Ab­bott pumps $450M+ in­to new Ire­land-based man­u­fac­tur­ing site project and hir­ing spree

As Ire­land con­tin­ues to see more in­vest­ments and build­ing projects from phar­ma com­pa­nies, an­oth­er con­tender is look­ing to place more in­vest­ment in the Emer­ald Isle.

Ac­cord­ing to a re­port from The Irish Times on Fri­day, Ab­bott Lab­o­ra­to­ries is in­vest­ing €440 mil­lion, or about $451 mil­lion, to build a new man­u­fac­tur­ing plant in Kilken­ny, lo­cat­ed in the coun­try’s south­east, to make more of its glu­cose mon­i­tors.

Ac­cord­ing to an Ab­bott spokesper­son in an email to End­points News, the com­pa­ny an­tic­i­pates that more than 800 peo­ple will be em­ployed at the Kilken­ny fa­cil­i­ty once it opens, and the re­main­der will be em­ployed at its site in Done­gal.

“Done­gal is a key man­u­fac­tur­ing site for Ab­bott’s di­a­betes care busi­ness, and we have in­vest­ed heav­i­ly in ex­pand­ing our op­er­a­tions there over the last four years. We’re in­creas­ing our cap­i­tal in­vest­ment in Done­gal in­clud­ing fa­cil­i­ties, pro­duc­tion equip­ment and adding peo­ple to en­able Done­gal to bet­ter sup­port our prod­ucts glob­al­ly,” the Ab­bott spokesper­son said.

For the new 250,000 square-foot build­ing in Kilken­ny, the com­pa­ny will start re­cruit­ment im­me­di­ate­ly for po­si­tions in en­gi­neer­ing, qual­i­ty con­trol and med­ical de­vice man­u­fac­tur­ing, among oth­ers. The site, which the com­pa­ny hopes to have on­line by 2024, will be re­spon­si­ble for the man­u­fac­ture of its Freestyle Li­bre 3 sys­tem for con­tin­u­ous glu­cose mon­i­tor­ing. And the com­pa­ny is bull­ish that it can find the tal­ent.

“The new lo­ca­tion of Kilken­ny is at­trac­tive to our fu­ture em­ploy­ees as the re­gion has strong ed­u­ca­tion­al links with the South-East Tech­no­log­i­cal Uni­ver­si­ty, en­abling us to at­tract grad­u­ates from its Wa­ter­ford and Car­low cam­pus­es,” the spokesper­son said.

Ab­bot has had a heavy pres­ence in Ire­land for over 75 years and cur­rent­ly em­ploys more than 5,000 peo­ple across nine sites. How­ev­er, Ab­bott’s fur­ther com­mit­ment comes at a time when sev­er­al oth­er ma­jor phar­mas are look­ing to snap up Irish soil for man­u­fac­tur­ing.

Mer­ck KGaA, Alex­ion, Eli Lil­ly and SK have all an­nounced ei­ther new ma­jor mul­ti­mil­lion-dol­lar sites or ex­pan­sion projects across the coun­try this year, and the news from Ab­bott shows that the speed of man­u­fac­tur­ing de­vel­op­ment isn’t slow­ing down.

The Fac­tors Dri­ving a Rapid Evo­lu­tion of Gene & Cell Ther­a­py and CAR-T Clin­i­cal Re­search in APAC

APAC is the fastest growing region globally for cell & gene therapy trials representing more than a third of all cell & gene studies globally, with China leading in the region. 

APAC is the leading location globally for CAR-T trials with China attracting ~60% of all CAR-T trials globally between 2015-2022. The number of CAR-T trials initiated by Western companies has rapidly increased in recent years (current CAGR of about 60%), with multiple targets being explored including CD19, CD20, CD22, BCMA, CD30, CD123, CD33, CD38, and CD138.

The End­points 11; blue­bird's $3M gene ther­a­py; Bio­gen tout new neu­ro da­ta; Harsh re­views for can­cer drugs; and more

Welcome back to Endpoints Weekly, your review of the week’s top biopharma headlines. Want this in your inbox every Saturday morning? Current Endpoints readers can visit their reader profile to add Endpoints Weekly. New to Endpoints? Sign up here.

