Recipharm
Recipharm has announced an investment of €32 million (£27.13 million) in its Wasserburg site located near Munich. The capital will be used to create a new building that will house a fourth production area, adding to the three already in operation. This development will significantly increase the company’s lyophilisation capacity and will result in a brand new state-of-the-art facility, equipped with the latest automatic loading and unloading technology. The building will also have the flexibility to accommodate further production lines. The number of employees will be increased from the current 282 to 320 and the new area is expected to be operational in 2016.
The Wasserburg facility has a long history of producing products in vials and ampoules for large, medium and small pharmaceutical companies and was established almost 40 years ago. It has emerged as a world leading specialist in aseptic filling and lyophilisation of injectable drugs, supplying Europe, the US, Brazil and Asia Pacific.
Armin Dallüge, General Manager of Recipharm in Wasserburg, said: “We are absolutely delighted with this decision to significantly expand our facility. We have been operating at full capacity for several years now and we see this investment as vital to maintain and increase our leadership in this field. Demand for lyophilisation is expected to increase in the coming years and we intend to be at the forefront of servicing this."
Thomas Eldered, CEO of Recipharm AB, commented: “Lyophilisation is a fast growing technology which we believe will become even more important. Recipharm is one of the few CDMOs with the capability to make such a significant commitment to this dose form and our financial stability sets us apart from our competitors. Given the excellent track record of Wasserburg and in particular the highly skilled workforce, we are very confident that this investment will help us to consolidate our position as one of the world’s leading CDMO’s."
Recipharm AB, +46 8 602 52 00, info@recipharm.com, www.recipharm.com.