Anteco Pharma is breaking ground on a 25,000-square-foot addition to its manufacturing facility in Lodi, Wis., just north of Madison, company officials announced Monday. This expansion will focus on manufacture of pharmaceutical and medical device products.
Included are sterile processing suites, expanded lyophilization and packaging capacity, increased freezer and cooler space, GMP storage, and employee support facilities. Christopher Conlon, vice president and managing partner, the initial expansion will be completed in the spring of 2012 and on-line by June 2012.
Conlon noted that a significant portion of the building will remain unfinished and can be configured to meet the requirements of future customers.
President Howard Teeter said this $3.5-million project is the first phase of a five-year plan to increase Anteco Pharma’s revenues by 10-fold and employment from 20 to more than 80 by 2016. He added that the project reflects a significant increase in outsourced manufacturing by the pharmaceutical, biotech and medical device industries as well as an expanded demand for clinical manufacturing support from start-up technology companies – including those in the Madison region.
Anteco Pharma is a privately held contract manufacturer founded in 2003 by pharmaceutical industry veterans. The company focuses on lyophilization (freeze drying), sterile processing, packaging and process development for the global pharmaceutical, medical device and dietary supplement industries.
Howard Teeter, President & Managing Partner