Olon Announces The Creation Of A Major Center Of Research And Development In Italy, That Will Give Rise To An Innovative Global R&D Model
PR96067
MILAN, May 26, 2022 /PRNewswire=KYODO JBN/ --
Olon, Leading API supplier, announces the creation of an R&D hub at its center
in Milan, home to the Group's headquarters, paving the way for further major
expansion and diversification of its expertise applied to the development of
APIs for the CDMO and Generics market. With a Euro 10-million investment, the
Italian Group has announced the creation of a huge area dedicated entirely to
research laboratories to be used to develop API (active pharmaceutical
ingredients), manufacturing processes, forming a central research hub and
which, integrating with the 7 existing Olon research centers will give rise to
an innovative global R&D networking model where the high-level expertise and
know-how involved in specific processes, consolidated in the 11 Olon plants
worldwide, will be connected, and extensively applied across the Group's entire
manufacturing network. The major investment involves the construction of a vast
area of laboratories, some of which will focus on furthering the development of
new, highly sustainable technologies, including biocatalysis and
photochemistry. It will also support significant growth in the R&D team, with
up to 50 new researchers hired, bringing the total number of people assigned to
research activities to around 350.
The international research and development hub, which will cover a huge area
within its site in Milan, one of the largest in the Group's network and already
highly strategic in terms of expertise in advanced manufacturing processes, as
high containment technologies.
The new hub represents growth in terms of people, expertise and skills, with
the strategic objective of boosting internal know-how. Based on integrated data
systems, this know-how will enable the company to scale up products faster and
to achieve highly flexible and reliable tech transfer from one site to another.
It will also facilitate the development of new molecules and innovative
synthesis methods and, lastly, help the company attain more competitive process
safety standards, thus increasing the safety of plants, constant product
quality and ensuring business continuity.
The centre will house different areas, each one dedicated to a specific field
of application. The hub will include a laboratory for process safety and
research into scale-up and transfer processes. It will also have an analytical
R&D area, which will broaden expertise for the development of new synthesis
methods and new APIs, from the early phase.
www.olonspa.com
Source: Olon
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