New Investment Supports Collaboration with
Customers to Create Customized Workflow Solutions
RADNOR,
Pa., July 17, 2023 /PRNewswire/ -- Avantor,
Inc. (NYSE: AVTR), a leading global provider of mission-critical
products and services to customers in the life sciences, education
and government, advanced technologies and applied materials
industries, today announced plans to relocate and significantly
expand the company's Bridgewater,
N.J. Innovation Center. The Bridgewater Innovation Center
opened in 2017 and serves as a technology-driven research and
collaboration environment where Avantor works with customers to
develop and enhance their offerings. The new location will feature
double the current size of the available lab and pilot space.
The expanded Innovation Center will open in August 2024 at a nearby location in Bridgewater, N.J. The new site will support
customers' pipelines across all modalities, including monoclonals,
cell and gene therapy and mRNA, and will feature a development and
application area, including a viral vector laboratory.
"We are committed to supporting our customers' requirements and
growth, and this expansion allows us to take an even more
collaborative approach to deliver customized solutions that move
science forward," said Nandkumar Deorkar, SVP of Research &
Development and Innovation, Avantor. "By adding capacity, talent,
and capability to our Innovation Center, Avantor is in a stronger
position to support the growing demands for gene therapy and mRNA
workflows, facilitate pipeline project execution and enable quicker
production scale-up. These enhancements will pave the way for the
innovations of tomorrow."
Labs in the new Bridgewater Innovation Center will include
upstream and downstream process development, chemistry and material
science, analytical and bioanalytical, viral vector workflows and
electronic materials. Larger and more flexible pilot labs with
additional capacity and capability to produce novel excipients,
resins and biopharma reagents will enable quicker production
scale-up for customers. Additional pilot areas for upstream and
downstream production will highlight Avantor's chemical
manufacturing and single-use expertise.
Additionally, Avantor's expanded Innovation Center will feature
digital service offerings, such as Avantor's Inventory Manager, a
proprietary, vendor-agnostic cloud-based software designed to serve
as the central transactional and intelligence hub for lab inventory
management.
About Avantor
Avantor®, a Fortune 500
company, is a leading global provider of mission-critical products
and services to customers in the biopharma, healthcare, education
& government, and advanced technologies & applied materials
industries. Our portfolio is used in virtually every stage of the
most important research, development and production activities in
the industries we serve. Our global footprint enables us to serve
more than 300,000 customer locations and gives us extensive access
to research laboratories and scientists in more than 180 countries.
We set science in motion to create a better world. For more
information, visit avantorsciences.com and find us on LinkedIn,
Twitter and Facebook.
Global Media Contact
Emily
Collins
Vice President, External Communications
Avantor
332-239-3910
Emily.Collins@avantorsciences.com
Investor Relations Contact
Christina Jones
Vice President, Investor Relations
Avantor
805-617-5297
Christina.Jones@avantorsciences.com
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SOURCE Avantor and Financial News