Bormioli Pharma Expands Capacity and Infrastructure for North American Market; Achieves 47% Sales Growth in the Region During 2023 [Yahoo! Finance]
Loop Industries, Inc. (LOOP)
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Source: Yahoo! Finance
—Usage of Sustainable Raw Materials in the Manufacturing of Company's Packaging Products Increased to 45% in 2023— —Learn More from Company Leadership at DCAT Week 2024 in NYC— MILAN, March 12, 2024 BUSINESS WIRE )--Bormioli Pharma, a leading international manufacturer of pharmaceutical packaging and medical devices, today announced a significant increase of 47% in its North American sales for 2023. This notable growth is a direct result of the company's rapidly evolving infrastructure and expanded capacity, tailored to meet the unique demands of the North American pharmaceutical market, including an increased need for pharmaceutical glass vials. Bormioli Pharma strengthened its strategic focus on the US market four years ago by establishing a new legal entity and a commercial branch in the US. From then on, the company's on-site commercial team has been expanded, an FDA-approved warehouse established, and dedicated product offerings compatible with regional standards have been
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