West Pharmaceutical Services
 | |
| Type | Public |
|---|---|
| Traded as | NYSE: WST |
| Industry |
Medical devices Pharmaceuticals |
| Founded | 1923 |
| Headquarters | Exton, Pennsylvania, United States |
| Key people | Donald Morel, Jr. (CEO) |
| Revenue |
 US $1.192 billion (2011)[1] |
| Operating income |
US $109.6 million (2011)[1] |
| Net income |
US $75.5 million (2011)[1] |
| Employees | 6,300 (2011) |
| Website | www.westpharma.com |
West Pharmaceutical Services, Inc. is a designer and manufacturer of pharmaceutical packaging and delivery systems. Founded in 1923 by Herman O. West of Philadelphia, the company is headquartered in Exton, Pennsylvania.[2]
Overview
West manufactures components and systems for injectable drug delivery and plastic packaging, and delivery system components for the healthcare and consumer products markets. It operates in two segments, Pharmaceutical Systems and Tech Group. The Pharmaceutical Systems segment engages in the design, manufacture, and sale of various packaging components and systems used in parenteral drug delivery for the pharmaceutical, biopharmaceutical, and generic industries. It offers various pharmaceutical packaging components, such as stoppers and discs, aluminum seals and removable plastic button, plungers, needle shields and tip caps, pharmaceutical containers, closures, dispensers, elastomeric components, non-filled syringe components, dropper bulbs, and sterile devices. This segment also provides laboratory and other services, including extractables and leachables testing, package/container testing, method development/validation, stability testing, process development, and problem resolution. The Tech Group segment produces injection molded components and devices, such as contact lens storage kits, pill dispensers, and disposable blood collection systems, as well as various personal care and consumer products for surgical, ophthalmic, diagnostic, and drug delivery systems. This segment also involves in the manufacture and assembly of systems and devices used for nasal, oral, pulmonary, and injectable delivery of drugs used to treat diseases. The company offers its products to pharmaceutical, biotechnology, and medical device producers primarily in the United States, Germany, France, and other European countries.[3]
West has been ranked a 'Top Workplace' in the Greater-Philadelphia area by Philly.com in 2010, 2011, and 2012.[4]
On January 29, 2003, an accumulation of combustible polyethelene powder caused an explosion at a West rubber-manufacturing plant in Kinston, North Carolina.[5]
In 2005, West acquired The Tech Group, Scottsdale, Ariz. and Medimop Medical Projects Ltd., Ra’anana, Israel.[6]
References
- ↑ 1.0 1.1 1.2 "Annual Report 2011" (PDF). West. Retrieved 29 February 2012.
- ↑ "The West Story". West Pharmaceutical Services. Retrieved 2009-04-12.
- ↑ "West Linkedin Overview".
- ↑ "Philly.Com: Top Workplaces".
- ↑ "Investigation Digest: Dust Explosion at West Pharmaceutical Services". U.S. Chemical and Safety Hazard Investigation Board. April 2005. Retrieved 2009-04-12.
- ↑ "The West Story". West Pharmaceutical Services. Retrieved 2013-08-03.