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03/02/2014

Alexion Pharmaceuticals Acquires Site In Athlone

Alexion Pharma Ireland Trading, a subsidiary of Alexion Pharmaceuticals, Inc., today announced that it has agreed to purchase a vialling facility in Athlone, Co Roscommon, Ireland.

The closing of the acquisition is expected to occur during the first quarter of 2014.

Alexion expects to invest to purchase, fit and improve the facility for its operations. The investment is supported by the Department of Jobs, Enterprise and Innovation through IDA Ireland.

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In July last year, Alexion announced plans to expand its global presence with the opening of a new office and laboratory facility in Dublin in conjunction with the company's decision to establish a global supply chain facility in Ireland. The acquisition of the facility in Athlone is part of the plan to establish global supply chain operations in Ireland.

Stephen Squinto, PhD, Executive Vice President and Chief Global Operations Officer at Alexion stated: "The acquisition of the Athlone facility is a sign of our commitment to growing our newly established global supply chain operation in Ireland.

"As we continue to grow and expand our operations to serve more patients, this facility will help us to provide life-transforming medicines to patients in Europe and around the world."

(CD/JP)

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