Avantor® Announces Investment in Hydration Capabilities to Address Growing Demand for Biologics

Rhea-AI Summary

Avantor, Inc. (NYSE: AVTR) announced a multi-year investment to enhance its global hydration capabilities, completing a significant facility expansion in Gliwice, Poland, and initiating further expansion in Aurora, Ohio, projected to finish by mid-2022. This investment aims to support the biopharmaceutical industry's increasing demand for biologics by outsourcing buffer preparation, which can streamline workflows and accelerate therapy production. The expanded facilities will improve Avantor's ability to offer WFI-quality water buffer manufacturing, enhancing support for biopharma manufacturers globally.

Positive

• Completion of major expansion in Gliwice, Poland.
• Initiation of facility expansion in Aurora, Ohio, to be completed by mid-2022.
• Increased capacity for WFI-quality water buffer manufacturing.
• Enhanced capabilities for formulating and filling hydration solutions.

Negative

• None.

RADNOR, Pa., Aug. 31, 2021 /PRNewswire/ -- Avantor, Inc. (NYSE: AVTR), a leading global provider of mission-critical products and services to customers in the life sciences, advanced technologies and applied materials industries, announced today a multi-year investment in its global hydration capabilities. The Company has recently completed a major expansion of its facility in Gliwice, Poland, and has begun a multi-stage expansion of its facility in Aurora, Ohio, USA, that will be completed by mid-2022.

With the global demand for biologics increasing, the biopharmaceutical industry is seeking to reduce the cost and time to manufacture therapies, including monoclonal antibodies (mAbs) and vaccines at scale. Outsourcing the preparation of certain materials, such as buffers, used to produce biologics can help biopharma manufacturers drive greater workflow efficiencies, eliminate unnecessary steps, and increase speed to market of new and existing therapies.

Avantor's expansion of its hydration solution will benefit the industry through this outsourcing model. Adding to the Company's existing WFI-quality water buffer manufacturing capabilities in place, the facility investments in Gliwice and Aurora will dramatically increase Avantor's capacity to support biopharma manufacturers around the world. Furthermore, the Gliwice site was designed with built-in flexibility to expand capacity as the business grows in years to come.

Ger Brophy, Executive Vice President of Biopharma Production at Avantor, said, "Buffer management is a key area where biopharma manufacturers can save time while reducing risk and costs. This recent investment in our global hydration offering allows us to strengthen our cGMP chemical manufacturing in Europe and the United States, and by partnering with Avantor, customers can outsource their buffer management and realize greater efficiencies, allowing them to focus more time on science and other process improvements to get therapies to patients more quickly and more safely."

Projects in Gliwice and Aurora include the installation of equipment that provides enhanced capabilities and capacity to formulate and fill WFI-based hydration solutions. These buffer solutions are used throughout the manufacturing process as well as in final drug formulations and must adhere to strict quality and regulatory standards that Avantor's products and solutions meet and exceed.

The Gliwice, Poland facility serves as Avantor's European manufacturing flagship, supporting customers across Europe and Asia. Upon completion, Aurora will offer expanded support to North America.

About Avantor
Avantor^®, a Fortune 500 company, is a leading global provider of mission-critical products and services to customers in the biopharma, healthcare, education & government, and advanced technologies & applied materials industries. Our portfolio is used in virtually every stage of the most important research, development and production activities in the industries we serve. Our global footprint enables us to serve more than 225,000 customer locations and gives us extensive access to research laboratories and scientists in more than 180 countries. We set science in motion to create a better world. For information, visit avantorsciences.com and find us on LinkedIn, Twitter and Facebook.

Media Contact
Hannah Mooney Mack
Director, Biopharma Communications
Avantor
M: 239-216-0209
Hannah.Mooney@avantorsciences.com

View original content:https://www.prnewswire.com/news-releases/avantor-announces-investment-in-hydration-capabilities-to-address-growing-demand-for-biologics-301364541.html

SOURCE Avantor and Financial News

FAQ

What recent investment has Avantor (AVTR) made?

Avantor has made a multi-year investment to enhance its global hydration capabilities, including expansions in Gliwice, Poland, and Aurora, Ohio.

How will Avantor's expansion impact the biopharma industry?

The expansion will support biopharmaceutical manufacturers by allowing them to outsource buffer preparation, thereby increasing efficiency and speeding up therapy production.

When will the expansion in Aurora, Ohio be completed?

The expansion in Aurora, Ohio is expected to be completed by mid-2022.

What types of products will be enhanced by Avantor's investment?

Avantor's investment will enhance its hydration solution offerings, specifically WFI-quality water buffer manufacturing capabilities.