Skip to main content
You are the owner of this article.
You have permission to edit this article.
Edit
MilliporeSigma expanding pharmaceutical production facility in Verona
alert

MilliporeSigma expanding pharmaceutical production facility in Verona

  • 0

Life sciences company MilliporeSigma plans to create 50 new jobs starting this year as it builds a $65 million expansion to its Verona facility.

For the better part of two centuries, our journalists have worked tirelessly to bring our readers the most important news of the day. We’re here to serve the community. We’re here to serve you.

The 70,000-square-foot facility will expand production of active pharmaceutical ingredients at the Verona location of the international company.

MilliporeSigma will receive up to $200,000 in state income tax credits, so long as it meets job creation minimums, as part of a deal with the Wisconsin Economic Development Corporation.

COVID-19 continues to transform Madison-area biotech companies

“Wisconsin is proud to have innovative and forward-thinking companies like MilliporeSigma develop here,” said Missy Hughes, secretary and CEO of WEDC. “Companies have a choice when deciding to expand, and MilliporeSigma’s decision to invest in Verona is a testament to Wisconsin’s strong business climate and dedicated workforce.”

WEDC estimated the project could indirectly lead to the creation of 43 additional jobs in the area.

MilliporeSigma produces active ingredients and other pharmaceutical materials on a contract basis for drug development companies from the research stage through to commercial sales.

COVID-19 vaccine requirements not likely as Madison area businesses balance public health, liability

The expansion will allow large-scale manufacturing of compounds that have the potential to be used in cancer treatments, according to the company.

“This investment underscores our commitment to working with innovators to bring new treatments to patients quickly and more efficiently,” head of process solutions Andrew Bulpin said in a statement.


The business news you need

* I understand and agree that registration on or use of this site constitutes agreement to its user agreement and privacy policy.

Get up-to-the-minute news sent straight to your device.

Topics

News Alerts

Badger Sports

Breaking News

Crime

Politics