BMS Invests In Puerto Rican Site | Chemical & Engineering News
Volume 90 Issue 29 | p. 23 | Concentrates
Issue Date: July 16, 2012

BMS Invests In Puerto Rican Site

Department: Business
Keywords: pharmaceutical manufacturing, Puerto Rico

Bristol-Myers Squibb will spend $164 million to expand its site in Humacao, P.R. To be completed by early 2016, the project is expected to add 82,000 sq ft of manufacturing space for type 2 diabetes drugs and 83,150 sq ft for cardiovascular medicines. In addition, the firm says it will debut a new “active coating” process that introduces active ingredients into the coating of a tablet. In 2008, BMS closed its pharmaceutical chemical plant in Barceloneta, P.R. The following year it completed a $200 million expansion in Manati, P.R.

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