The Ritedose Corporation success story Pharmaceutical success fuels innovation & expansion
Since opening its facility in 1995, The Ritedose Corporation has led the industry in the aseptic production of sterile, single-dose medication, serving the contract development manufacturing, generics and 503B outsourcing markets. Liquid pharmaceutical solutions for the ophthalmic and respiratory markets are formulated, filled and packaged for distribution with state-of-the-art sterile “blow-fill-seal” (BFS) technology.
expansion
doses of critical medications since 2012
customer retention
from formulation to shipment
South Carolina supports life sciences expansion
Ritedose announced plans in 2022 to expand operations in Richland County. The company’s $81 million investment is to create 94 new jobs and expand their existing facility to provide manufacturing capabilities for 400 million additional doses. The company works locally with economic development partners like the Columbia Area Development Partnership and at the state level with SCbio (South Carolina’s life sciences economic development organization). The SC Coordinating Council for Economic Development approved job development credits related to this project and awarded a $500,000 Set-Aside grant to Richland County to assist with the costs of building improvements.
Scaling innovation for best-in-class partners
Recently, Ritedose partnered with Tenpoint Therapeutics, Ltd. to manufacture YUVEZZI™ (carbachol and brimonidine tartrate ophthalmic solution) 2.75%/0.1%, the first and only dual-agent eye drop FDA-approved for the treatment of presbyopia. Proven execution, supply chain security and rigorous standard of quality were cited as reasons for the selection of Ritedose for this national launch.
“Columbia, SC is unique with access to international airports, the Port of Charleston—which helps with supply chain operations—and its proximity to the University of South Carolina's School of Pharmacy and Clemson University.”
Company backgrounder
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