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Pharmaceutical & Biotech

Life-Science Sector Injects More than $1 Billion in Mid-Atlantic Project Starts in Fourth-Quarter 2015

Industrial Info is tracking 32 Mid-Atlantic region Pharmaceutical & Biotech Industry project starts worth $1.3 billion in fourth-quarter 2015

Released Thursday, October 22, 2015

Life-Science Sector Injects More than $1 Billion in Mid-Atlantic Project Starts in Fourth-Quarter 2015

Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas)--When 2015 draws to a close, the U.S. Mid-Atlantic region is expected to have kicked off construction on 32 projects, both capital and maintenance, in the Pharmaceutical & Biotech Industry during the fourth quarter. The projects represent $1.3 billion in total investment value (TIV).

See below for a listing of Mid-Atlantic projects in the Pharmaceutical-Biotech Industry that are set to kick off during fourth-quarter 2015.

The projects are a blend of both manufacturing plants and research laboratories, sourced out of the commercial and public sectors. Mayne Pharma (Melbourne, Australia) chose its Metric Contract Services' CMO plant in Greenville, North Carolina, as the site for a $65 million expansion. The 100,000-square-foot campus will be expanded by 126,000 square feet and equipped to manufacture solid oral-dose drug products on a contract basis. A portion of the existing facility will be renovated to increase contract analytical and formulation development services.

The College of Charleston (Charleston, South Carolina) is investing $40 million to renovate and expand the Rita Hollings Science Center. The project will renovate the existing four-story, 110,000-square-foot building and construct a three-story, 31,000-square-foot addition to allow for research and instruction of biology, physics, astronomy and psychology.

There always remains the possibility that a number of these projects will be delayed, put on hold, or cancelled. Such is the case at the former Novartis plant in Holly Springs, North Carolina. Purchased in a $275 million transaction by CSL Limited (Victoria, Australia) and operating under the newly formed unit name of Sequiris, the site was scheduled for two sizable projects: a $60 million expansion of its vaccine vial-filling lines, and a $45 million laboratory addition. With the deal just closed and reorganization under way at the site, the future of the projects is currently uncertain.

300204186$500,000,000MARTINSBURG (TABLER STATION) GRASSROOT PERSONAL CARE & HOUSEHOLD PRODUCTS PLANT
300113395$250,000,000ABERDEEN PROVING GROUND PUBLIC HEALTH COMMAND LABORATORY REPLACEMENT ADDITION
300183544$110,000,000COLUMBIA BFS STERILE INHALE/EYE/EAR/ORAL UNIT DOSE SOLUTION CMO PLANT EXPANSION
15002609$77,000,000CHAPEL HILL MARY ELLEN JONES RESEARCH BUILDING RENOVATION PHASE 1
300235931$65,000,000GREENVILLE ORAL SOLID DOSE CMO PLANT ADDITION & RENOVATION
300128612$65,000,000SILVER SPRING BIOMEDICAL PRODUCT RESEARCH BUILDING ADDITION
300138240$60,000,000INJECTABLE FLU VACCINES VIAL FILLING LINE(S) EXPANSION
300186100$40,000,000UNIVERSITY RITA HOLLINGS SCIENCE CENTER RENOVATION & EXPANSION
300112955$25,000,000UNIVERSITY SCIENCE BUILDING EXPANSION AND RENOVATION PHASE I & II
300203702$21,000,000HUMAN AND VETERINARY ORAL SOLID DOSE NUTRACEUTICALS PLANT ADDITION
300199347$20,000,000COLLEGE SCIENCE AND TECHNOLOGY TRAINING CENTER ADDITION
300225350$12,800,000GRASSROOT HAND SANITIZER PLANT
300197139$4,000,000COSMETICS POWDERED/SOLIDS PROCESS LINE EXPANSION
300184507$2,000,000PARENTERAL IV SOLUTIONS CMO 4Q15 MAINTENANCE SHUTDOWN
300234239$2,000,000ANTIBODY THERAPEUTICS R&D CLOSURE, DISMANTLEMENT & RELOCATION
300217996$2,000,000GELATIN, POLYMER & LIQUID-FILLED CAPS CMO 4Q15 MAINTENANCE SHUTDOWN
300192130$1,500,000PEDIATRIC VACCINE PLANT 4Q15 MAINTENANCE SHUTDOWN
300191001$1,500,000GENERIC PARENTERALS CMO 4Q15 MAINTENANCE SHUTDOWN
300190092$1,500,000SOLID DOSE THERAPEUTICS PLANT 4Q15 MAINTENANCE SHUTDOWN
300217676$1,500,000SMALL MOLECULE APIS CMO PLANT 4Q15 MAINTENANCE SHUTDOWN
300201014$1,500,000SOFT GEL/ASEPTIC/TABLETS CMO 4Q15 MAINTENANCE SHUTDOWN
300189073$1,300,000PRE-CLINICAL & COMMERCIAL APIS PLANT 4Q15 MAINTENANCE SHUTDOWN
300184281$1,000,000ASEPTIC FILL/FINISH PARENTERAL CMO PLANT 4Q15 MAINTENANCE SHUTDOWN
300196012$1,000,000DIAGNOSTICS CMO PLANT 4Q15 MAINTENANCE SHUTDOWN
300194526$1,000,000OSTOMY DEVICE & WOUND CARE PLANT 4Q15 MAINTENANCE SHUTDOWN
300181942$1,000,000ANALGESIC TABLETS 4Q15 MAINTENANCE SHUTDOWN
300184511$1,000,000DIAGNOSTICS PLANT 4Q15 MAINTENANCE SHUTDOWN
300184542$1,000,000PARENTERALS PLANT 4Q15 MAINTENANCE SHUTDOWN
300196343$1,000,000INTRAOCULAR MEDICAL PLANT 4Q15 MAINTENANCE SHUTDOWN
300196613$1,000,000DISCOVERY LABWARE 4Q15 MAINTENANCE SHUTDOWN
300191563$1,000,000BIOPHARMA INJECTABLES FILL FINISH CMO PLANT 4Q15 MAINTENANCE SHUTDOWN
300210185$1,000,000GENERIC TABLETS, CAPSULES II-V PLANT 4Q15 MAINTENANCE SHUTDOWN

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
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