Chairman of the Welsh Development Agency Roger Jones joined the employees of Brecon Pharmaceuticals at an event to celebrate a major year of achievement for the specialist pharmaceutical packaging company.
Roger Jones began the day at Brecon’s Wye Valley Business Park site by unveiling a plaque to officially open the company’s new production area, which has enabled the installation of new high speed automated packaging lines.
Following the ceremony, Roger Jones joined Brecon’s staff for a reception at The Swan Hotel in Hay-on-Wye to celebrate not only the official opening but also to mark what has been a remarkable year of achievement for the business.
During the year Brecon became one of the first companies in its field to be given compliance approval by the Medicines and Healthcare products Regulatory Agency (MHRA) for the packaging, storage and distribution of investigational medicinal products. The company was also awarded the Investors in People standard in recognition of its commitment to training and development. Most recently, Brecon gained a further major boost, receiving the go-ahead to double the size of its existing site in Hay-on-Wye. The new development, which is scheduled for completion at the end of 2004, is likely to create over 100 new jobs, underscoring Brecon’s commitment as the largest employer in the area.
During the celebrations Chief Executive John Bath thanked staff for their vital contribution to the business’ success. He said, “This has been an exceptional year of growth for the company and it could not have been achieved without the commitment and support of our people. We already have new production and warehousing capabilities already commissioned, and the approved building plans for the new state-of-the-art facility will enable us to achieve our goal of becoming the most valued provider of outsourced services to the pharmaceutical industry. These are exciting times indeed.”
Commenting on Brecon’s developments Roger Jones said: “The growth of Brecon Pharmaceuticals is exactly the sort of development we need. The company plays a vital part in driving forward success in a key growth sector. I am delighted to welcome the expansion of this flagship company here in the shadow of the Black Mountains.”
He added: “Pharmaceuticals and the bioscience sector are now the fastest growing sector of the British economy; and it’s my ambition to see Wales playing a growing role, including our rural areas. In this country of under three million people, we have 225 bioscience companies, which between them employ around 10,000 people. We haven’t always been in the front line – but I’m glad to say that Wales is now growing a strong and dynamic sector.”