuing effort to better serve our customers in the European market, Medicilon is currently preparing its OECD GLP submission. We have invited professional consultants to guide and advise the necessary aspects of the company. Recently, expert consultants came to our company for an initial on-site inspection and their overall reaction has been positive. We will continue ahead based on expert opinion and their suggestions to attain OECD GLP standards and certification.
The OECD, or Organization for Economic Cooperation and Development is composed of more than 30 market economies and inter-governmental economic organizations in a joint effort to cope with economic globalization. Other aspects include social and governance challenges, and strategies to capture the opportunities brought by globalization. Founded in 1961, the total number of 34 members are based in Paris.