MONTREAL, Aug. 29,
2024 /CNW/ - AtkinsRéalis Group Inc. (TSX: ATRL), a
world-class engineering services and nuclear company with offices
around the world, has won a mandate from Jubilant HollisterStier, a
leading global pharmaceutical contract manufacturer, to provide
detailed design for the expansion of their sterile injectable
facility in Montreal as part of
Canada's Biomanufacturing and Life
Sciences Strategy pandemic preparedness plan to domestically
manufacture and supply vaccines.
"Our life sciences and pharmaceutical capabilities are in demand
and helping improve health outcomes in the communities we serve,"
commented Ian L. Edwards, President
and Chief Executive Officer, AtkinsRéalis. "We operationalize our
purpose of engineering a better future for our planet and its
people by working with clients in this space to ramp up their
facilities to deliver cutting-edge medicine in a post-pandemic
world. Having completed prior phases of work on this project for
Jubilant HollisterStier, this new mandate is an endorsement of the
quality of our service level, innovation, and expertise."
AtkinsRéalis' Industrial team will provide an integrated
end-to-end solution for this phase of the project, including
design and professional engineering services for the facility and
its manufacturing processes. Previous project mandates by
AtkinsRéalis included concept design and preliminary engineering.
The new spaces are expected to be operational by late 2026.
Strengthening Canada's
Medical Resilience
The upgrades to the facility will increase its "fill and finish
capacity" by over 100%.1 Fill and finishing refers to
the process of filling vials with vaccine and finishing the process
of packaging and labelling the vaccines for distribution. Expanding
the already 40,000 sq. ft facility will create a world-class
sterile manufacturing site, offering a wide range of fill and
finish capabilities with flexibility in format, type (live, mRNA,
and inactivated/subunit) and batch sizes. This flexible
manufacturing platform is important as it will allow the facility
to address future health emergencies by producing multiple forms of
vaccines for various diseases, whether existing or novel.
"Being chosen to support a project that will strengthen Canadian
biomedical self-sufficiency to better position the country for
future global health events is a privilege," said Stéphanie
Vaillancourt, President, Canada,
AtkinsRéalis. "Building on our previous life sciences mandates
across Canada, this project
showcases our expertise assisting clients with their hi-tech
manufacturing needs in the global economy."
The facility's expansion will generate contract development and
manufacturing activities for other Quebec biopharmaceutical companies across the
life sciences supply chain. Jubilant HollisterStier's expansion is
partially funded by the Government of Canada's Strategic Innovation Fund, as well as
by the province of Quebec.2
Growing Life Sciences & Pharmaceutical
Market
The global race to re-shore advanced manufacturing facilities
for vaccines, semi-conductors and more is driving a generational
shift in demand for industrial construction, logistics and
automation. AtkinsRéalis' end-to-end service spans advisory
and concept design, to full engineering, procurement, construction
and project management, and continues in to commissioning and
training services.
Our Industrial market has deep experience in the life
sciences & pharmaceuticals, advanced/hi tech manufacturing, and
general manufacturing spheres across a diverse range of sectors
including: pharmaceuticals, biotechnology, food and beverage,
chemicals, agrifood & AgriChem, semiconductor/microchip,
automotive, EV battery, logistics, data centres, and district
cooling. This includes delivering projects such as:
- WuXi STA new greenfield cGMP API Manufacturing facility in
Singapore
- Medicom N95 Mask Facility in Montreal
- Medicom PPE facility in Northampton
- GSK Vaccine Production Facility Upgrade in Quebec City3
- New vaccine manufacturing complex in Incheon for Crucell
Korea4
- Poultry vaccine manufacturing facility for Ceva Animal Health
in Kansas 5
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Jubilant Pharmova
Limited,
https://www.jubilantpharmova.com/Uploads/image/2252imguf_jpm-stock-exchange-disclosure-march-16-2023.pdf
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2
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Jubilant Pharmova
Limited,
https://www.jubilantpharmova.com/Uploads/image/2252imguf_jpm-stock-exchange-disclosure-march-16-2023.pdf
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3
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AtkinsRéalis
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4
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AtkinsRéalis
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5
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AtkinsRéalis
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About AtkinsRéalis
Created by the integration of long-standing organizations
dating back to 1911, AtkinsRéalis is a world-class engineering
services and nuclear company dedicated to engineering a better
future for our planet and its people. We create sustainable
solutions that connect people, data and technology to transform the
world's infrastructure and energy systems. We deploy global
capabilities locally to our clients and deliver unique end-to-end
services across the whole life cycle of an asset including
consulting, advisory & environmental services, intelligent
networks & cybersecurity, design & engineering,
procurement, project & construction management, operations
& maintenance, decommissioning and capital. The breadth and
depth of our capabilities are delivered to clients in strategic
sectors such as Engineering Services, Nuclear and Capital.
News and information are available at
www.atkinsrealis.com or follow us on
LinkedIn.
Forward-Looking Statements
References in this press release to the "Company",
"AtkinsRéalis", "we", us" and "our" mean, as the context may
require, AtkinsRéalis Group Inc. or all or some of its subsidiaries
or joint arrangements or associates. Statements made in this press
release that describe the Company's expectations or strategies
constitute "forward-looking statements", which can be identified by
the use of the conditional or forward-looking terminology such as
"estimates", "expects", "forecasts", "intends", "may", "objective",
"plans", "projects", "should", "will", "likely", or other
variations thereon. Forward-looking statements also include any
other statements that do not refer to historical facts. The Company
cautions that, by their nature, forward-looking statements involve
risks and uncertainties, and that its actual actions or results
could differ materially from those expressed or implied in such
forward-looking statements. Forward-looking statements are
presented for the purpose of assisting investors and others in
understanding certain key elements of the Company's current
objectives, strategic priorities, expectations and plans, and in
obtaining a better understanding of the Company's business and
anticipated operating environment. Readers are cautioned that such
information may not be appropriate for other purposes.
Forward-looking statements made in this press release are based on
a number of assumptions believed by the Company to be reasonable as
at the date hereof. The assumptions are set out throughout the
Company's 2023 annual management disclosure & analysis
("MD&A") (particularly in the sections entitled "Critical
Accounting Judgments and Key Sources of Estimation Uncertainty" and
"How We Analyze and Report our Results") filed with the securities
regulatory authorities in Canada,
available on SEDAR+ at www.sedarplus.com and on the
Company's website at www.atkinsrealis.com under the "Investors"
section. If these assumptions are inaccurate, the Company's actual
results could differ materially from those expressed or implied in
such forward-looking statements. In addition, important risk
factors could cause the Company's assumptions and estimates to be
inaccurate and actual results or events to differ materially from
those expressed in or implied by these forward-looking statements.
Those risks are identified in the Company's 2023 annual MD&A
(particularly in the sections entitled "Risk and Un certainties"),
as updated in the first and second quarters 2024 MD&A, are not
exhaustive. The forward-looking statements herein reflect the
Company's expectations as at the date of this press release and are
subject to change after this date. The Company does not undertake
to update publicly or to revise any such forward-looking statements
whether as a result of new information, future events or otherwise,
unless required by applicable legislation or regulation. The
forward-looking information and statements contained herein are
expressly qualified in their entirety by this cautionary
statement.
SOURCE AtkinsRéalis