Simtra BioPharma Solutions Expands Sterile Fill/Finish Manufacturing Site

URLhttps://www.pharmtech.com/view/simtra-biopharma-so
SourcePharm Tech
Date Published02/28/2024
Author NameSusan Haigney

Additional Reshoring Information:

Company/Division name Simtra BioPharma Solutions
Parent companyAdvent International and Warburg Pincus
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Reshoring
Year reshoring announced:2024
Year reshoring implemented or to be implemented:2025
Capital investment ($):250
City reshored to:Bloomington
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Chemicals, Medical Equipment & Supplies
Product(s) reshoredSterile Fill/Finish Manufacturing
What domestic positive factors made reshoring more attractive?Better Control of Process/Delivery/Factory, Customization/Flexibility, Higher productivity, Manufacturing/engineering joint innovation (R&D)
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