Rentschler doubles manufacturing capacity to address growing demand for biopharmaceuticals
Second significant expansion in one year
Dr. Frank Mathias, Chief Executive Officer of Rentschler Biotechnologie GmbH, commented, "The growing demand for biopharmaceuticals and the rising number of drug candidates in clinical development was recognized by Rentschler early on. For this reason, the company has been strategically expanding its manufacturing capacity, most recently in 2015. Today, only one year later, we have completed another major step in this expansion, achieving an important milestone in the longstanding track record of Rentschler. An increase in sales of over 30% in the past two years has enabled us to make this significant investment. We have already received manufacturing orders for the new facility, extending into 2018. Increasingly, our growth is being driven by international business, with more and more orders coming from abroad, particularly the United States."
With the continued growth of the biopharmaceutical industry and the company’s own growth and success, Rentschler is planning to significantly increase the size of its workforce by creating approximately 200 new jobs. The company is looking to hire a variety of skilled employees, including process engineers and laboratory technicians in bioprocess development and manufacturing as well as GMP (Good Manufacturing Practices) experts, as it continues to expand its business.
Most read news
Organizations
Other news from the department business & finance
Get the life science industry in your inbox
From now on, don't miss a thing: Our newsletter for biotechnology, pharma and life sciences brings you up to date every Tuesday and Thursday. The latest industry news, product highlights and innovations - compact and easy to understand in your inbox. Researched by us so you don't have to.