Boehringer Ingelheim Invests in Europe: Pharma Company Expands Biopharmaceutical Production at Vienna Site
OREANDA-NEWS. December 24, 2015. “Our own promising biopharmaceutical development projects and the heavy market demand for contract manufacturing were the basis for our decision to invest long-term in our biopharmaceuticals activities to this extent,” explained Dr Wolfgang Baiker, member of the Board of Managing Directors responsible for biopharmaceuticals and operations. The investment will strengthen Boehringer Ingelheim’s international biopharmaceutical network and enhance its leading position in the market. The new production plant will go into operation by 2021.
Boehringer Ingelheim is one of the world’s largest manufacturers of biopharmaceutical medicines. With over 35 years of experience, the company is an industry pioneer and has manufactured more than 25 biopharmaceutical products for patients worldwide.
Boehringer Ingelheim
The Boehringer Ingelheim group is one of the world’s 20 leading pharmaceutical companies. Headquartered in Ingelheim, Germany, Boehringer Ingelheim operates globally with 146 affiliates and a total of more than 47,700 employees. The focus of the family-owned company, founded in 1885, is researching, developing, manufacturing and marketing new medications of high therapeutic value for human and veterinary medicine.
Social responsibility is an important element of the corporate culture at Boehringer Ingelheim. This includes worldwide involvement in social projects, such as the initiative “Making more Health” and caring for the employees. Respect, equal opportunities and reconciling career and family form the foundation of the mutual cooperation. In everything it does, the company focuses on environmental protection and sustainability.
In 2014, Boehringer Ingelheim achieved net sales of about 13.3 billion euros. R&D expenditure corresponds to 19.9 per cent of its net sales.
For more information please visit www.boehringer-ingelheim.com
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