Did you know that there is a version of The Construction Index for the USA? Visit the site No thanks
Follow us on Twitter Follow us on LinkedIn Follow us on Instagram
Daily construction news
Weekly plant news

Construction News

Tue October 24 2017

Related Information
Related Information
Related Information

News » UK » GSK scraps plans for £350m Ulverston plant » published 21 Jul 2017

GSK scraps plans for £350m Ulverston plant

Pharmaceutical company GSK has scrapped plans to build a £350m manufacturing plant at Ulverston in Cumbria.

Scrapped plans Above: Scrapped plans

“The company has decided not to proceed with a previously planned investment to build a biopharmaceutical facility in Ulverston as it no longer needs the additional capacity,” GSK said this week in a statement on reorganisation of its manufacturing.

It was back in 2012 that GSK announced plans for a new state-of-the-art biopharmaceutical manufacturing facility in Ulverston. [See our previous report here.]

The company is now carrying out a strategic review of its cephalosporins antibiotics business – medicines produce in Ulverston – and is considering selling the business.

The local council expressed its ‘shock and disappointment’ at the decision.

Councillor Graham Vincent said: “We have been in meetings and discussions with GSK in the last few weeks about unrelated matters and there was no suggestion that this announcement was on the horizon.”

GSK global affairs president Philip Thomson said: “We are continuing to invest in science and our core businesses in the UK and we continue to see the UK as an attractive place for the life sciences industry. We are working constructively with the government and others to develop an ambitious plan for the sector as part of the UK’s new industrial strategy.”

GSK said the decision was nothing to do with the UK’s decision to leave the European Union.

 

 

MPU

Download our free construction news iPhone / iPad app. Sign up to our FREE email newsletters or subscribe to our RSS feed for regular updates on the latest Construction News, Plant News, Contract News & Supplier News. The Construction Index also provides the latest Construction Tenders, Construction Market Data & Construction Law Commentary all FREE.

This article was published on 21 Jul 2017 (last updated on 21 Jul 2017).

More News Channels