- World-class pharmaceutical compounding centre now complete
in Perth
- Facility will be one of the most technologically advanced
compounding centres in Australia
- Project to create local jobs and help diversify the State's
economy
- Supported by Cook Government's Investment Attraction Fund
Construction works are
complete on a new world-class pharmaceutical compounding centre in Perth, which
will manufacture and supply lifesaving medicines across the State and help to
diversify Western Australia's economy.
The new Baxter Healthcare
facility in Canning Vale will be one of the most technologically advanced
compounding sites in the country, producing tailored medicines for patients
across Western Australia - including lifesaving cancer treatments.
Baxter Healthcare already
employs around 60 people in Western Australia, and the new facility will
support the company to increase its local workforce with 20 new highly skilled
pharmaceutical manufacturing jobs in the first three years.
The project will help to
strengthen WA's sovereign capabilities in medical manufacturing, with Baxter
Healthcare to expand its production of lifesaving medicines by more than 50 per
cent.
The centre is currently
progressing towards its Therapeutic Goods Administration licensing and will
begin production in the coming months.
The Cook Government
backed the project through the Investment Attraction Fund, providing a $4
million grant which helped to secure the facility for Western Australia.
It is one of seven Health
and Medical Life Sciences sector projects supported in the IAF's inaugural
round, with nearly $24 million allocated between the projects.
The IAF is a key part of
the Cook Government's plan to diversity WA's economy, helping to secure major
job-creating projects that set the State up for the future. For more
information see: Investment
Attraction Fund (investandtrade.wa.gov.au)
Comments attributed to Premier Roger Cook:
"Under my Government,
Western Australia is becoming a leader in medical manufacturing.
"Baxter Healthcare's new
facility is the best in the nation, and means we can produce more medicines
right here in WA - saving lives and advancing our sovereign capability.
"Through the Investment
Attraction Fund, we're supporting major projects that diversify our economy and
create quality local jobs for the future."
