Pfizer-Pack.jpg” />Pharmaceutical companies Merck and Pfizer have collaborated with Corning for the development of ‘Corning Valor Glass’, a new pharmaceutical glass packaging solution.
The new glass for injectable drug vials is claimed to improve storage and delivery of drug formulations.
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Initially, Corning will make an investment of $500m, which is expected to create 1,000 new jobs.
The investment is set to cover the expansion of Corning facilities, as well as the construction of a new plant to support glass production.
It forms the first part of a planned $4bn investment, which could create 4,000 additional high-tech jobs.
As part of the White House’s Made in America Week, the three companies were welcomed to the White House to announce the new pharmaceutical glass packaging initiative.
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By GlobalDataWelcoming the initiative, US President Donald Trump said: “My administration is committed to streamlining the regulatory process so that it’s easier for companies to invest and innovate here in America.
“Today, I’m pleased to recognise Merck, Pfizer, and Corning for collaborating to modernise pharmaceutical glass packaging with Valor Glass and bring important manufacturing jobs to the US.”
Merck, Pfizer and Corning’s glass science and precision forming expertise are said to have helped deliver the new glass packaging solution for injectable drugs in vials and cartridges.
The companies will continue to collaborate on further evaluations and the deployment of this new solution.
Merck chairman and CEO Kenneth Frazier said: “Biologics today are on the leading edge of scientific innovation, and Valor Glass represents a similar advancement in materials science: glass that is purpose-built for medicines and vaccines.
“Merck plans to convert several injectable products to this exceptional new glass packaging solution, pending appropriate regulatory approvals.”
Image: The CEOs of Corning, Merck, and Pfizer pharmaceutical companies were welcomed to the White House to announce the new pharmaceutical glass packaging initiative. Photo: courtesy of USA.gov / White House.
