Delaware Prosperity Partnership’s WuXi STA Project Earns Delaware a Business Facilities Impact Award in the Biosciences Sector


Posted January 25, 2022 by delawareprosperitypartnership

Delaware and Delaware Prosperity Partnership (DPP) were recognized with a Business Facilities 2021 Impact Award in the Biosciences category for successfully attracting WuXi STA to build a new pharmaceutical manufacturing campus.
 
Delaware and its public-private economic development group, Delaware Prosperity Partnership (DPP) were recognized with a Business Facilities 2021 Impact Award in the Biosciences category for successfully attracting WuXi STA – a leading global Contract Development and Manufacturing Organization (CDMO) – to build a new pharmaceutical manufacturing campus in Middletown, Delaware. This $510M investment aims to add nearly 500 jobs to Delaware’s booming biotech industry in the next few years. WuXi STA offers efficient, flexible, and high-quality integrated solutions for development and manufacture of small molecule Active Pharmaceutical Ingredients and pharmaceutical drug product to support preclinical-to-commercial uses for its worldwide customers. The Middletown facility is WuXi STA’s first East Coast pharmaceutical clinical and commercial manufacturing complex.

This recognition reflects Delaware’s long-standing strength and capacity in the biosciences sector. The number of life sciences operations in Delaware has grown significantly in the past decade — most notably in the biotechnology R&D subindustry with an increase of 65% — and the state now ranks 7th nationally for life sciences venture capital funding per capita.

A powerful economic driver in Delaware, the life sciences sector employs approximately 11,000 people and directly generates $2 billion in GDP (both 2.5% of total state employment and GDP) along with payrolls of at least $230 million.

DPP, Delaware’s nonprofit public-private economic development resource, partnered with a host of stakeholders throughout Delaware including the Town of Middletown, the Delaware Division of Small Business, New Castle County, Select Greater Philadelphia, and others to support WuXi STA’s choice of Delaware for its site. Hiring has already begun for the project, adding its nearly 500 full-time jobs to Delaware’s world-class innovative workforce by 2026 and eventually expanding to more than 1,000 employees.

The 190-acre site will feature space for testing laboratories, manufacture of active pharmaceutical ingredients and manufacture and packaging of solid dosage pharmaceutical and sterile products.

“Now in its fourth year of operation, the DPP team is proving that the public-private economic development model works well to leverage Delaware’s distinctive capacity to collaborate,” said Corporation Service Company President Rod Ward III, who, along with Delaware Governor John Carney, co-chairs the DPP Board of Directors.

About Business Facilities

The leading source for corporate site selectors and economic development professionals for more than 50 years, highlights economic development and site selection news from around the world. 2021 Deal of the Year judges were Howard Silverman, President and CEO, The CAI Global Group; Philip Anderson, President and CEO, P.W. Anderson & Partners; David Hickey, Managing Director, Hickey & Associates; Angelos Angelou, President of Angelou Economics.

About WuXi STA

WuXi STA, a subsidiary of WuXi AppTec, is a leading pharmaceutical development and manufacturing capability and technology platform company serving the life sciences industry, with global operations. As a premier contract development and manufacturing organization (CDMO), WuXi STA offers its worldwide partners efficient, flexible, and high-quality solutions for integrated chemical, manufacturing and control (CMC) from preclinical to commercial uses.

About Delaware Prosperity Partnership

Delaware Prosperity Partnership leads Delaware’s economic development efforts to attract, grow and retain businesses; to build a stronger entrepreneurial and innovation ecosystem; and to support private employers in identifying, recruiting, and developing talent. The DPP team works with site selectors, executives and developers focused on where to locate or grow a business and helps with reviewing potential sites, cost-of-living analyses and funding opportunities, including available tax credits and incentives. DPP advances a culture of innovation in Delaware, working with innovators and startups to spotlight and celebrate successes and connect them with the resources they need to succeed. DPP and its partnerships throughout Delaware support and advance the missions of companies of all sizes and sectors.
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Contact Email [email protected]
Issued By Delaware Prosperity Partnership
Phone 302-477-7497
Business Address 1007 N. Orange Street, Suite 731
Wilmington, DE 19801
Country United States
Categories Business
Tags bioscience , biotechnology
Last Updated January 25, 2022