Charlottetown, Prince Edward Island (September 21, 2017) – BioVectra Inc. is proud to announce the opening of a new flagship warehouse and process development suites in Charlottetown, Prince Edward Island.
A vibrant and successful BioScience cluster holds one of the keys to continued growth and prosperity for Canada,” BioVectra’s President Oliver Technow said. “BioVectra is well positioned as a leader in the highly competitive market we participate in, capitalizing on our unique capabilities, 300 tremendously skilled employees and unwavering commitment to quality.”
“The recent and future investments demonstrate our ability to remain competitive and to be at the global forefront of innovation and success, right here in Atlantic Canada,” Technow continued. “Our new, state-of-the-art warehouse meets our business needs of today and the future, exemplifying our dedication to grow further.”
“BioVectra is an excellent example of a company that is constantly adapting to the ever changing technological and scientific landscape in the bioscience industry,” Economic Development and Tourism Minister Heath MacDonald said. “It is a leader in an industry that is growing rapidly, adding new, highly skilled jobs, and gaining an international reputation for our province.”
BioVectra’s grand opening coincides with Global Biotech Week, a Canadian initiative that originated in 2003 to raise awareness of the industry and its global potential.
“Global Biotech Week provides an important opportunity to recognize and celebrate biotechnology innovation and the role it plays in addressing environmental and health challenges,” President and CEO of BIOTECanada Andrew Casey said. “Canada is one of a number of nations that are home to thriving and diverse biotechnology ecosystems which are developing game changing and life altering innovations.”
BIOTECanada is the national industry association with over 200 members located nationwide, reflecting the biotechnology sector.
“BioVectra’s 45 year history, recent growth in Windsor, Nova Scotia and today’s addition of new warehouse and process development suites in Charlottetown, Prince Edward Island is a great example of a made in Canada globally competitive company,” Casey added. “The Canadian biotech ecosystem is supported by strong clusters in every province across the country offering Canadians competitive highly skilled 21st century jobs. All combined, the ecosystem is a strategic economic asset for Canada within the emerging global bio-economy.”
The new 21,000 square foot warehouse enhances BioVectra’s ability to grow with the global demand for its products and services. Equipped with 400 pallet positions, the new warehouse also provides the opportunity to grow with built-in expansions.
“As our business continues to grow, so does the need for storage of our raw materials, consumables and finished products,” BioVectra’s Planning and Operations Manager Tim Murphy said.
With a total investment of $4M, the new warehouse is equipped with a devoted loading dock, dedicated sampling rooms, robust security system and tight temperature controls to keep products at their required temperatures.
About BioVectra: BioVectra is a CDMO that serves pharmaceutical and biotech companies with full-service cGMP outsourcing solutions for intermediates and active pharmaceutical ingredients. An innovative and reliable partner with a strong quality history, BioVectra has over 45 years of experience specializing in:
- Microbial Fermentation
- Complex Chemistry
- High Potency APIs
- Process & Analytical Development
- Drug Development
You can do clinical trials from anywhere in the world. So, if we’re not attracting investment and talent, the industry can pack up and move to where the investment and talent is. And, that’s our big challenge,” he said.
“Clearly, P.E.I. punches well above its weight that way. It’s attracting the talent and the investment.”