West Pharmaceutical Services Inc - Company Profile
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Business Description
West Pharmaceutical Services Inc (West Pharmaceutical) provides components and delivery systems for injectable drugs and healthcare products. Its major products and services include primary packaging, containment solutions, reconstitution and transfer systems, drug delivery systems, contract manufacturing, integrated solutions, and analytical lab services.
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R&D Overview
The company's R&D focuses on the development of new products and the enhancement of existing ones. It operates through a network of company-owned research-scale production facilities and laboratories. The company is working on drug containment components, drug containment systems, novel drug delivery devices, and safety and administration systems. Its major technology include the SmartDose technology platform. In FY2023, West Pharmaceutical spent US$68.4 million on its R&D, which as a percentage of revenue, stood at 2.3%, and grew 16.9% YoY. As of FY2023, the company had more than 190 issued patents.
Business Segments
Overview
Focuses on design, manufacture and automated assembly of complex devices for diagnostic, pharmaceutical and medical device customers. The major products include custom contract-manufacturing and assembly solutions; customer owned components and devices used in surgical, diagnostic, ophthalmic, injectable and other drug delivery systems; and consumer products. It has manufacturing facilities in North America and Europe.
Performance
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Overview
Offers proprietary packaging, containment and drug delivery products, and analytical lab services and integrated solutions to generic, biologic and pharmaceutical drug customers. The major products include stoppers and seals for injectable packaging systems, syringe and cartridge components, administration systems, films, coatings, washing, vision inspection and sterilization processes and services and self-injection devices. It also offers drug containment solution, which includes Crystal Zenith, a cyclic olefin polymer, in the form of vials, syringes and cartridges. The major services include preapproval primary packaging support and engineering development, regulatory expertise, analytical lab services, and after-sales technical support. It has manufacturing facilities in North and South America, Europe and Asia Pacific.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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