Pharma packaging company Schott Pharma has unveiled plans to establish a new manufacturing facility in Wilson, North Carolina. Schott Pharma says the $371 million investment in the U.S. facility will create more than 400 jobs in the region and significantly expand the company’s presence in the U.S., an increasingly important strategic market for the German…
Amgen opens AI-enabled Ohio biomanufacturing facility
Earlier this year, NVIDIA and Amgen revealed plans to analyze one of the world’s largest human datasets using AI models trained on an NVIDIA DGX SuperPOD in Iceland. Now, Amgen is signaling its continued commitment to cutting-edge tech with a ribbon cutting for an advanced biomanufacturing facility in New Albany, Ohio. Known as Amgen Ohio,…
Navigating the new regulatory terrain pharma companies face with IRA and 340B
The ever-evolving landscape of pharmaceutical regulations has long been challenging to navigate, but now pharma companies face additional complexities with the introduction of the Inflation Reduction Act (IRA) and the ongoing implementation of the 340B drug pricing program. In recent years, the IRA has made waves for its impact on the pharmaceutical industry, including proposals…
Lilly announces $1.6B investment in Indiana manufacturing facilities
Eli Lilly and Company (NYSE:LLY) will invest an additional $1.6 billion and create roughly 200 new jobs at two new manufacturing sites within LEAP Innovation Park in Boone County, Indiana. In all, the company has earmarked $3.7 billion for the facilities and plans to create a total of about 700 new jobs. Examples of job…
Purdue University launches institute for advanced manufacturing of pharmaceuticals
Thanks to a donation from pharma industry veteran William D. Young, Purdue University has announced plans to launch a new institute dedicated to furthering pharmaceutical manufacturing to reduce costs and bolster access to new biotech drugs. The William D. Young Institute for Advanced Manufacturing of Pharmaceuticals is named after the eponymous chemical engineer, who graduated…
The 5 most popular pharmaceutical processing stories of 2021
With the pandemic continuing to disrupt the pharmaceutical industry, drug makers find themselves torn between the traditional domain of drug making and an emerging domain of new platforms and focuses. This disparity was reflected in the most popular pieces of content from Pharmaceutical Processing World in 2021. 1. GSK, Pfizer and J&J among the most-fined drug…