Vetter Pharma-Fertigung GmbH & Co. KG have announced the establishment of a new subsidiairy, Vetter Pharma International GmbH (VPI). The launch is scheduled for April 1st 2009. Peter Sölkner will be the Managing Director and is one of three Vetter managers appointed since June 2008. The Vetter Pharma International GmbH headquarters will be based in Ravensburg, Germany; and Vetter Pharma International USA Inc. will be located in Yardley, PA.
The establishment of the new subsidiaries allows the Ravensburg-based company to strengthen sales, marketing and customer service on a global level and to move significantly closer to the international market. Vetter Pharma-Fertigung will focus exclusively on the company’s manufacturing operations. According to information from company representatives, the company hopes that the structural innovation with two highly specialised entities will secure continued growth and expansion in this dynamic industrial sector.