Thermo Fisher Scientific has announced plans to invest $35m in a new pharma services supply chain facility in Germany.
The plans are aimed at expanding the company’s presence in the European Union in response to a growing demand for global clinical supply services.
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By GlobalDataThermo Fisher will use the latest technology and infrastructure to increase its European capacity for cold and ambient clinical trial materials. The new facility is slated to create more than 200 new jobs.
The facility will be scalable for mixed-use space and will offer a strategic logistical location for shipping either by road or air.
Construction of the 8,000m² facility is expected to start in the fourth quarter of this year, with building predicted to take 12 to 18 months.
The investment will also include the option for additional expansion with the potential for doubling in size.
Fisher Clinical Services Europe vice-president and general manager Astrid Frank said: “This is an exciting time for our business, and it reinforces our commitment to best serve our clients globally.
“By creating a best-in-class supply chain facility in the EU, we open new opportunities to support client and patient need.”
The new facility will comply with GDP guidelines, Clinical Trial Regulations Annex 6 and the new Falsified Medicines Directive 2019.
It will join Thermo Fisher’s 20 purpose-built cGMP facilities worldwide.