Cambrex, a leading global contract development and manufacturing organization (CDMO), today announced a $120 million investment to expand its U.S. operations, addressing increased demand for API development and manufacturing, and accelerating the company's leadership role in the fast-growing peptide therapeutics market.

"Our customers, in partnership with federal and state agencies, are reshoring drug manufacturing in the U.S., the world's largest pharmaceutical market. Local API production is vital for supply chain security and resilience, and Cambrex will play a key role. We are seeing very strong demand from our customers to partner with Cambrex to utilize this expanded capacity," commented Thomas Loewald, CEO of Cambrex.

The $120 million investment will support a 40% increase in the Charles City, Iowa site's large-scale manufacturing capacity, reaching nearly one million liters. The Charles City facility, situated on a 45-acre site, manufactures a broad range of APIs and pharmaceutical intermediates, including highly potent molecules and controlled substances.

"With rising demand for U.S.-based supply chains for critical therapies, Cambrex is focused on supporting the long-term stability of pharmaceutical manufacturing in the United States," Loewald added. "The investment in our Charles City facility, the nation's largest independent API manufacturing site, reflects our commitment to meeting clients' evolving needs for small molecule and peptide manufacturing."