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West Expands Dublin Facility to Support High-Volume Injectable Therapies, Including Diabetes and Obesity
Prnewswire· 2026-03-31 15:46
Core Insights - West Pharmaceutical Services, Inc. has opened a new 165,000 square foot facility in Damastown, Dublin, aimed at enhancing its contract services to meet the increasing global demand for high-volume injectable therapies, particularly for diabetes and obesity treatments [1][2]. Group 1: Expansion Details - The new building significantly boosts West's capacity to support drug handling for high-volume injectable therapies, including next-generation GLP-1 treatments [2]. - The expansion includes advanced automation and expanded drug-handling capabilities at a commercial scale, enhancing West's contract capabilities beyond component molding, device assembly, and packaging [2][3]. Group 2: Business Strategy - The expansion is part of West Vantage™, the company's comprehensive contract services business, which offers a single-source solution for product conceptualization, development, device manufacturing, assembly, packaging, validation, analytical testing, and regulatory support [3]. - This integrated approach aims to accelerate time to market for pharmaceutical and biotechnology partners by providing reliable, scalable solutions that support the global supply of life-enhancing and life-saving therapies [3]. Group 3: Company Overview - West Pharmaceutical Services is a leading provider of innovative, high-quality injectable solutions and services, with over 10,000 team members across 50 sites, including 25 manufacturing facilities worldwide [4]. - In fiscal year 2025, the company generated $3.07 billion in net sales and is included in the Standard & Poor's 500 index [4].
West Announces Quarterly Dividend and Share Repurchase Program
Prnewswire· 2026-02-17 21:00
Core Viewpoint - West Pharmaceutical Services, Inc. has declared a quarterly dividend and announced a new share repurchase program, indicating a commitment to returning value to shareholders while maintaining financial flexibility [1]. Dividend Announcement - The Board of Directors declared a regular quarterly dividend of $0.22 per share on the Company's common stock, payable on May 6, 2026, to shareholders of record on April 29, 2026 [1]. Share Repurchase Program - A new share repurchase program has been authorized for the purchase of up to $1 billion of the Company's common stock, with the timing and number of shares to be repurchased dependent on stock price, economic conditions, and regulatory requirements [1]. - The previous share repurchase program was fully utilized before its expiration on December 31, 2025 [1]. Company Overview - West Pharmaceutical Services, Inc. is a leading provider of innovative, high-quality injectable solutions and services, supporting drug developers in the safe delivery of medicines [1]. - The Company generated $3.07 billion in net sales in fiscal year 2025 and operates over 50 sites, including 25 manufacturing facilities worldwide [1].
West to Host Fourth-Quarter and Full-Year 2025 Conference Call
Prnewswire· 2026-01-29 11:00
Company Overview - West Pharmaceutical Services, Inc. is a leading provider of innovative, high-quality injectable solutions and services, supporting both established and emerging drug developers [4] - The company has over 10,000 team members across 50 sites, including 25 manufacturing facilities worldwide, delivering over 41 billion components and devices each year [4] - In fiscal year 2024, West generated $2.89 billion in net sales and is traded on the New York Stock Exchange (NYSE: WST) [5] Upcoming Financial Results - West Pharmaceutical Services will release its fourth-quarter and full-year 2025 financial results before the market opens on February 12, 2026 [1] - A conference call to discuss the results and business expectations will take place at 8:00 a.m. Eastern Time on the same day [1] Investor Engagement - A live webcast of the conference call will be available, and participants must register in advance to ask questions [2] - A slide presentation will be accessible in the Investors section of the company's website on the day of the call, with a replay available for approximately 90 days after the event [3]
West Declares Quarterly Dividend
Prnewswire· 2025-12-10 11:00
Group 1 - West Pharmaceutical Services, Inc. declared a quarterly dividend of $0.22 per share on its common stock, payable on February 4, 2026, to shareholders of record on January 28, 2026 [1] - The company is a global leader in innovative solutions for injectable drug administration, providing high-quality injectable solutions and services [2] - In fiscal year 2024, West generated $2.89 billion in net sales and is included in the Standard & Poor's 500 index [3] Group 2 - West has over 10,000 team members across 50 sites, including 25 manufacturing facilities worldwide, delivering over 41 billion components and devices each year [2] - The company is headquartered in Exton, Pennsylvania, and is traded on the New York Stock Exchange under the ticker symbol WST [3]
West to Host Third-Quarter 2025 Conference Call
Prnewswire· 2025-10-09 10:00
Core Insights - West Pharmaceutical Services, Inc. will release its third-quarter financial results on October 23, 2025, before market opening, followed by a conference call at 8:00 a.m. Eastern Time to discuss the results and business expectations [1][2]. Company Overview - West Pharmaceutical Services, Inc. is a leading provider of innovative, high-quality injectable solutions and services, supporting both established and emerging drug developers [3]. - The company has over 10,000 team members across 50 sites, including 25 manufacturing facilities worldwide, delivering over 41 billion components and devices annually [3]. - In fiscal year 2024, West generated $2.89 billion in net sales and is traded on the New York Stock Exchange (NYSE: WST), being part of the Standard & Poor's 500 index [4].
