Acquisition
In January 2009, JNIMC acquires Biocor vaccine manufacture facilities, a subsidiary of Pfizer Inc in Omaha. The state-of-the-art facilities consist of three buildings approximately 80,000 sq. ft., and were designed for manufacture of vaccines in compliance with European Community, U.S. Food and Drug Administration and U.S. Department of Agriculture standards. JN-International shall keep the Starwood containment facility for research and development of vaccines for clinical studies and moves its vaccine operations to the newly acquired Maple street facilities in February 2009. The added capacity of the plant will allow increased production of the firm's meningitis vaccine. The investment in the new facility plant is the largest capital investment in Omaha to date for the company, and will result in production, formulation, filling and packaging capacity facilities, which are intended to help significantly reduce time to market for the firm's Meningococcal meningitis serotypes A, C, Y & W-135 vaccine production capacity to meet the demand of sub-Saharan Africa.
Read more about this topic: JN-International Medical Corporation
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