The Business Times
business-time-50

Thermo Fisher partners EDB for US$130m sterile fill-and-finish facility

google-preferred-sourceAdd BT as a preferred source
Published Sun, Oct 18, 2020 · 09:50 PM

    Singapore

    THERMO Fisher Scientific's plans to build a new US$130 million sterile fill-and-finish facility in Singapore, with the support of the Singapore Economic Development Board (EDB), will create some 300 jobs once operational in 2022.

    The investment is an "important addition to the manufacturing capacity needed by global pharmaceutical and vaccine companies in the ongoing fight against Covid-19," EDB chairman Beh Swan Gin said in a press release late last week.

    EDB

    TRENDING NOW

    Buntono is accused of possessing properties that, in part, represent his benefits from income tax evasion, including a Lamborghini Aventador similar to the one pictured.

    Lamborghini-driving boss of Eminent Frog Porridge charged with S$3.8 million tax evasion, money laundering

    In Indonesia, the layoffs were about realigning the R&D organisation to drive long-term sustainable growth.

    TikTok slashes content moderation teams globally; Singapore among markets affected

    Vincent Tan, founder of Berjaya Group, has reduced his holdings in multiple companies within the group.

    Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan

    Citi has cut Sembcorp’s reported profit forecast between 2026 and 2028 by 10% to 14%, citing weaker prospects across several business segments.

    Sembcorp shares fall to four-month low; Citi cuts profit forecasts

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More