{"id":26866,"date":"2017-09-05T13:45:56","date_gmt":"2017-09-05T11:45:56","guid":{"rendered":"http:\/\/www.expo21xx.com\/news\/?p=26866"},"modified":"2017-09-05T13:45:56","modified_gmt":"2017-09-05T11:45:56","slug":"merck-pfizer-collaborate-corning-modernize-pharmaceutical-glass-packaging","status":"publish","type":"post","link":"https:\/\/www.expo21xx.com\/news\/merck-pfizer-collaborate-corning-modernize-pharmaceutical-glass-packaging\/","title":{"rendered":"Merck and Pfizer Collaborate with Corning to Modernize Pharmaceutical Glass Packaging"},"content":{"rendered":"<div class=\"date-optional-head\">\n<div id=\"attachment_26867\" class=\"wp-caption alignright\" style=\"width: 350px\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-26867\" src=\"http:\/\/www.expo21xx.com\/news\/wp-content\/uploads\/corning_laser_merck-350x182.jpg\" alt=\"\" width=\"350\" height=\"182\" srcset=\"https:\/\/www.expo21xx.com\/news\/wp-content\/uploads\/corning_laser_merck-350x182.jpg 350w, https:\/\/www.expo21xx.com\/news\/wp-content\/uploads\/corning_laser_merck-149x77.jpg 149w, https:\/\/www.expo21xx.com\/news\/wp-content\/uploads\/corning_laser_merck.jpg 600w\" sizes=\"auto, (max-width: 350px) 100vw, 350px\" \/><p class=\"wp-caption-text\"><i>Photo by Corning Incorporated<\/i><\/p><\/div>\n<p><strong>Collaborations result in development of Corning Valor\u2122 Glass; drive significant U.S. investment and job creation<\/strong><\/p>\n<\/div>\n<div class=\"description\">\n<div class=\"rte-reset\">\n<p><b>The White House Office of American Innovation facilitates cross-industry technology collaboration and U.S. investment\u00a0<\/b><\/p>\n<p>Merck\u00a0(NYSE: MRK),\u00a0Pfizer\u00a0(NYSE: PFE) and\u00a0Corning Incorporated\u00a0(NYSE: GLW) announced collaborations that have enabled the modernization of pharmaceutical packaging with the introduction of\u00a0Corning Valor\u2122 Glass. This innovative pharmaceutical glass packaging solution enhances the storage and delivery of today\u2019s drug formulations and offers more reliable access to medicines essential to public health.<\/p>\n<p>Deep pharmaceutical formulation and manufacturing process insights from Merck and Pfizer, combined with Corning\u2019s glass science and precision forming capabilities helped deliver an exceptional glass packaging solution for injectable drugs in vials and cartridges. The companies\u2019 continued collaborations will focus on additional evaluations and the deployment of this new innovation.<\/p>\n<p>Corning Valor Glass packaging offers superior chemical durability, strength and damage resistance. These qualities enable increased throughput and more reliable access to state-of-the-art medicines for patients, while maintaining a high level of quality assurance for pharmaceutical companies.<\/p>\n<p>The White House Office of American Innovation has encouraged this initiative as a model of cross-industry technology collaboration and economic investment.\u00a0President Donald J. Trump\u00a0said, <em>\u201cMy administration is committed to streamlining the regulatory process so that it\u2019s easier for companies to invest and innovate here in America. Today, I\u2019m pleased to recognize Merck, Pfizer, and Corning for collaborating to modernize pharmaceutical glass packaging with Valor Glass and bring important manufacturing jobs to the United States.\u201d<\/em><\/p>\n<p>As a result of Merck and Pfizer\u2019s commitment to improving glass quality and promising results from their initial testing, Corning is making an initial investment of $500 million and creating 1,000 new U.S. jobs as the first part of a planned investment of $4 billion and 4,000 new high-tech jobs.<\/p>\n<p>Kenneth C. Frazier, Merck\u2019s chairman and chief executive officer, said, \u201cMerck is proud to have participated from its inception in the development of Valor Glass with Corning. Biologics today are on the leading edge of scientific innovation, and Valor Glass represents a similar advancement in materials science:\u00a0glass that is purpose-built for medicines and vaccines. Merck plans to convert several injectable products to this exceptional new glass packaging solution, pending appropriate regulatory approvals.\u201d<\/p>\n<p><em>\u201cWe joined forces with Corning to advance this revolutionary new glass for medicines that are critical to patients. Our initial trial results with Valor Glass show promise, and we are working with Corning to assess the full potential of this glass solution on products at several of our manufacturing sites,\u201d<\/em>\u00a0Ian C. Read, Pfizer\u2019s chairman and chief executive officer, said.<\/p>\n<p>Wendell P. Weeks, Corning Incorporated\u2019s chairman, chief executive officer, and president said,<em> \u201cMaking this next-generation product requires a new, advanced manufacturing platform, and we plan to build that platform right here in the United States. All of this is made possible by our great customers like Merck and Pfizer and the strong support of the Administration, the Office of American Innovation, and the FDA\u2019s Emerging Technology Team. We believe this is great news for patients, for the industry, and for the economy.\u201d<\/em><\/p>\n<p>For more information visit:\u00a0<a href=\"http:\/\/www.corning.com\">www.corning.com<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Collaborations result in development of Corning Valor\u2122 Glass; drive significant U.S. investment and job creation The White House Office of American Innovation facilitates cross-industry technology collaboration and U.S. investment\u00a0 Merck\u00a0(NYSE: MRK),\u00a0Pfizer\u00a0(NYSE: PFE) [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":26868,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[352],"tags":[640,260,500,96],"class_list":["post-26866","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-vision-camera","tag-laser","tag-pharmaceutical-applications","tag-pharmaceutical-industry","tag-vision"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - 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