As the mRNA field has become more popular over the past several years, thanks in large part to the development of certain wildly popular Covid-19 vaccines, such as those from Moderna and BioNTech, more companies are looking to sink funds to accommodate its production.
German chemical company Wacker Chemie AG, which has been around since 1914, has been a mainstay in the production of silicone-based products and other medicinal chemicals, but now its biotech division is looking to sink nine figures into mRNA production.
On Tuesday, the company announced it is investing over €100 million, or over $101 million, into the development of the company’s biotech site in Halle, Germany into a new center to manufacture mRNA active ingredients.
The production capacity at the site will more than triple as part of the expansion. According to the design firm Exyte, which is the designer and builder of the project, the site will add a total of 7,400 square meters to the gross floor area and 1,600 square meters will serve as a clean room. Four new production lines are to be built, with part of the space being made available to the German government for a program to prepare for any future pandemics.
“We are happy that our expertise in making mRNA vaccines will contribute to the fight against future pandemics. The expansion of our Halle site will create capacity to prepare for pandemics and beyond,” said Wacker CEO Christian Hartel.
Groundbreaking ceremony in Halle. Pictured from left to right: Michael Zorn from the Saxony-Anhalt State Administration Office; Egbert Geier, mayor of Halle; Melanie Käsmarker, managing director of Wacker Biotech GmbH; Saxony-Anhalt’s Minister for Economic Affairs Sven Schulze; WACKER CEO Christian Hartel; Armin Willingmann, Saxony-Anhalt’s Minister for Science, Energy, Climate Protection and Environment; Wolfgang Büchele, CEO of Exyte; Guido Seidel, managing director of Wacker Biotech GmbH; Ulf-Marten Schmieder, CEO of Technologiepark Weinberg Campus and Joachim Bug, deputy director of the Center for Pandemic Vaccines and Therapeutics (ZEPAI). (Photo credit: Wacker Chemie AG)
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According to Wacker, the new building will have four floors, which are to be connected to the existing building. Alongside the four production lines, the space will also contain storage areas and quality control laboratories, as well as offices and recreation rooms. The company intends to hire around 200 new employees as part of the expansion. New staffers are being sought in all departments, particularly laboratory assistants and production is set to kick off sometime in 2024.
Wacker’s investment in biotech is part of a larger company strategy. The company announced in March that it would significantly increase its investments in the biotech business, as it looks to invest more than €80 million per year in this area in the next few years. By 2030, Wacker wants biotech to contribute around €1 billion to group sales.
Production of mRNA-related products has become a hot market as Moderna and BioNTech are making strides for wider mRNA ingredient and vaccine production. Pfizer for their part recently netted a deal to produce a synthetic DNA product, dubbed doggybone DNA, from the UK-based biotech Touchlight.
German chemicals company to expand its reach into mRNA ingredient production - Endpoints News
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