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Cambrex Invests $5 Million in New Laboratory Expansion at its Karlskoga, Sweden Facility

EAST RUTHERFORD, N.J., May 31, 2018 (GLOBE NEWSWIRE) -- Cambrex Corporation (NYSE:CBM), the leading manufacturer of small molecule innovator and generic Active Pharmaceutical Ingredients (APIs), today announced that it is to commence a $5 million expansion of laboratory facilities at its Karlskoga, Sweden site, to augment capability and capacity for process development and scale up, handling of potent substances, crystallization studies and solid phase characterization. Construction work on the three story, 600 m2 building will commence at the end of Q2 2018, with completion due in Q2 2019.

The expansion will create space for a new technical laboratory with walk-in hoods for large scale laboratory syntheses up to 10 liters, where engineers and chemists will undertake tech transfer studies. The new investment will also enable handling of potent substances at a large laboratory scale, high pressure reactions and parallel synthesis for API route scouting and development.

In addition to the technical laboratory, the expansion will feature two analytical development and quality control laboratories and additional office space for 12 additional scientists and chemists, taking the total headcount to 60.

“We have a rich history in chemistry at our Karlskoga site, dating back 120 years to Alfred Nobel himself in 1896,” commented Bjarne Sandberg, Managing Director, Cambrex Karlskoga. He added, “The new laboratory expansion will enhance our ability to provide global customers with scientific and chemical excellence.”

In 2017 Cambrex announced that it had upgraded its continuous flow capabilities in Karlskoga with a dedicated commercial-scale unit, capable of producing multiple metric tons of high purity API intermediates per annum. To complement these capabilities, the company also completed the installation of multiple continuous flow reactor platforms at its process development facility in High Point, North Carolina. This investment is focused on the rapid and successful development of processes to supply clinical as well as commercial demand for chemical syntheses.

About Cambrex

Cambrex Corporation is an innovative life sciences company that provides products, services and technologies to accelerate the development and commercialization of small molecule therapeutics. The Company offers Active Pharmaceutical Ingredients (APIs), advanced intermediates and enhanced drug delivery products for branded and generic pharmaceuticals. Development and manufacturing capabilities include enzymatic biotransformations, high potency APIs, high energy chemical synthesis, controlled substances and continuous processing. For more information, please visit www.cambrex.com.

Contact:         
Alex Maw                                                                               
Director, Marketing and Communications                                                                
Tel: +44 7803 443 155                                                           
Email: alex.maw@cambrex.com

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Source: Cambrex Corporation