Sector News

Shire opens $1B plant to make rare disease drugs

October 15, 2018
Life sciences

Shire’s $1 billion plasma fractionation plant in Georgia has gone through three owners already since it was envisioned and will soon have a fourth. But after six years, it is now officially open.

The company held a kickoff ceremony at the plant in Covington on Thursday, according to The Covington News. In an email, the company confirmed that the plant currently has about 900 employees and is expected to have about 1,500 when it is fully operational.

The 1 million-square-foot facility was announced in 2012 when Baxalta was still the drug unit of Baxter International. Baxter spun the drug unit off into Baxalta in 2014, and Shire bought Baxalta in a $32 billion deal in 2016 in a move to broaden its offerings. The plant is soon expected to have a fourth owner after Japan’s Takeda in May made a $62 billion deal to buy Dublin-based Shire.

Through all of that, patients have been “the ultimate inspiration for everything,” Carlos Soto, Shire’s vice president of manufacturing operations, said at the opening, the newspaper reported.

The company will make immunoglobulin products there to help patients with primary immune deficiency disorders. The company last year said it has filed its first submission to the FDA for the plant, seeking the transfer of production of Gammagard Liquid, a replacement therapy for primary humoral immunodeficiency. Shire in June won FDA approval for the product.

Shire expects to make a second submission to the FDA this year for development of its albumin therapy at the Covington facility. Shire’s albumin therapy is primarily used as plasma-volume replacement therapy in immune disorders, trauma and other critical conditions, the company said.

By Eric Palmer

Source: Fierce Pharma

comments closed

Related News

April 26, 2024

Former Bristol Myers CEO tapped as Novartis’ next board chair

Life sciences

Giovanni Caforio, the former CEO of Bristol Myers Squibb, is set to become the next board chairman of Novartis, which on Tuesday proposed the pharmaceutical industry veteran as its pick to replace Joerg Reinhardt in the role next year. Reinhardt has served as Novartis’ chair since 2013 and plans to retire when his 12-year term ends in 2025.

April 26, 2024

GE HealthCare launches voice-activated, AI-powered ultrasound machines for women’s health

Life sciences

GE HealthCare has raised the curtain on two ultrasound systems equipped with artificial intelligence programs designed to assist in diagnosing conditions in women’s health, including obstetric exams. The Voluson Signature 20 and 18 imaging systems include AI tools capable of automatically identifying and annotating measurements of fetal anatomy.

April 26, 2024

Scientists reveal new method that could reduce waste from drug manufacturing

Life sciences

Scientists from the University of Edinburgh’s School of Chemistry have revealed a new sustainable method of manufacturing complex molecules that could reduce waste produced during drug production. The method published in Nature Chemistry could help to prevent severe side effects caused by drugs that can exist as enantiomers.

How can we help you?

We're easy to reach