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IPR Pharmaceuticals and Puerto Rico

Our history

IPR Pharmaceuticals launched its Puerto Rico operations in 1986 with the establishment of our first plant in Carolina. We quickly demonstrated our ability to excel in this environment and in 1992 inaugurated the Guayama plant to manufacture the active ingredients for some of the company's leading products.

In 1998, we acquired the Canóvanas facilities of the Chiron Corporation in order to expand our capacity to manufacture, package and distribute medicines to patients around the world. Once the permitting phase was completed, we began construction of the manufacturing plant and support facilities and the site was officially inaugurated in March 2004.

IPR Pharmaceuticals' total investment in our Canóvanas and Carolina plants now exceeds $650 million.

Our products

The Canóvanas plant manufactures the cholesterol-reducing drug Crestor and Casodex, used in the treatment of prostate cancer. In addition, the new plant handles the packaging and distribution of all the other AstraZeneca products that are made in Puerto Rico. The other products, which are manufactured in IPR's Carolina plant, are the asthma medication Accolate; the beta-blockers Tenormin and Tenoretic; the ACE inhibitors Zestril and Zestoretic; and Zomig, used in the treatment of migraines.

A strong commitment to Puerto Rico

Along the way, we have maintained a solid commitment to the preservation of the environment and the wellbeing of the communities that surround us. In Canóvanas, we designed the plant in a way that protects the surrounding beauty of the marshlands for future generations, while in Guayama we have been active conservationists, preserving a 10-acre habitat of rare silk cotton trees and other flora and fauna. We have shared these marvelous gifts of nature with the community, conducting tours for schoolchildren and other interested parties and opening the site to researchers.

A value-driven organization

We value the innovation, hard work, creativity, integrity, energy, leadership and unbending commitment to quality that characterize our people. We encourage our people to develop their individual talents and we build our operation on their strengths. Their collective work brings outstanding results in every aspect of the operation. After all, we are in the business of making life better for the human family.

AstraZeneca PLC: Seeking remedies for a better life

AstraZeneca ranks among the world's leading pharmaceutical companies. Backed by our strong research base and extensive manufacturing and commercial skills, we provide innovative, effective medicines designed to fight disease in important areas of medical need.

The company has a powerful product portfolio, including many world leaders and a range of high potential therapies for treating cancer (Casodex, Arimidex, Faslodex and Iressa), gastrointestinal disease (Nexium), asthma (Symbicort), hypertension (Atacand), high cholesterol (Crestor), migraine (Zomig) and schizophrenia (Seroquel).

We spend over $14 million each working day (a total of $3.5 billion in 2003) on research and development to maintain a flow of new products, which meet the needs of patients and the healthcare professionals who treat them.

AstraZeneca has a global presence: we sell our products in over 100 countries, manufacture in 20 countries and have research centers in 7 countries. We employ more than 60,000 persons worldwide.

In 2003, sales totaled $18.8 billion, generating an operating profit of $4.1 billion.

With a global business comes a global responsibility and, along with our commitment to competitiveness and performance, we will continue to be led by our core values to achieve sustainable success.

IPR Pharmaceuticals, Inc. address is:
Road 188, Lot 17, San Isidro Industrial Park,
Canóvanas, PR 00729
Telephone Numbers: (787) 957-1400; (787) 876-1444
Fax (787) 957-1001


IPR Pharmaceuticals, Inc. postal address is:
P.O. Box 1624
Canóvanas, PR 00729

Diversity ensures the success of our science, our careers, and our lives. IPR Pharmaceuticals, Inc. is proud to be an Equal Employment Opportunity Employer.

 




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