Growing Almac boosts capacity for manufacturing peptides and packaging commercial products
06 Mar 2024
Gene Therapy
Preview
Source: FiercePharma
To meet growing demand for its services, Northern Ireland CDMO Almac has completed the construction of two new facilities. One will more than double its capacity to produce peptides.
In its continuing expansion blitz, Almac has completed new two facilities at its headquarters in Craigavon, Northern Ireland, which will expand the capacity of the CDMO to package commercial products and to manufacture peptides.
In one expansion project, the 55-year-old private company has finished a 32,000-square-foot facility that increases its ability to manufacture and package sachet drug products, Almac said in a Wednesday release. The site features large-scale manufacturing suites and quality control lab testing.
Sachet drugs are precisely packaged to enable accurate dosing while allowing portability.
Almac also has built a 28,000-square-foot facility that will more than double its peptide API manufacturing capacity to meet the growing demand for clinical development and commercial products.
“Our new peptide API manufacturing facility will significantly grow our portfolio of client APIs and is the latest stage of a wider development and manufacturing expansion initiative for Almac Sciences,” Graeme McBurney, Almac’s chief operating officer, said in a release.
In 2022, the company announced an investment of 200 million pounds ($247 million) to “meet increased client demand” worldwide over the next three years.
Then, five months ago, the company declared that 80 million pounds ($102 million) was designated to add 140,000 square feet at headquarters and house an additional 550 employees. The company's head count totals more than 7,000.
Almac also is growing its presence in the U.S. In 2022, the company pegged $93.5 million for expansion of its North American headquarters in Souderton, Pennsylvania. The expansion is adding 100,000 square feet to the 246,000-square-foot facility, paving the way for the addition of 355 new staffers.
For more details,please visit the original website
The content of the article does not represent any opinions of Synapse and its affiliated companies. If there is any copyright infringement or error, please contact us, and we will deal with it within 24 hours.
Organizations
Indications
Targets
-Hot reports
Get started for free today!
Accelerate Strategic R&D decision making with Synapse, PatSnap’s AI-powered Connected Innovation Intelligence Platform Built for Life Sciences Professionals.
Start your data trial now!
Synapse data is also accessible to external entities via APIs or data packages. Leverages most recent intelligence information, enabling fullest potential.