West to Participate in Upcoming Investor Conferences in September 2025
Prnewswire· 2025-08-21 10:00
Company Overview - West Pharmaceutical Services, Inc. is a global leader in innovative solutions for injectable drug administration, providing high-quality injectable solutions and services [1][2] - The company has over 10,000 team members across 50 sites, including 25 manufacturing facilities worldwide, delivering over 41 billion components and devices each year [1] Financial Performance - In fiscal year 2024, West generated $2.89 billion in net sales [2] Upcoming Events - West will present at multiple investor conferences in September 2025, including: - Wells Fargo 2025 Healthcare Conference on September 3, 2025, in Boston, MA [4] - Deutsche Bank 2025 Healthcare Summit on September 10, 2025, in New York City, NY [4] - Bank of America Global Healthcare Conference on September 24, 2025, in London, UK [4]
West Welcomes Robert McMahon as Incoming Chief Financial Officer
Prnewswire· 2025-07-21 10:00
Core Insights - West Pharmaceutical Services, Inc. has appointed Robert McMahon as the new Chief Financial Officer (CFO), effective August 4, 2025, succeeding Bernard Birkett who is retiring [1][2] - McMahon has a strong background in the healthcare industry, having served as CFO at Agilent Technologies since 2018 and held executive roles at Hologic and Johnson & Johnson [2][3] - The company generated $2.89 billion in net sales in fiscal year 2024 and is a key player in providing innovative injectable solutions [4] Company Overview - West Pharmaceutical Services, Inc. is a leading provider of high-quality injectable solutions and services, supporting drug developers in the safe delivery of medicines [3] - The company operates over 50 sites globally, including 25 manufacturing facilities, and delivers over 41 billion components and devices annually [3] Leadership Transition - Bernard Birkett will transition to the role of Senior Advisor to the CEO until the end of the year to ensure a smooth handover [1] - McMahon expressed enthusiasm about joining West and contributing to its growth and innovation [3]
West to Host Second-Quarter 2025 Conference Call
Prnewswire· 2025-07-08 10:00
Company Overview - West Pharmaceutical Services, Inc. is a leading provider of innovative, high-quality injectable solutions and services, supporting drug developers in ensuring safe and effective delivery of medicines [4] - The company has over 10,000 team members across 50 sites, including 25 manufacturing facilities worldwide, delivering over 41 billion components and devices each year [4] - In fiscal year 2024, West generated $2.89 billion in net sales and is traded on the New York Stock Exchange (NYSE: WST) [5] Upcoming Financial Results - West Pharmaceutical Services will release its second-quarter financial results before the market opens on Thursday, July 24, 2025 [1] - A conference call to discuss the results and business expectations will follow at 8:00 a.m. Eastern Time on the same day [1] Investor Engagement - A live webcast of the conference call will be available, and participants need to register in advance to ask questions [2] - A slide presentation will be accessible in the Investors section of the company's website on the day of the call, with a replay available for approximately 90 days [3]