ALTANA Inc Inaugurates 100,000 sq. ft. of Manufacturing Space in Hicksville, New York
May 12 2005 - 12:00PM
PR Newswire (US)
ALTANA Inc Inaugurates 100,000 sq. ft. of Manufacturing Space in
Hicksville, New York - Leading Pharmaceutical Manufacturer Cites
Growth and Increased Demand for Topical Drugs Behind Expansion -
HICKSVILLE, N.Y., May 12 /PRNewswire/ -- ALTANA Inc, a division of
ALTANA Pharma AG, today formally inaugurated a 100,000-sq. ft.
state-of-the-art manufacturing plant in Hicksville, New York, on
Long Island. Elected officials, including New York State Senator
Carl L. Marcellino (R-Syosset), joined company executives,
employees and customers at a ribbon-cutting ceremony where the
plant was officially opened for business. The plant will primarily
be utilized by ALTANA's Fougera division for the production of a
wide range of topical multisource antibiotics, ophthalmics and
steroids covering a number of prescription applications. Certain
products under ALTANA's PharmaDerm division will also be produced
there. "Our core business is manufacturing topical drugs which save
American consumers millions of dollars each year and help reduce or
contain rising health care costs," said CEO Paul McGarty, who
oversees ALTANA Inc. "Our robust product pipeline, which continues
to give us a leadership position, necessitated the expansion of our
Hicksville operation." Incorporating a 43,000-sq. ft. addition, the
upgraded facility at 55 Cantiague Rock Road represents a near
doubling of the company's manufacturing capability in Hicksville,
where it employs 150 Long Islanders. An additional 350 people are
employed at ALTANA's Melville, New York, headquarters location. In
2004, over 1.3 million kilos of bulk product, equating to nearly 50
million units, were produced at the Hicksville plant. With the
upgrades, the facility now has an additional 30-40% production
capacity, which will support the company's sustained growth in the
future. The expanded facility, which is fully compliant with
FDA-enforced Good Manufacturing Practices (GMP), significantly
improves material flows to and from the production line and
provides enhanced operating efficiencies. The additional space also
enabled the installation of new automated equipment. ALTANA Inc was
commended by local officials for its commitment to maintaining and
growing its operations in New York State. "ALTANA's commitment to
expand its facility in Hicksville is welcome news for the community
and will provide a strong measure of stability in the future for
the local economy," Senator Carl L. Marcellino said. "Retaining and
creating new jobs is vital to our continued economic growth and
ALTANA Inc is playing a major role in fueling the economic
development of Hicksville and all of Long Island." "We have enjoyed
a long and proud record of success over 156 years of operation in
New York State. Long Island is our home, and we have prospered
thanks to the highly skilled and dedicated workforce we employ
here," said Helen Corso, Vice President of Manufacturing. "The
expansion is also consistent with our commitment to ongoing capital
expenditure on property, plants and equipment to meet increased
demand for topical pharmaceuticals." About Fougera Founded in 1849
Fougera, a division of ALTANA Inc, is a leading manufacturer of a
wide array of multi-source topical and ophthalmic pharmaceuticals
in prescription and over-the-counter forms. A top supplier to
hospitals and pharmacies, Fougera has received more FDA approvals
for topical products than any other company over the past six
years. For more information, or to see a preview of new products,
please visit: http://www.fougera.com/. About ALTANA Inc ALTANA Inc,
one of two U.S. subsidiaries of ALTANA Pharma AG, an international
pharmaceutical company headquartered in Germany, is the managing
group for four New York-based divisions including: Fougera and
PharmaDerm, which produce topical dermatologic ointments and
creams; Pharmaderm Animal Health, a manufacturer of topical
preparations for animal care and Savage Laboratories, marketers of
the antidotes CroFab(TM) and DigiFab(R) for hospital emergency
medicine departments. About ALTANA Pharma AG ALTANA Pharma AG is
the pharmaceutical division of ALTANA AG (NYSE:AAANYSE:
FSE:NYSE:ALT), headquartered in Konstanz, Germany. The
international pharmaceutical group employs more than 8,200 people
in over 30 subsidiaries and is present in markets in Europe, North
and South America, Asia, South Africa and Australia. In 2004, the
company achieved sales of about 2.1 billion euro, up 7% from 2003.
ALTANA Pharma concentrates on innovative pharmaceutical products in
therapeutics, imaging (contrast media) and OTC medication.
Therapeutics, the most important business area, is based on
prescription drugs for gastrointestinal and respiratory diseases.
Research focuses on gastroenterology, respiratory/inflammation and
oncology. DATASOURCE: ALTANA Inc CONTACT: Don Miller of HLDBlankman
Public Relations, +1-516-536-6811, or +1-212-896-3926, , for ALTANA
Inc Web site: http://www.fougera.com/
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