The CEOs of Corning, Merck, and Pfizer were welcomed to the White House to announce a new pharmaceutical glass packaging initiative, which promises to to return the pharmaceutical glass manufacturing to the United States through modernization and innovation.
The initial investment by the three companies will cover the expansion of Corning facilities, as well as the building of a new high volume manufacturing plant in the Southeast to support the new manufacturing process of pharmaceutical glass. Corning has developed the pharmaceutical glass packaging technology for storage and delivery of injectable drugs called “Valor Glass." According to Corning, Valor Glass has superior strength and is more damage-resistant.
Corning CEO Wendell Weeks specifically credited the White House Office of American Innovation and the FDA’s Emerging Technology Team with providing the assurance necessary to finalize the project. Corning plans to immediately invest $500 million and create 1,000 new American jobs.
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