MSD Animal Health purchases Austrian manufacturing facility from Shire

MSD Animal Health has announced plans to purchase a new manufacturing facility in Krems an der Donau, Austria.

The facility is currently owned by Shire and was built in 2002. The acquisition of this facility, which is located in a strategically useful central European destination, will help to boost the company's global vaccine production capacity.

Krems is already home to several universities and has a long tradition as an economic centre for bio-pharmaceuticals, giving MSD Animal Health an opportunity to tap into an established scientific community.

MSD Animal Health intends to immediately begin renovating the facility and expects to be ready for production in the coming years.

Joseph Morrissey, senior vice-president for operations at MSD Animal Health, said the site "provides MSD Animal Health additional manufacturing resources and advanced technology platforms to meet the growing demand for our vaccine products that prevent disease and keep animals healthy, while positioning us for strong long-term growth".

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