After touring the Fishers facility, William Blair analysts say demand for syringes is “healthy and robust” with a sequential utilization ramp-up expected in coming quarters.
Alessandro Maselli, who took the helm in 2022, has navigated the global CDMO through the COVID-19 pandemic and the landmark $16.5 billion acquisition by Novo Holdings.
While jobs dropped 3.7% last year, the state is still home to the largest number of manufacturing-related life science jobs in the U.S., according to Biocom California.
The strategic realignment is aimed at better serving customers across the drug development lifecycle, from research and discovery to clinical and commercial manufacturing.
Smart manufacturing is “nearly universal” with 95% of manufacturers saying they are using or evaluating smart technology, according to a new survey from Rockwell Automation.
The CDMO completed site construction and infrastructure installation at its 50,000-square-foot facility, with full-scale GMP production slated for this summer.
Italian authorities have appointed a special commissioner to ensure the former Catalent facility near Rome is speedily upgraded, given its significant economic impact.
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