SFZN Siegfried Holding AG

Siegfried opens new quality control lab in Minden

Siegfried AG / Key word(s): Miscellaneous
Siegfried opens new quality control lab in Minden

30.08.2024 / 06:30 CET/CEST


Siegfried inaugurated its new state-of-the-art quality control lab in Minden. The new facility further improves the operational efficiency and readies the site for the completion of the new large-scale production plant.

Siegfried (SIX: SFZN), a leading global Contract Development and Manufacturing Organization (CDMO) for the pharmaceutical industry headquartered in Zofingen (Switzerland), inaugurated its new state-of-the-art lab in Minden, Germany. The new facility hosts workstations for more than 60 employees and high precision equipment across an area of more than 600 square meters. The new lab combines several quality control units in one location, creating synergies and efficiencies as well as increasing the overall quality control capacity across the site.

The facility will provide the additional quality control capacities needed upon the completion of the new large-scale production plant, which is currently under construction. The new production facility will host approximately 100 cubic meters additional reactor capacity and will significantly increase the capacity for Siegfried’s Drug Substance activities, expanding the technological capabilities and the flexibility of Siegfried’s global network.

Reto Suter, Chief Executive Officer ad interim and Chief Financial Officer: "The new lab facility further strengthens our manufacturing site in Minden and highlights our commitment to offer the most advanced quality control services to our customers, ensuring the safety of the products we produce for millions of patients worldwide. It further underpins our commitment to operate a world class drug substances manufacturing network."

With the opening of the new lab and the plant under construction, Siegfried further strengthens its footprint in Germany, where it has two sites in Minden and Hameln. At its two German sites, Siegfried manufactures a wide range of Active Pharmaceutical Ingredients (APIs), as well as finished drug products like vials and ampoules.

Contact

 
   
Financial Analysts: Media:
Dr. Reto Suter Peter Stierli
CEO ad interim and Chief Financial Officer Head Corporate Communications
Tel. 5 Tel. 1
   
   

Siegfried Holding AG

Untere Bruehlstrasse 4

CH-4800 Zofingen

 

About Siegfried

The Siegfried Group is a global life sciences company with sites in Switzerland, Germany, Spain, France, Malta, the USA and China. In 2023, the company achieved sales of CHF 1.272 billion and employed on 31.12.2023 more than 3700 people at twelve sites on three continents. Siegfried Holding AG is publicly listed on the SIX Swiss Exchange (SIX: SFZN).

Siegfried is active in manufacturing pharmaceutical APIs (and their intermediates) as well as drug products (tablets, capsules, sterile vials, ampoules, cartridges and ointments) for the pharmaceutical industry and provides development services. 



Cautionary Statements Regarding Forward-Looking Statements


This media release includes statements concerning the future. They are based on assumptions and expectations that may prove to be wrong. They should be considered with due caution as, by definition, they contain known and unknown risks, insecurities and other factors which could result in a difference in the actual results, financial situation, developments or the success of Siegfried Holding AG or Siegfried Group from the explicit or implicit assumptions made in these statements.

expect more
 

Siegfried AG
Untere Brühlstrasse 4
4800 Zofingen, Switzerland

1



 



End of Media Release


Language: English
Company: Siegfried AG
Untere Brühlstrasse 4
4800 Zofingen
Switzerland
Phone: 1
E-mail:
Internet:
ISIN: CH0014284498
Listed: SIX Swiss Exchange
EQS News ID: 1976899

 
End of News EQS News Service

1976899  30.08.2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1976899&application_name=news&site_id=research_pool~~~9efe1c65-8ece-4ff7-9608-f21c8e0a38a3
EN
30/08/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Siegfried Holding AG

 PRESS RELEASE

Siegfried once again confirmed in the Dow Jones Sustainability Index E...

Siegfried AG / Key word(s): Sustainability Siegfried once again confirmed in the Dow Jones Sustainability Index Europe 23.12.2024 / 06:30 CET/CEST Media Release Zofingen, December 23, 2024 The DJSI is a highly regarded benchmark for evaluating corporate progress in environmental, social, and governance (ESG) performance across industries. Siegfried stands as the sole Contract Development and Manufacturing Organization represented in the DJSI Europe.  Luca Dalla Torre, General Counsel and Chairman of the Siegfried Sustainability Board: "Being recognized as a sustainability leader i...

 PRESS RELEASE

Changes in Siegfried's senior management team

Siegfried AG / Key word(s): Personnel Changes in Siegfried's senior management team 06.12.2024 / 06:30 CET/CEST Media Release Zofingen, December 6, 2024 Stefan Randl will join as Chief Scientific Officer and member of the Executive Committee as of January 1, 2025. He will succeed Jürgen Roos who has decided to leave the company to take a well-deserved sabbatical. Stefan joins from Evonik, where he has held various leadership positions in several regions over the past 16 years, most recently as Vice President Innovation Management Health Care, based in Frankfurt, Germany, and as Vic...

 PRESS RELEASE

Siegfried opens new global R&D Center for Drug Substances in Evionnaz

Siegfried AG / Key word(s): Expansion Siegfried opens new global R&D Center for Drug Substances in Evionnaz 19.11.2024 / 07:03 CET/CEST Media Release Zofingen, November 19, 2024 Siegfried (SIX: SFZN), a leading global Contract Development and Manufacturing Organization (CDMO) for the pharmaceutical industry headquartered in Zofingen (Switzerland), inaugurated its new global Research and Development (R&D) Center for Drug Substances at its site in Evionnaz, Switzerland. The 4,500m2 R&D Center houses advanced chemical and analytical facilities, state-of-the-art laboratories, and cutti...

 PRESS RELEASE

DINAMIQS opens new lab in Zurich

Siegfried AG / Key word(s): Expansion DINAMIQS opens new lab in Zurich 12.11.2024 / 06:30 CET/CEST Media Release Zofingen, November 12, 2024 Siegfried (SIX: SFZN), a leading global Contract Development and Manufacturing Organization (CDMO) for the pharmaceutical industry headquartered in Zofingen (Switzerland), reached another milestone on its path to strengthen its offering in the biologics space, particularly in the fast-growing cell and gene therapy market. DINAMIQS, which became part of the Siegfried group in May 2023, inaugurated its cutting-edge laboratories in Zurich's Bio-T...

Siegfried Holding AG: 1 director

A director at Siegfried Holding AG sold 4,402 shares at 1,130.000CHF and the significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch