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ALTANA Opens Pharmaceutical Production Facility in Ireland.


BAD HOMBURG Bad Hom·burg  

A city of west-central Germany at the foot of the Taunus Mountains near Frankfurt. It is a famous spa and resort. Population: 53,200.
, Germany & CORK, Ireland Cork, Ireland is a term which may refer to the following places in southern Ireland, depending on context.
  • Cork (city)
  • County Cork
  • Metropolitan Cork
  • Roman Catholic Diocese of Cork and Ross formed in the 1950s from two older diocese or one of its predecessors
 -- ALTANA AG (NYSE NYSE

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:AAA AAA: see American Automobile Association.


(Triple A) A common single-cell battery used in a myriad of electronic devices of all variety. Like its double A (AA) cousin, it provides 1.5 volts of DC power. When used in series, the voltage is multiplied.
)(FWB (Fixed Wireless Broadband) See fixed wireless. :ALT)(GER GER German/Germany
GER Gastroesophageal Reflux
GER Geriatrics
GER General Education Requirement
GER Great Eastern Railway (UK)
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:ALT):

--Official opening of the new tablet production facility in Cork (Ireland) in the presence of the Irish Prime Minister Bertie Ahern

--Serving growing markets with ALTANA's strategically important products

ALTANA Pharma, the pharmaceutical division of ALTANA AG today performed the official opening of a new tablet production facility in Cork (Ireland) in the presence of the Irish Prime Minister, Mr. Bertie Ahern. The new plant will play an important role in ALTANA Pharma's global production network and provide extended capacity for the manufacturing of existing and future products.

"The facility in Cork means that in addition to Oranienburg (Germany) ALTANA Pharma will have a second state-of-the-art, high-quality manufacturing site for solid formulations meeting the strictest international standards. This will provide greater flexibility and security in terms of supplying the market with our strategically important products," commented Dr. Hans-Joachim Lohrisch, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of ALTANA Pharma AG, at the official opening ceremony.

The Irish Prime Minister Bertie Ahern paid tribute to ALTANA's commitment in Cork. "We are delighted that ALTANA Pharma chose Cork as the second hub in its global manufacturing strategy. ALTANA Pharma is one of the fastest growing, most profitable pharmaceutical companies in Europe. I am very pleased that the company has a particularly strong emphasis on research and development. This is a great day for Carrigtohill, for the pharmaceutical industry and for Cork."

"The technology applied reflects ALTANA's commitment to innovation," said Dr. Declan Farrell, Managing Director of ALTANA Pharma's facility in Cork. "This means highly automated production equipment, producing products in a clean and environmentally sound manner, sophisticated IT systems as well as a modular design concept and an excellent work environment for the employees."

The tablet manufacturing facility on the eleven hectare plot in the Carrigtohill Industrial Park in Cork required an investment of EUR EUR

In currencies, this is the abbreviation for the Euro.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 67 million. As of today the company employs 56 people. At full operational level some 150 employees will be able to produce three billion tablets a year.

With demand for ALTANA's Pantoprazole, currently the most successful medicine from a German research laboratory and used in the treatment of acid-related gastrointestinal disorders, still rising, Cork will complement the production site in Oranienburg as a second tabletting site within the Pantoprazole supply chain.

This press release is also available on the Internet at www.altana.com.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 7, 2006
Words:394
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