Navigation Links
Grifols Breaks Ground on New IVIG Facility
Date:10/6/2008

The new facility, based in Los Angeles, California is anticipated to be operational in 2013 and will expand the Company's ability to supply its new generation of intravenous immune globulin into the foreseeable future.

LOS ANGELES, Oct. 6 /PRNewswire/ -- Today, Grifols SA (Grifols), a global healthcare company based in Barcelona, Spain, broke ground on a new 92,000 square foot, intravenous immune globulin (IVIG) production facility at its manufacturing complex in Los Angeles, California. This new facility is the initial realization of the $600 million long-range investment plan announced in October 2007 to increase production for Grifols lifesaving coagulation therapies, immune globulins and albumin. Based on construction schedules and rigorous regulatory licensing requirements, it is expected that the facility will become operational for production of the Company's new generation IVIG product in early 2013.

The new facility represents an expansion of Grifols' existing manufacturing capabilities in Los Angeles. "We are committed to continuing to grow our state of the art facilities in Los Angeles and giving back to the community through the creation of new employment opportunities and economic growth," said Gregory Rich, President of Grifols, Inc. the US subsidiary of Grifols, SA. The new facility will provide approximately 300 new jobs to the Los Angeles community and represents an investment of greater than $50 million.

"We commend Grifols' increased commitment to the production of immune globulin therapy. Assuring continued access to this lifesaving medicine means countless people who live with primary immunodeficienies, such as my son, can lead healthy and productive lives," said Marcia Boyle, President and Founder of the Immune Deficiency Foundation, the national patient organization for persons with primary immune diseases. Demand for IVIG has seen steady growth over the past ten years in the US, Europe and other international markets.

Grifols' new production facility will almost double the company's IVIG production capacity and will utilize the same proprietary technologies and process flow designs employed at the company's existing IVIG production facility in Barcelona, Spain that have been pioneered by Grifols Engineering S.A., a wholly owned subsidiary of Grifols S.A. In effect, the new facility will be a twin of the Company's IVIG facility in Barcelona, Spain that was licensed by the US Food and Drug Administration (FDA) last year.

Building this additional production capacity represents one more step in Grifols' multi-year global growth plan to meet increasing patient need for lifesaving plasma therapies. Other elements of the long-range investment plan include expanding plasma collection capacity and additional production and testing facilities. Earlier this year the Company obtained FDA approval of its state of the art bulk processing and aseptic filling facility at its Los Angeles manufacturing complex.

About Grifols

Grifols SA (Grifols) is a global healthcare company founded in 1940 in Barcelona, Spain. Today Grifols products and services are provided in more than 90 countries around the world. Grifols specializes in the production of plasma therapies to treat a variety of life-threatening diseases and conditions. Grifols operates 80 plasma donor centers throughout the US and has manufacturing facilities located in Barcelona, Spain and Los Angeles, California. For more information about Grifols please visit http://www.grifols.com.


'/>"/>
SOURCE Grifols SA
Copyright©2008 PR Newswire.
All rights reserved

Related biology technology :

1. Pennsylvania Governor Rendell Breaks Ground for Global Pharmaceutical Services Companys North American Headquarters
2. Kansas Breaks Into Top 10 in the Nation in Biotech Strength
3. NASA technology helps predict and prevent future pandemic outbreaks
4. Novel Technology Breaks Through Cancer Pain
5. In novel playground, metals are formed into porous nanostructures
6. BioHorizons Global Symposium 2008 Combines Record Attendance with Groundbreaking Technology
7. Environmental Power Holds Ground Breaking Ceremony for Renewable Natural Gas Facility at Rio Leche Estates
8. Liberty Screening Services Hires Top Executive to Meet Explosive Demand for its Background-Screening Services
9. A New Era in Cell Biology: German Company Develops Groundbreaking Alternative to Stem Cell Therapy
10. Center for Molecular Medicine Among First Labs in Nation to Offer Groundbreaking Test to Aid in Treatment of Colorectal Cancer
11. Easily Lift, Transfer and Reposition Patients with Ground-Breaking Liftaem(TM) System from Smart Medical Technology, Inc.
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/5/2016)... 2016 Amarantus BioScience Holdings, Inc. ... on developing products for Regenerative Medicine, Neurology and Orphan ... Designation (RPDD) from the US Food and Drug Administration ... was previously granted orphan drug designation (ODD) by the ... BioScience Holdings, Inc. (OTCQB: AMBS), a ...
(Date:2/4/2016)... , Feb. 4, 2016  Sangamo BioSciences, Inc. (NASDAQ: ... announced today that Edward Lanphier , Sangamo,s president ... the progress of Sangamo,s ZFP Therapeutic ® development ... at 2:40 pm ET on Thursday, February 11, 2016, ... Healthcare Conference. The conference is being held in ...
(Date:2/4/2016)... , Feb. 4, 2016  CytoSorbents Corporation (NASDAQ: ... commercializing its flagship CytoSorb® blood filter to treat ... around the world, announced that CEO Dr. ... the Source Capital Group,s 2016 Disruptive Growth & ... the company.  Conference Presentation Details: ...
(Date:2/4/2016)... BETHESDA, Md. , Feb. 4, 2016  Spherix ... committed to the fostering and monetization of intellectual property, ... VTech and Uniden in the Northern District of ... are moving forward.  Inter Partes ... the U.S. Patent Office.  The IPR was initiated on ...
Breaking Biology Technology:
(Date:1/25/2016)... , Jan. 25, 2016   Unisys Corporation (NYSE: ... John F. Kennedy (JFK) International Airport, New York City ... (CBP) identify imposters attempting to enter the United States ... to them. pilot testing of the system at ... three terminals at JFK during January 2016. --> pilot ...
(Date:1/22/2016)... Jan. 22, 2016 ... of the "Global Biometrics Market in ... offering. --> http://www.researchandmarkets.com/research/p74whf/global_biometrics ) ... "Global Biometrics Market in Retail Sector 2016-2020" ... --> Research and Markets ( http://www.researchandmarkets.com/research/p74whf/global_biometrics ...
(Date:1/20/2016)... , Jan. 20, 2016   MedNet Solutions , ... entire spectrum of clinical research, is pleased to announce ... significant achievements are the result of the company,s laser ... iMedNet eClinical , it,s comprehensive, easy-to-use and highly ... --> Key MedNet growth achievements in 2015 ...
Breaking Biology News(10 mins):