With a project value of $500 million, the Merck Sharp & Dohme – Tuas Inhaler Production Plant And Secondary Packaging facility – Central Singapore project was the largest Pharmaceutical Plants construction project globally, on which construction started in Q4 2022. The Merck Sharp & Dohme – Tuas Inhaler Production Plant And Secondary Packaging facility – Central Singapore project is located in Singapore, Singapore and initially announced in Q1 2022 with an estimated completion in Q4 2026. The Siegfried – Minden Active Ingredient Plant Expansion – North Rhine-Westphalia project was the second-largest project with a project value of $104 million, on which construction work started in Q4 2022. The Siegfried – Minden Active Ingredient Plant Expansion – North Rhine-Westphalia project is located in Minden, Germany and initially announced in Q4 2021 with an estimated completion in Q1 2024.
The BAX – Halle/Westfalen Sterile Fill/Finish Manufacturing Facility Expansion – North Rhine-Westphalia project was the third-largest project, the Avid Bio – Costa Mesa Viral Vector Manufacturing Facility – California was the fourth-largest project, and the NorthStar NM – Beloit Radiopharmaceutical Manufacturing Plant – Wisconsin was the fifth-largest project with a project value of $100 million, $75 million and $65 million respectively. The BAX – Halle/Westfalen Sterile Fill/Finish Manufacturing Facility Expansion – North Rhine-Westphalia project located in Halle, Germany was announced in Q4 2021 with an estimated completion in Q4 2024, the Avid Bio – Costa Mesa Viral Vector Manufacturing Facility – California project located in Costa Mesa, United States was announced in Q4 2021 with an estimated completion in Q4 2023 and the NorthStar NM – Beloit Radiopharmaceutical Manufacturing Plant – Wisconsin project located in Beloit, United States was announced in Q1 2022 with an estimated completion in Q4 2024.
Among the five largest projects, the Merck Sharp & Dohme – Tuas Inhaler Production Plant And Secondary Packaging facility – Central Singapore project is the longest in terms of completion date, with construction expected to be completed in Q4 2026. On the other hand, the Avid Bio – Costa Mesa Viral Vector Manufacturing Facility – California project is the shortest in terms of completion date, with construction expected to be completed in Q4 2023.
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