Abstract
The Portuguese drug services firm Hovione has outlined a $170 million investment program through 2023 that it says will increase its production capacity by about 25%. In East Windsor, New Jersey, where Hovione is investing $50 million, the company will add two spray dryers, tripling capacity, and expand its capacity to make research- and small-scale quantities of active pharmaceutical ingredients (APIs). “We are looking to build this up to a significant site for Hovione with more than 300 people,” says Jean-Luc Herbeaux, the firm’s chief operating officer. Hovione currently employs about 150 people in New Jersey. In Cork, Ireland, it will spend about $50 million to upgrade its high-potency API production and add a spray dryer. In Loures, Portugal, Hovione is spending $70 million on additions such as a new manufacturing building and an eight-lab quality control facility. These projects, some of which are already complete, will take up all
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