Olon - further milestone in its plan to expand and increase production capacity
Olon, global leader in the development and production of active pharmaceutical ingredients (APIs) for CDMO and generic markets, integrating chemical synthesis and biological processes, is pleased to announce a further milestone in its plan to expand and increase production capacity, particularly at its Mulazzano (Lodi, Italy) site.
The expansion strategy is supported by an annual investment plan that will reach 100 million euros in 2023, as recently announced by the CEO of the Italian group, Paolo Tubertini: “Olon was investing more than ever in these projects. We peaked with the level of investment in 2022, and in 2023 we expect to be above the peak of 2022”.
The investment means a significant increase in the production capacity of the finishing area of the Italian site in Mulazzano, thanks to the installation of a new, advanced mill for grinding finished APIs.
The new equipment, will also operate in full closed-loop containment, up to Level 4 OEB. The new technology, which is among the most advanced available on the market, improves efficiency at the grinding stage, increasing productivity and ensuring high API particle size standards. “We expect a significant increase in the potential capacity of the site,” comments Marcello Buson, Head of Global Operations