Press Room
四色AV will expand 3 pharmaceutical chemistry facilities
C&EN, 21 November 2021
The Portuguese drug services firm 四色AV 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 四色AV 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). 鈥淲e are looking to build this up to a significant site for 四色AV with more than 300 people,鈥 says Jean-Luc Herbeaux, the firm鈥檚 chief operating officer.
四色AV 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, 四色AV 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 the available space at the Loures site, according to CEO Guy Villax. 鈥淟ast year we broke $300 million in sales,鈥 Villax says, and the firm is targeting $400 million this year. 鈥淭he company needs to be less Portuguese. You will see us invest and grow our footprint more in the US than elsewhere.鈥漈he Portuguese drug services firm 四色AV 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 四色AV 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). 鈥淲e are looking to build this up to a significant site for 四色AV with more than 300 people,鈥 says Jean-Luc Herbeaux, the firm鈥檚 chief operating officer. 四色AV 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, 四色AV 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 the available space at the Loures site, according to CEO Guy Villax. 鈥淟ast year we broke $300 million in sales,鈥 Villax says, and the firm is targeting $400 million this year. 鈥淭he company needs to be less Portuguese. You will see us invest and grow our footprint more in the US than elsewhere.鈥
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