MassDevelopment has approved a 2 Million dollar loan to Berkshire Sterile Manufacturing Inc. (BSM) for expansion of the Company's sterile manufacturing facility located in Lee, MA. BSM will use the funds to expand its current cleanroom and warehouse facilities, acquire additional sterile manufacturing equipment and construct new visual inspection and final drug packaging suites. The Company will also be expanding its analytical services capabilities with the purchase of additional test equipment and stability chambers.
"Providing the resources for our local businesses to grow and expand employment is critical. Berkshire Sterile Manufacturing is an innovative success story in the Berkshires, and I am incredibly happy this will position them for further growth in a competitive industry," said State Senator Adam G. Hinds (D- Pittsfield).
Berkshire Sterile has been recently inspected by FDA and looks forward to expanding its service offerings for their current and prospective clients.
"We are extremely grateful for the partnership with MassDevelopment allowing BSM to grow with low-interest loans. As BSM continues to expand our product and service offerings, we will bring more career opportunities to the Berkshires," said CEO Shawn Kinney, PhD.
Berkshire Sterile is a state-of-the-art fill/finish contract manufacturer providing formulation and sterile filling as well as analytical development and stability services to the biotech and pharmaceutical industries. All sterile filling operations at BSM are performed utilizing isolator-based technology. BSM also offers terminal steam sterilization of syringes, specialty filling and lyophilization of vials and syringes including dual chamber liquid/liquid and liquid/lyo configurations. Please visit the Company's web site (www.berkshiresterile.com) or contact us at firstname.lastname@example.org for more information.
MassDevelopment, the state's finance and development agency, works with businesses, nonprofits, financial institutions, and communities to stimulate economic growth across the Commonwealth.
SOURCE: Berkshire Sterile