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Article: ALK-Abello unit readies for growth
- Article from:
- Journal of Business
- Article date:
- May 29, 2008
- Author:
CopyrightCopyright Northwest Business Press Inc. May 29, 2008. Provided by ProQuest LLC. (Hide copyright information)
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ALK-Abello Source Materials Inc., the allergen supplier that includes the former Biopol Laboratories Inc. operation here, says it's gearing up for a significant increase in demand for the raw materials it produces as its Danish parent rolls out a new allergy medication line.
The company was formed in January when Biopol was merged with Pennsylvania-based Vespa Laboratories Inc., which had owned the Spokane company since 1999 and is a unit of Danish pharmaceutical giant ALK- Abello Group. The newly merged ALK- Abello subsidiary is based in Spring Mills, Pa., but continues to have significant operations here.
Those operations are slated to grow significantly in coming years. The company ...