Cambrex Completes First Phase of $30 Million Capacity Expansion Project in High Point, North Carolina

EAST RUTHERFORD,NJ,Sept. 1,2022 -- Cambrex today announced the completion of the first phase of its $30 million investment in its small molecule active pharmaceutical ingredient (API) manufacturing facility in High Point,North Carolina. The newly constructed space adds analytical and chemical development laboratories totaling 30,000 square feet and provides future workspace for 85 analytical and chemical development scientists. These laboratories will support the development of APIs to be manufactured in the facility's current clinical manufacturing area,as well as the future expanded clinical manufacturing and commercial manufacturing suites.

"With the growing number of therapies in clinical development and trend toward more targeted therapeutics,including orphan drugs,this expansion is preparing Cambrex to support the growing demand for small-scale API manufacturing," said Tom Loewald,CEO,Cambrex. "Our expansion goes beyond providing capacity – it provides state-of-the-art technology and laboratory equipment,an energy efficient infrastructure,and an ideal space for our scientific experts to work side-by-side with our clients."

Phase 2 of the project is ongoing and will approximately double the facility's manufacturing capacity with the addition of clinical and commercial manufacturing suites with reactors up to 2,000 liters. The new commercial area will provide an ideal scale for the manufacturing of orphan drugs and niche therapies,while larger volume products developed at the facility can be manufactured commercially at one of Cambrex's larger scale facilities in Iowa and Sweden. This expansion follows Cambrex's 2021 investment in the Cambrex High Point continuous flow R&D center of excellence,including expanded capabilities for continuous flow process development,manufacturing,and scale up.

Cambrex continues to expand its capabilities and capacity across its North American and European network to meet the growing demand for outsourced product development and manufacturing services.

About Cambrex

Cambrex is a leading global contract development and manufacturing organization (CDMO) that provides drug substance,drug product,and analytical services across the entire drug lifecycle. With over 40 years of experience and a growing team of over 2,300 experts servicing global clients from North America and Europe,Cambrex is a trusted partner in branded and generic markets for API and finished dosage form development and manufacturing.

Cambrex offers a range of specialized drug substance technologies and capabilities,including biocatalysis,continuous flow,controlled substances,solid-state science,material characterization,stability storage,and highly potent APIs. In addition,Cambrex can support conventional dosage forms,including oral solids,semi-solids,and liquids,and has the expertise to manufacture specialty dosage forms such as modified-release,fixed-dose combination,pediatric,bi-layer tablets,stick packs,topicals,sterile,and non-sterile ointments.

Contact:

Jennifer Therrien

Jennifer.therrien@cambrex.com

The new space includes a balanced mix of traditional benchtop hoods and walk-in hoods,offering flexibility and development space for 1L to 20L reactors,which dovetails with our 100L kilo suites.

New analytical and chemical development laboratories total 30,000 square feet and provides future workspace for 85 analytical and chemical development scientists