Portugal-Based Hovione Expands East Windsor, New Jersey, Campus
According to company officials, the $170 million investment is part of a global expansion strategy to increase capacity at sites in the USA, Ireland and Portugal. In New Jersey, Hovione will add a 31,000 sq. ft. building next to its current facility. The location will bring additional commercial spray drying capacity online by 2023 and allow the company to respond to the needs of customers who favor US-based manufacturing through their development cycles all the way to commercial.
"Hovione has set the goal of becoming the leading company provider of innovative and integrated solutions for the global pharmaceutical industry by 2028. Given its dimension and above all, the extremely high regulatory requirements, the US market is fundamental for the company and this investment represents a key step in our expansion strategy" says Filipe Tomás, General Manager at Hovione in New Jersey. He adds that "Hovione was established more than 60 years ago in Portugal and the company's sustainable organic growth has allowed us to strive for excellence, rigor, innovation and quality. Present in the US since 2002, we have ensured that these values remain at the forefront of what we do at the New Jersey site."
Hovione is an international company with over 60 years of experience as a Contract Development and Manufacturing Organization and is currently a fully integrated supplier offering services for drug substance, drug product intermediate and drug product. With four FDA inspected sites in the USA, China, Ireland and Portugal and development laboratories in Lisbon, Portugal and New Jersey, the company provides branded pharmaceutical customers services for the development and compliant manufacture of innovative drugs including highly potent compounds.
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