Patheon establishes European headquarters in Switzerland

Published: 7-Nov-2008

Patheon, a global provider of drug development and manufacturing services, has opened new headquarters for its European operations in Zug, Switzerland.


Patheon, a global provider of drug development and manufacturing services, has opened new headquarters for its European operations in Zug, Switzerland.

The new headquarters will manage the company's commercial and pharmaceutical development services sales, marketing and customer support activities in Europe. Certain support functions, such as procurement and supply chain, will also be managed in Zug.

"Patheon has grown rapidly in Europe through acquisition and organic growth, with sites located in France, Italy, and the UK," said Wes Wheeler, ceo and president, Patheon Inc. "By moving key European managers to a regional headquarters and centralising the key business functions in one distinct location, Patheon will be more nimble to accelerate growth in the region, enhance profitability and ultimately better serve our clients."

Zug is already home to the Swiss or European headquarters of many large pharmaceutical and biotechnology companies and the region is a hub of European biotechnology and pharmaceutical innovation, he added.

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