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Outsourcing

SK invests at Ireland pharmaceutical chemical facility

by Rick Mullin
June 25, 2022 | A version of this story appeared in Volume 100, Issue 23
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The pharmaceutical services firm SK Pharmteco says it will spend $35 million to expand its facility in Swords, Ireland. The project includes a manufacturing building that will add 26.5 m3 of capacity, along with filtration and drying equipment. It is expected to open in 2024. The building will accommodate a second-phase investment with the goal of a 50% capacity expansion at the site, which SK acquired from Bristol Myers Squibb in 2017. SK put $30 million into a reactor expansion at the plant in 2020.

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