Company/Division name | Paratek Pharmaceuticals |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2023 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 304 |
City reshored to: | Boston |
State(s) reshored to: | MA |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | NUZYRA antibiotic |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption risk/Natural disaster risk/Political instability |
What domestic positive factors made reshoring more attractive? | Government Incentives, Impact on domestic economy, BARDA |
Government Incentive dollar amount: | $304 million BARDA contract |