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Civica Inc. To Invest $124M To Build New Manufacturing Facility In Virginia
Pharmaceutical manufacturer Civica Inc. will invest $124.5M to establish its first in-house pharmaceutical manufacturing operation in Petersburg, Virginia. The company plans to create 186 new jobs.
Civica is a nonprofit generic drug company launched in 2018 to address the problem of chronic generic drug shortages and high drug prices, and a key partner for the new U.S. government-funded partnership with Phlow Corporation, Medicines for All Institute, and AMPAC Fine Chemicals.
Through this partnership, Phlow executed a $354M contract with the U.S. Biomedical Advanced Research and Development Authority (BARDA) to produce essential medications using advanced manufacturing processes from the Medicines for All Institute based at the College of Engineering at Virginia Commonwealth University (VCU).
PharmaceuticalmManufacturer Civica Inc to Create 186 New Jobs in City of Petersburg emporiaindependentmessenger.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from emporiaindependentmessenger.com Daily Mail and Mail on Sunday newspapers.