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Phlow promotes chief biz officer to president
Richmond-based Phlow Corp. has promoted Dan Hackman from chief business officer to president, the pharmaceutical manufacturing company announced Thursday. Hackman joined Phlow in 2020. He previously worked with Kaleo Inc. as general manager of its Auvi-Q product — an injectable pen developed for emergency allergy treatment — and served as its vice president of patient […]
Danville pharma startup announces $6.1M expansion
Danville-based pharmaceutical engineering and manufacturing company Engineered BioPharmaceuticals Inc. will invest $6.1 million to expand from a business incubator into its first standalone manufacturing space, Gov. Glenn Youngkin announced Wednesday. The move is expected to create 34 jobs. The company will expand from its current lab space at Dan River Business Development Center — a […]
Granules India announces $12.5M pharma facility
Indian pharmaceutical company Granules India Ltd. will invest $12.5 million to establish a pharmaceutical packaging operation in Prince William County, creating 57 jobs, Gov. Glenn Youngkin announced Wednesday. Headquartered in Hyderabad, India, Granules India manufactures active pharmaceutical ingredients and other related products, including acetaminophen, ibuprofen and guaifenesin, the main ing[...]
Civica announces plans for $27.8M lab in Chesterfield
Nonprofit drugmaker Civica Rx is investing $27.8 million to establish a new 55,000-square-foot laboratory in Chesterfield County’s Meadowville Technology Park, Gov. Glenn Youngkin announced Thursday. The expansion will add 51 jobs, according to a news release. The company will also host a scale-up manufacturing facility run by Virginia Commonwealth University’s Medicines for All Instit[...]
Civica to produce lower-cost insulin
Civica Rx, a nonprofit generic drug-maker with a pharmaceutical manufacturing plant under construction in Petersburg, plans to produce three forms of insulin priced at $30 per vial beginning in early 2024, a project that dovetails with a bill in Congress that would cap consumers’ out-of-pocket insulin costs. Civica’s 140,000-square-foot, $124.5 million Petersburg production facility wi[...]
Economic healing
Over the years, Petersburg has become accustomed to bad economic news. After Brown & Williamson Tobacco Corp., Petersburg’s largest employer for decades, left the city in 1985, Petersburg suffered an economic downturn from which it’s never quite recovered. More recently, in 2016, Petersburg city government had a roughly $12 million shortfall in its operating budget, […]
