| PHILADELPHIA--  May 11, 2022 --  PCI Pharma Services (PCI), a leading global contract  development and manufacturing organization (CDMO), today announced a  major expansion of capabilities and capacity in aseptic liquid  fill-finish and sterile lyophilization technology, an important  manufacturing process commonly used with injectable and biologic  therapies, with the investment of $100 million into the construction and  enhancement of world-class facilities, at its Bedford, New Hampshire  campus. 
 Following PCI’s acquisition of Lyophilization Services of New  England, Inc. (LSNE) in December 2021, this expansion plan includes a  50,000 square foot facility, which will allow PCI to grow its breadth of  services as a global CDMO, building on its expertise in biologics  packaging and specialty manufacturing with a multi-product facility to  service new and existing clients. The building will contain state of the  art technology, including an aseptic fill-finish line with a fully  isolated containment system. It will also hold twin lyophilizers with  auto-loading and unloading systems, with the capacity to complete 400  vials per minute on a sterile fill-finish line, helping accelerate speed  to market so that patients receive therapies faster.
 
 The Bedford facility will allow PCI to stay ahead of growing demands  for integrated large and small molecule solutions for clinical and  commercial clients. Following PCI’s recently announced construction of  the New England Clinical Center of Excellence in Bridgewater, MA, the  Bedford location is well-positioned to create a centralized hub for its  Northeast clients. PCI will also expand three additional Bedford-based  facilities with more aseptic fill-finish and lyophilization capabilities  to deliver market and dedicated client-based needs.
 
 “We are excited to introduce clients to our newest facility, which  is part of our broader strategy to provide integrated end-to-end drug  development, manufacturing and packaging capabilities,” said Salim  Haffar, Chief Executive Officer, PCI Pharma Services. “Our investment in  these facilities will ensure that PCI continues to leverage new  capabilities in complex formulations, aseptic fill-finish, and  lyophilization to meet the needs of our global clients, particularly as  biologics continue their strong growth trajectory.”
 
 This announcement marks the latest in a series of worldwide  expansions the company has made across multiple continents and five  other sites, including Berlin; San Diego; Rockford, Illinois; and  Melbourne, Australia. PCI sites in San Diego and Melbourne added state  of the art equipment with aseptic fill-finish capabilities in February  2022 to enhance global offerings and deliver much-needed capacity to  early phase clients. The new Bedford facility is dedicated to  high-volume lyophilization, liquid filling, and multi-product handling  from one format to another. PCI will also continue to further increase  capacity and capabilities of their other aseptic fill-finish facilities,  including Leon, Spain and Madison, Wisconsin, with plans to hire  additional manufacturing teams, deploy capital investment and increase  the delivery of life-changing therapies to patients.
 
						
						
 
 |