Abbott invest €85 million API facility expansion
Waste Management Expo 2020 MAR 12&13 BIEC, Bengaluru, India

Abbott to invest €85 million for API facility expansion

2:21 AM, 16th February 2012
Abbott to invest €85 million for API facility expansion

ILLINOIS, US/SLIGO, IRELAND: Abbott plans to invest €85 million at its pharmaceutical manufacturing operation in Sligo. The investment will result in the creation of up to approximately 175 highly skilled jobs. The expansion of the facility will be completed in 2014. The expansion will provide additional space for manufacturing operations to support Abbott’s future pharmaceutical pipeline in the key therapeutic areas of virology, oncology and nephrology and provide additional capacity in Abbott’s global pharmaceutical manufacturing network. “The expansion at Sligo will enable us to produce innovative therapies that we expect will represent significant advances in the treatment of cancer, chronic kidney disease and viral infections,” said Dr Azita Saleki-Gerhardt, President, Global Pharmaceutical Operations, Abbott.

© IDA Ireland News



Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News

BASF to invest $33 mn in plant biotechnology and insect control research

LUDWIGSHAFEN, GERMANY/RESEARCH TRIANGLE PARK, US: BASF announced a $33 million investment to expand its facilities in Research Triangle Park (RTP), No ...

Read more
Russian oil industry sees £9.3 mn investment to improve efficiency

LONDON, UK/MOSCOW, RUSSIA: The Skolkovo Foundation has given official approval for the establishment of a Centre of Applied Research on Energy efficie ...

Read more
BOC to invest $70 million in new air separation plant

SYDNEY, AUSTRALIA: BOC Ltd, subsidiary of Linde group and New Zealand Steel announced that they had agreed a long term industrial gas supply contract ...

Read more
Development of treatment for cardiac disease

SASKATCHEWAN, CANADA: Researchers at University of British used the Canadian light source synchrotron to reveal the beating of heart cells by contro ...

Read more
DSM Engineering Plastics shifts global headquarters to Singapore

SITTARD, THE NETHERLANDS: DSM Engineering Plastics announced that its global headquarters have moved to Singapore. The company has moved a number of i ...

Read more
Improving treatment of heart disease with new mathematical model

NOTTINGHAM, UK: Beating of heart is the co-ordinated action of more than a billion muscle cells. Most of the time, only the muscle cells from the la ...

Read more uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X