BJP Laboratories is a leading Australian contract manufacturer of conventional and alternative medicines.
Located in Yatala, between Brisbane and the Gold Coast, the company is fully equipped to manufacture and package organic and non-organic complementary medicinal products, such as tablets, capsules and powders.
Among its extensive range of products, BJP specialises in the production of probiotics, which it undertakes in its purpose-built humidity controlled facility.
A new opportunity
Over the past few years, BJP has experienced exponential business growth, as a result of increasing demand for listed medicines in overseas markets.
On the back of this success, one of BJP’s existing clients, which is one of the world's most reputable pharmaceutical companies, required increased production capacity to meet the growing demand for glucosamine tablets in Asia.
Despite having the technical capability to manufacturer the tablets, BJP was unable to secure sufficient finance to purchase the raw materials required for production.
With BJP’s bank unable to provide additional funding to support its rapid business growth without more tangible security, BJP faced the possibility of being unable to fulfil a contract with one the world’s most reputable pharmaceutical companies.
On the recommendation of its bank, BJP approached us to see if we had a solution.