Biovian’s €50m expansion for biopharmaceutical manufacturing

Manufacturing biopharmaceuticals
Finland’s Biovian invests €50m to strengthen its biopharmaceutical manufacturing, in the latest move by the country to meet global manufacturing demands

Leading Finnish biopharmaceutical manufacturer Biovian has invested €50m to expand its manufacturing facility in Turku, Finland.

 

Manufactures biopharmaceuticals

Biovian was founded in 2003 and is headquartered in Turku, Finland. The company manufactures biopharmaceuticals, from the first steps of development to the final product in a vial. 

The new factory will include advanced technologies to support the development, manufacturing and testing of Advanced Therapy Medicinal Products.

There will also be Class A to D cleanroom areas, used for bulk drug substances. Biovian will adhere to EU and US GMP requirements for safe, reliable and compliant biopharmaceutical products.

“The new manufacturing facility will not only strengthen Biovian’s position as a key player in the CDMO sector, but also contribute to the growth of the biopharmaceutical industry in Finland and most of all provide vital therapies to patients suffering from today’s untreatable diseases," said Antti Nieminen, CEO of Biovian.

The project will be completed by December 2024 and is scheduled to be fully operational by 2025, creating over 100 jobs for people in the region.

Youtube Placeholder

From biopharmaceuticals to semiconductors, Finland meets manufacturing demands

Finland is expanding its reach through manufacturing items rising in global demand. Earlier this year, Chinese semiconductor manufacturer National Silicon Industry Group agreed to invest €400mn/US$422mn with Finnish manufacturer Okmetic, to build a silicon wafer production facility in Finland. The investment is expected to create 500 jobs, although production will not begin till 2025. 

In addition to this, the country is taking a sustainable approach to manufacturing, as the industry contributes almost a quarter of anthropogenic GHG emissions. Mika Tienhaara, former CEO of Rocsole, wants to change this with the help of automation. 

“Many manufactured goods at a large scale are required for the electrification and energy transition, like smart chips. But we need to ensure that the manufacturing processes are improved, for instance, with the unique process insights that Rocsole can provide,” he said. “First of all, automation can reduce or entirely remove the need for people to move to and from sites, which is one part of reducing emissions. Automation can improve productivity, be more resource-efficient and reduce waste, leading to reduced emissions.”


 

*************************************************

For more insights into Manufacturing - check out the latest edition of Manufacturing Magazine and be sure to follow us on LinkedIn & Twitter.

Other magazines that may be of interest - Healthcare Digital

*********************************************

BizClik is a global provider of B2B digital media platforms that cover 'Executive Communities' for CEO's, CFO's, CMO's, Sustainability Leaders, Procurement & Supply Chain Leaders, Technology & AI Leaders, Cyber Leaders, FinTech & InsurTech Leaders as well as covering industries such as Manufacturing, Mining, Energy, EV, Construction, Healthcare + Food & Drink.

BizClik, based in London, Dubai & New York offers services such as Content Creation, Advertising & Sponsorship Solutions, Webinars & Events.

Share

Featured Articles

Olympics 2024: How Berluti Burnished Team France's Uniforms

Here's how Berluti, luxury leather maker, designed and manufactured Team France's opening ceremony uniforms for the 2024 Olympic Games

Top 10: Manufacturing Companies in MEA

Manufacturing Digital takes a look at the top 10 largest manufacturers in MEA, including Sharp, Genetco and Julphar

Manufacturing & Mobility LIVE heads to Chicago in 2025

Manufacturing & Mobility LIVE expands into in-person events, heading to the US with its sister events P&SC LIVE and Sustainability LIVE

What to see and do at GSMA MWC Shanghai 2024

Technology

EV Recycling Driven By Tata Steel, Nucor and Dowa Holdings

Sustainability & ESG

Brooke Weddle: Manufacturing Needs A Rebrand

Production & Operations