Paratek Pharmaceuticals Announces Completion of U.S. Onshoring Program, Making NUZYRA® (omadacycline) the Only Novel Antibiotic with Domestic Supply and Manufacturing Capabilities

URLhttps://www.kxan.com/business/press-releases/globe
Sourcekxan.com
Date Published11/14/2024

Additional Reshoring Information:

Company/Division name Paratek Pharmaceuticals
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2024
Domestically, the work will be done:In-house
Country(ies) from which reshored:China
City reshored to:Boston
State(s) reshored to:MA
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredNUZYRA antibiotic
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Government Incentives, Govt. Policy and subsidies, Proximity to customers/market
Government Incentive dollar amount:partnership with BARDA
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