Pharma Industry
Industry: Email Alert RSS FeedRhodia to Invest in Contract Manufacturing.
Chemical Market Reporter, March, 2000 by MILMO, SEAN
RHODIA PLANS to invest [epsilon]30 million ($30 million) this year in facilities for pharmaceutical contract manufacturing to help it meet its target of a four-fold increase in custom synthesis sales, to [epsilon]120 million, by 2004. The investments will enable Rhodia to offer pharmaceutical companies a production capability stretching from pre-clinical samples to the commercial-scale manufacture of ingredients for the launch of new drugs.
Two of the company's projects involve an expansion and modernization of units at Holmes Chapel and Dagenham in England. The plants were formerly owned by Rhone-Poulenc Rorer, the pharmaceuticals arm of Rhone-Poulenc, Rhodia's former parent and now part of Aventis. Until Rhodia acquired the two facilities...
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