Knowledge Center

Article / 2009

At 50, Hovione Takes A Big Step

Portuguese fine chemicals firm targets big pharma with a plant acquired from Pfizer

Source:
C&EN, 8 June, 2009
April 8 was a big day for Hovione, the Portuguese pharmaceutical chemical manufacturer. The family-owned firm, based in the Lisbon suburb of Loures, marked its 50th anniversary and closed on the purchase of a Pfizer chemical plant in Cork, Ireland. Until recently, this plant manufactured the active ingredient in Lipitor, the top-selling drug in the world.