HARRISBURG, Pa., Feb. 15, 2011 /PRNewswire-USNewswire/ —
Governor Tom Corbett today announced that the global pharmaceutical
company Daiichi Sankyo Inc. will create more than 80 jobs in the
Lehigh Valley with the establishment of its first U.S.
manufacturing and packaging operation.
Daiichi Sankyo Inc. will buy and renovate the
140,000-square-foot former Amcor packaging facility and have it
fully operational this fall. Once the facility is fully
operational, it is expected to package the company’s entire line of
marketed products in the U.S.
“Creating and protecting family sustaining jobs in Pennsylvania
is one of this administration’s priorities, so I’m pleased to
announce Daiichi Sankyo’s decision to select Bethlehem for its
first U.S. packaging and manufacturing plant,” said Governor
Corbett. “By creating more than 80 jobs, continuing the productive
use of a facility that had been closed and injecting more than $15
million in private investment into the local economy, this project
will positively impact the Lehigh Valley.”
The total cost of the project – which includes the
facility’s purchase and renovation, new equipment acquisition, and
employee training – is $19.6 million. The project will create
at least 82 jobs in Bethlehem within three years.
DSI – formed in 2006 and headquartered in Parsippany, N.J.
– is the U.S. subsidiary of global pharmaceutical company
Daiichi Sankyo Co. Ltd. DSI, which has nearly 3,000 U.S.
employees, is focused on the development of cardiovascular and
oncology therapies and concentrates in the therapy areas of
hypertension, thrombosis, dyslipidemia, diabetes and acute coronary
syndrome.
“This move diversifies our capabilities and allows us to
streamline our operations and minimize commercialization risk by
exerting greater control over the life cycle of our products, from
research and development through packaging and distribution,” said
Jeff Lane, vice president o
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