UPM Acquires Former Pfizer Facility
Pfizer had gained the facility through its previous acquisition of King Pharmaceuticals.
UPM Pharmaceuticals, a Baltimore, Maryland-based drug development and contract manufacturer, will be acquiring the 500,000-ft2 commercial manufacturing facility that Pfizer currently operates in Bristol, Tennessee.
The acquisition of the Pfizer facility will provide UPM with large-scale commercial capabilities for manufacturing and packaging of solid oral dosage tablets and capsules as well as semisolid manufacturing of creams and ointments. The facility will also provide for technology-transfer support, pilot-plant scale-up capabilities, analytical and microbial testing as well as dedicated suites for potent compounds. As part of the purchase, UPM will continue to manufacture Pfizer’s current portfolio of products within the facility for two years. The new facility will give UPM the capability to annually produce 3.5 billion tablets and 680 million capsules.
Pfizer gained the facility as part of its acquisition of King Pharmaceuticals, a deal which was announced in late 2010 and completed in early 2011. King Pharmaceuticals was founded by UPM’s current Chairman and CEO John Gregory.
Drug Solutions Podcast: A Closer Look at mRNA in Oncology and Vaccines
April 30th 2024In this episode fo the Drug Solutions Podcast, etherna’s vice-president of Technology and Innovation, Stefaan De Koker, discusses the merits and challenges of using mRNA as the foundation for therapeutics in oncology as well as for vaccines.
Pharmaceutical Tariffs Are Imminent: How Industry is Bracing for Impact
April 16th 2025On April 14, 2025, the Trump Administration launched a national security-driven investigation into pharmaceuticals, a move that will likely result in tariffs being placed on pharmaceutical drugs, ingredients, and other components that are imported from outside of the United States.
