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Cytiva and Pall Corporation investing 1.5 billion USD over two years to meet growing demand for biotechnology solutions
Cytiva and Pall Corporation investing 1.5 billion USD over two years to meet growing dema...
About this update from Discovery Harbour Resources Corp.
[{"type":"text","content":"\n \n \n \n Cytiva and Pall Corporation investing 1.5 billion USD over two years to meet growing demand for biotechnology solutions\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n -- Major investments are expanding manufacturing capacity for life sciences products at 13 Cytiva and Pall Corporation sites helping to meet customer demand.\n \n \n -- New sites opening in US and UK to realize regional manufacturing models. Overall, the companies plan to hire 2000 full-time associates over the next two years.\n \n \n -- Investment follows five strategic acquisitions made by the companies this year and is in addition to Cytiva's continuing capacity investments estimated at 500 million USD through 2022.\n \n \n Canada NewsWire\n \n \n \n \n \n \n AMERSHAM,\n \n United Kingdom\n \n ,\n \n July 27, 2021\n \n /CNW/ -- An ongoing strategic growth plan from Cytiva and Pall Corporation, part of the Danaher (NYSE: DHR) Corporation,\n \n will expand manufacturing capacity and services across geographies\n \n for global life sciences customers.\n \n \n The investment, already underway, includes new sites, expansion at existing factories, and is additional to previously announced investments.  It follows five acquisitions made by the companies so far this year.\n \n \n \n Emmanuel Ligner\n \n , Danaher Group Executive, says: \"Our customers tell us they need access to manufacturing agility, a robust global supply chain and more regional options. This investment further fuels our expansion program so we can rapidly meet the current and future needs of our customers and ultimately, their patients.\"\n \n \n Cytiva and Pall Corporation's capacity expansion will increase the manufacture of key products used to make biologic medicines.\n \n \n The companies are investing:\n \n \n \n \n 600+ million USD in chromatography resins\n \n – media for analyzing or purifying biomolecules – establishing a new manufacturing site in the US.\n \n \n \n 400+ million USD in cell culture media\n \n – in liquid or powder form this is used to grow and cultivate cells before...