Sunday, 05 December 2021


BI to enhance investment in Austria

28 December 2015 | News | By BioSpectrum Bureau

BI to enhance investment in Austria

The investment will create more than 400 new jobs in Vienna

The investment will create more than 400 new jobs in Vienna

Singapore: Boehringer Ingelheim plans to establish a new large-scale biopharmaceutical production facility for active ingredients manufactured using cell cultures in Vienna with a rough investment of half billion euro.

The investment will create more than 400 new jobs in the Austrian capital.

This is a decision for Europe as a pharma location," said Professor Dr Andreas Barner, chairman of board of managing directors at Boehringer Ingelheim. "We took a close look at various international options as part of the investment decision, also considering the research environment at potential sites. The clincher for Vienna was ultimately the company's desire to additionally secure the market supply of biopharmaceutical products and to balance the risk by establishing a further independent facility."

In Vienna, Boehringer Ingelheim has till now produced pharmaceutical active ingredients using microorganisms and over the next few years, cell culture technology will also be transferred there. At the Biberach site, two large-scale facilities for the market launch and cell culture based manufacture of biopharmaceuticals have already been operating successfully for many years. Biberach will remain Boehringer Ingelheim's largest European cell culture and global launch site for biopharmaceutical products.

"Our own promising biopharmaceutical development projects and the heavy market demand for contract manufacturing were the basis for our decision to invest long-term in our biopharmaceuticals activities to this extent," explained Dr Wolfgang Baiker, member of the Board of Managing Directors responsible for biopharmaceuticals and operations. The investment will strengthen Boehringer Ingelheim's international biopharmaceutical network and enhance its leading position in the market. The new production plant will go into operation by 2021.

Sign up for the editor pick and get articles like this delivered right to your inbox.

Editors Pick
+Country Code-Phone Number(xxx-xxxxxxx)


Comments

× Your session has been expired. Please click here to Sign-in or Sign-up
   New User? Create Account