Edge Pharmacy Services Expands Manufacturing Operations In Colchester, Vermont
04/04/2017
According to company officials, “Edge specializes in a wide variety of compounded pharmaceuticals with specific focuses in operating room anesthesia, medications for ophthalmic surgery, dermatology, ENT, and allergy treatment. As demand for its products continues to increase, Edge is addressing the long term solution and investing over $1.5 million into expanding production capacity. The new capabilities implemented during the expansion will increase production capacity by 5 times what it is today.”
“With the new FDA and state 503B Outsourcing laws, the pharmaceutical industry is in a transitional period, since it is no longer legal to purchase many medications from traditional compounding pharmacies for office or hospital use,” officials explained. “This is precipitating a large increase in the need for FDA registered and inspected facilities capable of keeping up with the demand."
Included in Edge's expansion plan is the introduction of robotics into the manufacturing processes. Typically reserved for traditional pharmaceutical manufacturing, bringing industrial automation to the 503B Outsourcing space is a critical step to providing customers with not only the necessary throughput, but the assurance that quality and repeatability are built into the basic operations of the manufacturing process.
Edge officials said introducing robotics will allow the company to keep pace with the production demands, while also passing along the benefits of economies of scale to its customers in the form of reduced costs. Like any other industry, as volumes increase the justification for automation becomes easier, which in turn results in lower costs for the customer. It is very typical for Edge not only to bring hospitals and surgery centers into compliance with these new regulations, but also save them hundreds of thousands of dollars per year in pharmaceutical costs.
With respect to regulation, Edge noted “several changes over the past 3 years have impacted health care providers. Edge has been diligent in complying with new rules and regulations implemented by the Boards of Pharmacy, the Food and Drug Administration, USP-795, and USP-797. In the last 3 years, Edge has completed two FDA inspections and 7 Board of Pharmacy inspections, each very closely looking at and commenting on its processes in manufacturing and quality control.”
Project Announcements
PEAK Precision Manufacturing Plans Bowling Green, Kentucky, Operations
07/26/2024
Italy-Based Sipcam Agro USA Upgrades Wayne County, Mississippi, Operations
07/26/2024
Cleveland-Cliffs Plans Weirton, West Virginia, Operations
07/26/2024
IDEXX Laboratories Plans Wilson, North Carolina, Production Operations
07/26/2024
Germany-Based Ritz Instrument Transformers Plans Waynesboro, Georgia, Operations
07/26/2024
AirJoule Plans Newark-Wilmington, Delaware, Operations
07/26/2024
Most Read
-
19th Annual Area Development Gold and Silver Shovel Awards
Q2 2024
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The CHIPS and Science Act will bring jobs back to the United States
Q2 2024
-
2023 Top States Commentary: Top-Ranked States Have What It Takes to Win Mega Projects
Q3 2023
-
The Bring Your Own Energy (BYOE) Party Is Starting
Q2 2024
-
Midwest becomes hotspot for semiconductor manufacturing and supply industries
Q2 2024