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Outsourcing

For pharma services firms, big assets can pose major risks

Despite a spotty track record, contract development and manufacturing organizations push on in their acquisition of drugmakers’ factories

by Rick Mullin
October 13, 2019 | A version of this story appeared in Volume 97, Issue 40
A photo of two plant workers walking down the midway of a huge fine chemical factory.

Credit: Evonik | Eli Lilly and Company recently renewed a service contract that accompanied the sale of its Lafayette, Indiana, manufacturing complex to Evonik Industries in 2010. Evonik now also serves about 20 other customers at the facility.

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