Meridian Medical Technologies, a Kindeva Drug Delivery Company, a leading global contract development and manufacturing organization (CDMO) focused on drug-device combination products, announced today, during National Community Development Week, it will expand manufacturing capabilities in Bridgeton, Missouri — investing more than $100 million over the next four years in a newly purchased facility. Meridian, which recently combined with Kindeva, will be converting this new 155,000-square-foot facility to support increased production of drug-device combination products, sterile fill-finish capabilities, and create job opportunities in the St. Louis area.
Meridian Medical Technologies, a Kindeva Drug Delivery Company,
a leading global contract development and manufacturing organization (CDMO)
focused on drug-device combination products, announced today, during National
Community Development Week, it will expand manufacturing capabilities in
Bridgeton, Missouri — investing more than $100 million over the next four years
in a newly purchased facility. Meridian, which recently combined with Kindeva, will
be converting this new 155,000-square-foot facility to support increased
production of drug-device combination products, sterile fill-finish
capabilities, and create job opportunities in the St. Louis area.
“We’re proud to have a leading,
high-tech manufacturer like Meridian Medical Technologies expanding in St.
Louis,” said Gov. Mike Parson. “It’s always exciting to see a local employer
thriving, creating jobs, and developing innovative products right here in our
state. We wish Meridian the best and look forward to its future growth as it
continues to succeed in the region.”
Meridian founded the autoinjector
technology and has been a leading manufacturer of emergency autoinjectors for
more than 60 years. Now with Kindeva, the combined company has a broader range
of drug delivery capabilities that this Bridgeton facility investment will help
support worldwide.
“Meridian brings a strong history
of specific expertise to support critical manufacturing capabilities for
complex products — addressing a manufacturing shortage we have seen increase
over the last several years,” said Milton Boyer, Meridian CEO. “Building a
broader platform with the latest technologies and equipment available, coupled
with enhanced capabilities in the production of pre-filled syringes and
cartridges, will enable Meridian to offer a broader array of CDMO services and
increased capacity to our customers.”
Since January 2022, Meridian has
added approximately 300 employees for a total of approximately 900 in the St.
Louis area. The company’s new facility, which will be completed in 2024, will
support continued growth by dramatically increasing its abilities to develop
and manufacture products that will bring new medicines to new markets and
customers worldwide.
For this expansion, Meridian will
benefit from the Missouri Works program, a tool that helps companies expand and
retain workers by providing access to capital through withholdings or tax
credits for job creation.
“It’s exciting to see Meridian
Medical Technologies create more opportunities for Missourians in St. Louis,”
said Maggie Kost, Acting Director of the Department of Economic Development.
“As Meridian expands while developing lifesaving products, we’re grateful to
support its growth. This company is another example of a quality local employer
making a positive difference for our state and beyond.”
What Others Are Saying
“The city of Bridgeton welcomes
Meridian Medical Technologies to the city,” said Mayor Terry Briggs. “Not only
will Meridian bring well-paying jobs to our city, but the medical products it
develops here will help countless people throughout the world. We look forward
to working with them.”
“The expansion of Meridian Medical
Technologies is a significant step forward for St. Louis,” said County
Councilwoman Kelli Dunaway. “Their investment in our community not only brings
economic benefits, but also underscores St. Louis’ position as a hub for
innovation and advancement in the healthcare industry. It is exciting to see a
company like Meridian recognize the potential in our region, and we look
forward to the positive impact they will have on our community.”
“The expansion of Meridian Medical
Technologies will provide more jobs and increase production in St. Louis
County,” said County Executive Dr. Sam Page. “With the help of the St. Louis
Economic Development Partnership, we have worked to create a path for growth to
a business that employs approximately 900 people in St. Louis County.”
“Meridian’s expansion brings not
only new investment and new jobs to the St. Louis metro, but highlights the
continued growth of our bioscience and advanced manufacturing sectors,” said
Jason Hall, CEO of Greater St. Louis, Inc. “We are excited by Meridian’s
expansion and their commitment to St. Louis and appreciate the hard work and
collaboration of the economic development partners at the state and regional
level who helped make this project happen.”
“The St. Louis region has so much
to offer in the biosciences and medical industry. We are excited Meridian
Medical Technologies will be expanding its operations here and bringing more
jobs to Missouri,” said Tara Oglesby, Vice President of Community, Economic
Development and Energy Solutions at Ameren Missouri. “Ameren Missouri’s Smart
Energy Plan continues to be instrumental in making the region more attractive
for businesses to grow here while also providing reliable energy to power the
quality of life for the customers and communities we serve.”
About Kindeva Drug Delivery
Kindeva is a
global contract development manufacturing organization focused on drug-device
combination products. Kindeva develops and manufactures products across a broad
range of complex drug-delivery formats, including autoinjectors, inhalers,
transdermal patches, and microneedles. Its service offering spans early-stage
feasibility through commercial scale drug product fill-finish, container
closure system manufacturing, and drug-device product assembly. Kindeva serves
a global client base from its nine manufacturing and research and development
facilities located in the U.S. and U.K. For more information, please visit www.kindevadd.com.
About the Missouri Department
of Economic Development
The Missouri Department of Economic
Development (DED) works to create an environment that encourages economic
growth by supporting Missouri’s businesses and diverse industries,
strengthening our communities, developing a talented and skilled workforce, and
maintaining a high quality of life. As one team built around the customer and
driven by data, DED aspires to be the best economic development department in
the Midwest. Through its various initiatives, DED is helping create
opportunities for Missourians to prosper.
For the latest updates on DED’s
current or future programs and initiatives, visit DED’s website.
About the Missouri Works
Program
As the state’s number one incentive
tool for expansion and retention, the Missouri Works Program helps businesses
access capital through withholdings or tax credits to embark on facility
expansions and create jobs. This program can also help businesses purchase
equipment to maintain its facility in Missouri.