Reading about John Carroll’s pick of biotech’s most promising startups has become a treasured tradition. If you ever get curious about previous classes of the Endpoints 11, you can find all of them (plus a number of our other regular specials) here.

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EMA warns of short­ages of two Boehringer heart drugs due to a spike in de­mand

The EMA is putting EU member states on alert over the shortage of two drugs that counter heart attacks due to an uptick in demand.

On Friday, the EMA sent out a warning that two Boehringer Ingelheim drugs are experiencing a shortage: Actilyse and Metalyse. The drugs are used as emergency treatments for adults experiencing acute myocardial infarction, or a heart attack, by dissolving blood clots that have formed in the blood vessels.

The End­points 11: The top pri­vate biotechs in pur­suit of new drugs. Push­ing the en­ve­lope with pow­er­ful new tech­nolo­gies

Right around the beginning of the year, we got a close-up look at what happens after a boom ripples through biotech. The crash of life sciences stocks in Q1 was heard around the world.

In the months since, we’ve seen the natural Darwinian down cycle take effect. Reverse mergers made a comeback, with more burned out shells to go public at a time IPOs and road shows are out of favor. And no doubt some of the more recent arrivals on the investing side of the business are finding greener pastures.

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Rahul Singhvi, Resilience CEO

Q&A: Re­silience boss Rahul Singhvi talks $2B US bio­man­u­fac­tur­ing ini­tia­tive and post Se­ries D deals

When the Biden administration announced last week, through an executive order, that it is investing $2 billion into domestic efforts to increase biotechnology and biomanufacturing efforts, a lot of ears perked up in the wider manufacturing world. Funding is going towards manufacturing infrastructure, training, R&D and security measures, among others, something that domestic manufacturers are bullish about.

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Fu­ji­film con­tin­ues CD­MO ex­pan­sion, break­ing ground on $435M UK site

Fujifilm’s CDMO arm, Fujifilm Diosynth, has been on a roll this month as the company has recently broken ground on a major project in Europe and it appears to be keeping up the momentum.

Fujifilm Diosynth announced that it has kicked off an expansion project for its microbial manufacturing facility at its campus in the town of Billingham, UK, in the northeast of England.

The 20,000 square-foot, £400 million ($435 million) expansion will add clean rooms, purification suites and a packing area along with more space for the manufacturing itself.

An­oth­er Cipla site lands a Form 483 over clean­ing is­sues and QC con­trols

A Cipla drug manufacturing site in India has once again landed in the crosshairs of FDA inspectors.

The facility in question is Cipla’s drug manufacturing facility in the village of Verna, in the state of Goa in India’s southwest. In a sign that foreign inspections might ramp up again, the FDA’s visit from Aug. 16 to Aug. 22 uncovered six observations.

The 11-page report noted that environmental monitoring at the site did not properly ensure that microbial contaminants were not making any impact in the aseptic filling areas. It also found that procedures meant to stop microbial contamination were not adequately conducted in aseptic areas of the facility.

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Solicitor General Elizabeth Prelogar

Should SCO­TUS hear Am­gen's Repatha case? So­lic­i­tor gen­er­al says no

Back in April, Amgen said it was encouraged by the solicitor general’s anticipated review of its Supreme Court petition to rehear a Repatha patent case. They’re likely much less optimistic about the outcome now.

Solicitor General Elizabeth Prelogar wrote in a recent 27-page brief that Amgen’s arguments “lack merit and further review is not warranted.”

The case traces back to a suit filed in 2014 against Sanofi and Regeneron’s Praluent, which ended up beating Amgen’s PCSK9 blockbuster Repatha to market by a month just a year later.

Phil Sharp, Nobel Prize laureate (L), and John Carroll, Endpoints News co-CEO (via Michael Last)

The End­points 11: Fire­side chat with No­bel Prize lau­re­ate Phil Sharp

On Thursday evening in Boston I had the great good fortune to talk about the creation of the biotech industry with Nobel Prize-winning scientist Phil Sharp. I learned quite a bit about the early days of Genentech, Biogen and Alnylam, which all helped birth this unusual drug development ecosystem. And that’s why we can do things like the Endpoints 11. Here’s my talk with Phil Sharp, which you can either watch or read below.

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