Rensselaer, NY (PRWEB) March 13, 2013
The Shingo Prize for Operational Excellence, part of the Jon M. Huntsman School of Business at Utah State University, has selected the Industrial Operations and Product Supply (IOPS) group of Regeneron Pharmaceuticals, Inc. as a recipient of the Shingo Bronze Medallion.
“Receipt of the Shingo Bronze Medallion signifies an organization’s strong use of tools and techniques for business improvement,” said Robert Miller, executive director of The Shingo Prize. “Those organizations that receive the Bronze Medallion are working to develop effective systems to create continuity and consistency throughout the business entity and are on their way to true operational excellence.”
Regeneron purchased the Rensselaer site in 1994 for the purpose of large-scale manufacturing of protein-based pharmaceuticals (biologics). In 2007, Regeneron entered into a collaborative effort with the global healthcare company, Sanofi, to discover and develop antibodies using the Regeneron VelocImmune™ technology and to advance several of these drug candidates into clinical development each year. The IOPS plant at Rensselaer was tasked with increasing its manufacturing output from one or two products to 15-30 bulk products and over 100 final product forms in less than five years. In order to successfully meet the requirements, the Rensselaer site had to respond with significant operations modifications and improvements. It now has the ability to produce as many as five different drug candidates simultaneously or more than 20 in a single year, placin
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