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Pharma JV Spending $500M on Austin Plant Expansion

The planned expansion of a Northwest Austin pharmaceutical manufacturing plant by a multi-national joint venture will nearly double the complex’s size and cost a whopping $500 million. The Austin Busi

Summary

The planned expansion of a Northwest Austin pharmaceutical manufacturing plant by a multi-national joint venture will nearly double the complex’s size and cost a whopping $500 million.

The Austin Business Journal reports the project is a joint venture between ICU Medical and Otsuka Pharmaceutical Factory America Inc.

They are IV solutions companies that develop, research...

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