Pharma Focus Asia

Pharmascience Inc. invests $55 Million to Upgrade its R&D and Manufacturing Facilities in Greater Montreal, Quebec


Pharmascience Inc. announced plans to modernize its R&D facilities and increase its production capacity in Greater Montreal with an investment of $55.7 million.


Of the total $55.7 million investment, $8.2 million will go towards the modernization of the company’s R&D facilities to facilitate the development of new products for international markets.  The additional $47.5 million will support new production, packaging and quality management technologies to better meet the growing global demand for the medications the company manufactures, while also enhancing its competitiveness.

This investments will create 65 new jobs and help secure the existing jobs based in Greater Montreal.

The investment was made possible by financial contributions of $4 million from Investissement Québec and $800,000 from Emploi Québec, which will enable Pharmascience to pursue a diversification strategy based on the development of new products and an increased international profile.


Company NamePharmascience Inc.
LocationMontreal, Quebec
TypeR&D and Manufacturing Facilities Upgrade
Estimated Cost$55.7 million
Completion Year2016
Latest Issue
Get instant
access to our latest e-book
MFA + MMA 2024CPHI Chine || PMEC China 2024Asia Healthcare Week 2024Gibco Adherent Kidney Media PanelCPHI Korea 2024Equinix accelerated medical research...CHEMICAL INDONESIA 2024Thermofisher - Antibody Therapeutic PolishingINALAB 2024 Thermo Scientific - DynaDrive and DynaSpinDigital Health Asia 2024Rehab Expo 2024ISPE Singapore Affiliate Conference & Exhibition 20242024 PDA Pharmaceutical Manufacturing & Quality Conference2024 PDA Cell and Gene Pharmaceutical Products Conference 2024 PDA Aseptic Manufacturing Excellence Conference2024 PDA Aseptic Processing of Biopharmaceuticals ConferencePharma Quality Excellence Awards 20244th Annual Pharma GMP Quality Management 20243rd World ADC Asia 2024
Searching for an end-to-end patient tech solution?