Nephron Pharmaceuticals expanding its Lexington County facility, adding 125 jobs
Nephron Pharmaceuticals Corporation, a manufacturer of sterile inhalation and 503B outsourcing medications, today announced a $12.5 million expansion to add 36,000 square feet of manufacturing space. The new investment is expected to create 125 new jobs by June.
“The improvement of the facility will help us meet our commitment to solve the critical problem of drug supply shortages impacting healthcare in the United States,” said Nephron Pharmaceuticals Corporation CEO Lou Kennedy.
“Nephron Pharmaceuticals has been an excellent job provider and bastion of economic prosperity for Lexington County. Their new expansion is exciting and encouraging, as it means their good work will continue to produce positive results for people in our state, as well as nationwide,” said Lexington County Council Chairman Todd Cullum
This expansion is a result of tremendous growth in both the Nephron 503B Outsourcing Division, and the existing respiratory therapy drug portfolio. The Outsourcing Division of Nephron is one of the fastest growing 503B facilities in America. 30 new products have been developed in 2017 in an effort to solve the nationwide drug shortage crisis.
In October 2011, the company announced a $313 million facility would be constructed in West Columbia, and 600 employees would be hired by 2017. To date, Nephron has invested more than $320 million, and currently, 640 people are employed. After 20 years in Orlando, Fla., Nephron relocated its headquarters to South Carolina.
“Nephron’s commitment to growing and expanding its operations in West Columbia and investing in South Carolinians is something we are extremely grateful for. We congratulate this fantastic company on the success it’s found here and look forward to seeing it continue for many years to come,” said Gov. Henry McMaster
“Nephron has been a longtime member of Team South Carolina, and we congratulate this great company on today’s announcement. South Carolina continues to blaze a trail in the life science industries, and announcements like this one are a further testament to that.” –Secretary of Commerce Bobby Hitt
“We congratulate our friends at Nephron Pharmaceuticals on today’s announced expansion. We are proud to have the company among our flourishing industries in the Central S.C. region. Nephron’s continued growth within Lexington County speaks to the company’s dedication and commitment to the area and the future of South Carolina.” –Central S.C. Alliance Chairman Mike Brenan
FIVE FAST FACTS
- Nephron Pharmaceuticals Corporation is expanding its Lexington County facility.
- $12.5 million investment to create 125 new jobs.
- Headquartered in West Columbia, S.C., Nephron is a manufacturer of sterile inhalation and 503B outsourcing medications.
- This expansion will add 36,000 square feet of manufacturing space.
- For more information on Nephron, visit www.nephronpharm.com.