Published in Health Business Week, December 8th, 2006
Pfizer spent around $85.7 million in capital improvements over the past five years at the Augusta facility. In the last year alone, new equipment and capital improvement costs for the plant were around $25-50 million.
The facility has complete Active Product Ingredient (API) production equipment, with a reactor capacity of 29,000 gallons. Much of the equipment in the plant is brand new and was never turned on or certified.
The new real estate owners, Coastal...
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