{"id":20808,"date":"2023-10-26T17:14:04","date_gmt":"2023-10-26T15:14:04","guid":{"rendered":"https:\/\/ggba.swiss\/?p=20808"},"modified":"2023-10-26T17:14:05","modified_gmt":"2023-10-26T15:14:05","slug":"debiopharm-invests-chf-30-million-in-valais-amidst-workforce-surge","status":"publish","type":"post","link":"https:\/\/ggba.swiss\/en\/debiopharm-invests-chf-30-million-in-valais-amidst-workforce-surge\/","title":{"rendered":"Debiopharm invests CHF 30 million in Valais amidst workforce surge"},"content":{"rendered":"\n<p>The pharmaceutical sector in Valais is set for a boost as Debiopharm Research &amp; Manufacturing (<a href=\"https:\/\/www.debiopharm.com\/\">Debiopharm<\/a>) unveils plans for a new Innovation building in Martigny. This major investment comes in tandem with a 33% growth in its workforce in the region.<\/p>\n\n\n\n<p>The groundbreaking ceremony was graced by dignitaries such as Christophe Darbelley, President of the Valais State Council, and representatives from the <a href=\"https:\/\/www.hevs.ch\/en\/schools\/school-of-engineering\/\">Valais School of Engineering<\/a>. The new building, which represents an investment of over CHF 30 million, strengthens Debiopharm&#8217;s ongoing CHF 150 million initiative started in 2000. These investments have largely been directed towards renovating laboratories and modernizing the production plant.<\/p>\n\n\n\n<p>The plant&#8217;s primary product, triptorelin, a proven treatment for conditions such as prostate and breast cancer, as well as precocious puberty, is prescribed in over 90 countries. Thierry Mauvernay, President, and Managing Director of Debiopharm, stated: \u201cWe channel over 90% of our revenues back into innovation, and our ambition extends beyond cancer treatment to the cure of cancer.\u201d<\/p>\n\n\n\n<p>Designed to meet current environmental standards, the new four-story Innovation building will span 2,400 square meters. The facility will be a hub for pioneering oncology research, further bolstering Debiopharm&#8217;s reputation in the pharmaceutical industry.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Rapid expansion and groundbreaking innovations<\/h4>\n\n\n\n<p>Recent growth at Debiopharm&#8217;s Martigny site has been meteoric. C\u00e9dric Sager, CEO of Debiopharm Research &amp; Manufacturing, remarked on the hiring spree, saying: \u201cIn the space of a year, we have taken on more than 50 new employees.\u201d The company projects that its expansion efforts will continue in the coming years, with a significant portion of the new recruits focusing on research and development.<\/p>\n\n\n\n<p>The company&#8217;s dedication to innovation in oncology is evidenced through its collaborations and research breakthroughs. Its <a href=\"https:\/\/ggba.swiss\/en\/hes-so-valais-wallis-and-debiopharm-partner-up-to-battle-cancer\/\">collaboration with the HES-SO Valais-Wallis<\/a> has led to the development of two promising cancer-fighting technologies, Multilink\u2122 and AbYlink\u2122. Clinical trials using these groundbreaking techniques are set to commence as early as next year.<\/p>\n\n\n\n<p>Further strengthening its research credentials, Debiopharm recently committed CHF 1.1 million to a partnership with The School of Engineering\u2019s Institute of Life Science Technologies. This collaboration aims to develop therapeutic conjugates targeting cancer cells, a testament to Debiopharm&#8217;s commitment to innovative treatments that minimize side effects.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Debiopharm Research &#038; Manufacturing has announced an investment of over CHF 30 million in a Martigny lab expansion as staff numbers rise from 150 to 200 in a year.<\/p>\n","protected":false},"author":6,"featured_media":20809,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"mc4wp_mailchimp_campaign":[],"footnotes":""},"categories":[833],"tags":[912,918,883,911,886],"class_list":["post-20808","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-life-science","tag-biotech","tag-investment","tag-oncology","tag-pharma","tag-rd"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - 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