11.08.2021 • News

WuXi STA Closes Purchase of Swiss BMS plant

WuXi STA, CDMO subsidiary of WuXi AppTec, has completed the acquisition of a drug product manufacturing facility in Couvet, Switzerland, from US pharma Bristol Myers Squibb. The Chinese company, which announced the purchase plans earlier this year, said the state-of-the-art facility significantly enhances its European capacity.

The Couvet facility opened in 2018 has a state-of-the-art tablet & capsule manufacturing and packaging capabilities. By enhancing its network, WuXi STA said it can “better support customers’ long-term needs globally, as they bring new and existing commercial manufacturing projects from their pipelines to a plant that has the capability and capacity to supply drug products to major global markets.”

With the transaction, the company has increased its global presence to eight R&D and manufacturing sites across Asia, North America and Europe, including the recently announced Middletown site in the US state of Delaware.

“Through combining resources of the Couvet site with our other facilities, we continue strengthening and broadening our capacity and capabilities to better support our global customers in delivering innovative medicines to patients in need,” said Minzhang Chen, co-CEO of WuXi AppTec.

Author: Dede Williams, Freelance Journalist

 

WuXi STA, CDMO arm of WuXi AppTec, has completed the acquisition of a drug...
WuXi STA, CDMO arm of WuXi AppTec, has completed the acquisition of a drug product manufacturing facility in Couvet, Switzerland, from US pharma Bristol Myers Squibb. The Chinese company said the state-of-the-art facility significantly enhances its European capacity. (c) BMS

Interview

Navigating Uncertainty and Driving Innovation
Meeting Pharma’s Demand for Speed, Reliability, and Flexibility

Navigating Uncertainty and Driving Innovation

Axplora CCO Arul Ramadurai discusses navigating industry uncertainty, building strategic partnerships, and advancing flexible pharmaceutical manufacturing

Interview

Driving Transformation
Interconnected Global Chemicals Logistics

Driving Transformation

DP World is reshaping global chemical supply chains. Christene Smith of CHEManager interviews Markus Kanis, Global SVP Chemicals, on the company’s roadmap, new technologies, and the evolving demands of global trade.

most read

Photo

VCI Welcomes US-EU Customs Deal

The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.