Cambrex Celebrates its 40th Anniversary while Investing over $100 million in New Drug Substance Manufacturing Capacity
PR94001
EAST RUTHERFORD, N.J., Jan. 11, 2022 /PRNewswire=KYODO JBN/ --
Cambrex recently celebrated the 40th anniversary of its founding in 1981.
Following forty years of growth and transformation into a leading global
contract development and manufacturing organization (CDMO), Cambrex continues
its commitment to leadership in pharmaceutical drug substance manufacturing
with over $100 million of investments in progress across its global
manufacturing network.
"As Cambrex celebrates our 40th anniversary, we are proud to be making
significant investments in capacity and new capabilities across our network,"
said Thomas Loewald, Cambrex CEO. He added, "Paired with our growing team of
over 2,200 employees; these investments will enable us to serve our customers
better as we partner with them in the development and manufacturing of novel,
life-changing therapies."
The largest of the expansions in Charles City, IA, is a $50 million project to
support the large-scale development and manufacturing of small molecule drug
substances. As the latest in a series of significant investments at the site,
the expansion will increase the facility's capacity by approximately 30 percent
with reactors sized up to 16,000 liters, ideal for efficient production of
large-volume commercial drug substances. The new capacity will come online
during the first half of 2022.
In October 2021, a further $30 million investment was announced at Cambrex's
High Point, NC facility focused on clinical-stage drug substance and
small-volume commercial manufacturing services. Now in progress, the expansion
will approximately double the facility's capacity by adding new chemistry
laboratories, new clinical manufacturing suites, and a small-scale commercial
manufacturing operation with reactors up to 2,000 liters. In addition to
expanding Cambrex's leadership in continuous flow chemistry, this investment
will give Cambrex the ability to develop and manufacture highly potent APIs for
its customers within a single facility. The High Point facility expansion will
be completed during the first half of 2023.
In Europe, Cambrex is midway through a series of upgrades at its Karlskoga,
Sweden facility totaling over $20 million, which will increase multi-purpose
capacity by 25 percent and provide more flexibility in API manufacturing. Less
than a year removed from installing a new 6,000-liter drug substance production
line, the site is now executing a similar project to add additional cGMP
manufacturing capacity by the end of 2022.
These investments, which span all scales of clinical and commercial drug
substance manufacturing, will ensure Cambrex continues to be well-positioned to
support its customers in the development and manufacturing of innovative new
therapies that improve human health.
About Cambrex
Cambrex is a leading global contract development and manufacturing organization
(CDMO) that provides drug substance, drug product, and analytical services
across the entire drug lifecycle. With over 40 years of experience and a
growing team of over 2,200 experts servicing global clients from North America
and European sites, Cambrex is a trusted partner in branded and generic markets
for API and dosage form development and manufacturing.
Cambrex offers a range of specialized drug substance technologies and
capabilities, including biocatalvsis. continuous flow, controlled substances,
solid-state science, material characterization, and highly potent APIs. In
addition, Cambrex can support conventional dosage forms, including oral solids,
semi-solids, and liquids, and has the expertise to manufacture specialty dosage
forms such as modified-release, fixed-dose combination, pediatric, bi-layer
tablets, stick packs, topicals, controlled substances, sterile and non-sterile
ointments.
For more information, visit www.cambrex.com
Contact:
Eli Cohen, Sr. Director of Marketing
Email: press@cambrex.com
Phone: +1 919 544 8638
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Source: Cambrex
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