Hovione reported today recent capacity expansion and future plans in its sites in Portugal, Ireland and New Jersey.
Portuguese fine chemicals firm targets big pharma with a plant acquired from Pfizer
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.