West Pharmaceutical Services

Short description: American healthcare company

West Pharmaceutical Services, Inc.

Type| Public

Traded as

* NYSE: WST
* S&P 500 component

Industry| Medical devices
Pharmaceuticals
Founded| 1923
Headquarters| Exton, Pennsylvania, U.S.

Key people

| Eric M. Green (CEO since 2015)

[1]

Silji Abraham (CDO since 2018)[1]

Bernard J. Birkett (CFO since 2018)[1]

Annette F. Favorite (CHRO since 2015)[1]

Quintin J. Lai (Corporate Development, Strategy and Investor Relations since 2016)[1]

George L. Miller (GC and CS since 2015)[1]

David A. Montecalvo (COO and SCO since 2019)[1]

Eric Resnick (CTO since 2016)[1]
Revenue| US$1,849.9 million (2019)[1]

Operating income

| US$296.6 million (2019)[1]

Net income

| US$241.7 million (2019)[1]

Number of employees

| 8,200 (2019)[1]
Website| westpharma.com

West Pharmaceutical Services, Inc. is a designer and manufacturer of injectable pharmaceutical packaging and delivery systems. Founded in 1923 by Herman O. West and J.R. Wike of Philadelphia, the company is headquartered in Exton, Pennsylvania. In its early years of development, West produced rubber components for packaging injectable drugs, providing a sterile environment for the producers of penicillin and insulin.

## Overview

West manufactures components and systems for injectable drug delivery and plastic packaging, and delivery system components for the healthcare and consumer products markets.[2] In 2019, the company reported US$1,849.9 million in sales.[1]

On January 29, 2003, an accumulation of combustible polyethelene powder caused an explosion at a West rubber-manufacturing plant in Kinston, North Carolina.[3]

In 2005, West acquired The Tech Group, Scottsdale, Ariz.[4] and Medimop Medical Projects Ltd., Ra’anana, Israel.[5]

## References

1. ↑ 1.00 1.01 1.02 1.03 1.04 1.05 1.06 1.07 1.08 1.09 1.10 1.11 1.12 West Pharmaceutical Services (2019). "Annual Report 2019". West Pharmaceutical Services. https://investor.westpharma.com/static-files/365eca5d-5550-4c4f-bfb5-1231f6d49e07.
2. ↑ Armstrong, Mike (December 24, 2010). "PhillyInc: Comings and goings of local firms' HQs". Philly.com. http://articles.philly.com/2010-12-24/business/26356196_1_headquarters-west-pharmaceutical-services-new-office-space.
3. ↑ "Investigation Digest: Dust Explosion at West Pharmaceutical Services". U.S. Chemical and Safety Hazard Investigation Board. April 2005. http://www.csb.gov/assets/document/West_Digest.pdf.
4. ↑ Thompson, Heather (August 1, 2005). "Acquisition Puts West Pharmaceuticals and The Tech Group on Same Page". MDDI Online. http://www.mddionline.com/article/acquisition-puts-west-pharmaceuticals-and-tech-group-same-page.
5. ↑ "West Pharmaceutical buys Medimop for $41.8m". Globes. http://www.globes.co.il/en/article-931101.

## External links

Official website

* Business data for West Pharmaceutical Services Inc.:

* Google Finance
* Yahoo! Finance
* Bloomberg
* Reuters
* SEC filings

0.00

(0 votes)

Original source: https://en.wikipedia.org/wiki/West Pharmaceutical Services. Read more

|

Retrieved from "https://handwiki.org/wiki/index.php?title=Company:West_Pharmaceutical_Services&oldid=71960"