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CDMO WuXi STA Expands Footprint in Europe

Purchases BMS manufacturing facility in Couvet, Switzerland.

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By: Tim Wright

Editor-in-Chief, Contract Pharma

WuXi STA has entered an agreement to purchase Bristol Myers Squibb’s manufacturing facility in Couvet, Switzerland. The Couvet site will be the first facility in Europe for WuXi STA, a CDMO. The acquisition will enhance WuXi STA’s existing capabilities while growing capacity to support clients.   The transaction is expected to close by 2Q21, subject to customary closing conditions. WuXi STA will gain Couvet site’s operations and assets, which include the plant and equipment, as well as a workf...

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