Boehringer Ingelheim invests over $350 million in 2011 US expansion projects
Privately-held German drug major Boehringer Ingelheim says that it has made more than $350 million worth of capital investments throughout its US operations this year, in order to further bolster its drug discovery, development and manufacturing capabilities. Family-owned Boehringer Ingelheim says it continues to grow by improving its state-of-the-art facilities and enhancing its research, development and manufacturing capabilities.
The latest investment is a 72,000 square-foot R&D facility at the company's US headquarters in Ridgefield, Connecticut. When complete the $65 million facility will handle production of active pharmaceutical ingredients used in early development activities. Products developed here, if approved, move on to Boehringer Ingelheim's full-scale R&D facilities in Ohio and Virginia, as well as Germany and Italy.
Other US investment in 2011
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