{"id":1004148715,"date":"2016-07-26T02:26:56","date_gmt":"2016-07-26T10:26:56","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004148715"},"modified":"2022-03-07T01:26:35","modified_gmt":"2022-03-07T09:26:35","slug":"quva-adds-new-jersey-manufacturing-facility","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/quva-adds-new-jersey-manufacturing-facility\/","title":{"rendered":"QuVa Adds New Jersey Manufacturing Facility"},"content":{"rendered":"

By Alex Girda<\/p>\n

New York<\/strong>\u2014Recently formed platform QuVa Pharma<\/a> has announced that it is acquiring a biotech pharmaceutical facility<\/a> in New Jersey. As a result, the company will add to the two manufacturing facilities that it currently operates in Texas. Dealing mostly with sterile compounding pharmacy services, the company was recently given a shot in the arm in the form a Bain Capital Private Equity<\/a> majority equity commitment meant to fuel its expansion.<\/p>\n

\"Stuart<\/a>

Stuart Hinchen – QuVa Pharma Founder & CEO<\/p><\/div>\n

Located near Route 78, with close proximity to the I-95 corridor and easy access to the Newark Liberty International Airport, the new facility totals 160,000 square feet of space. The asset\u2019s position is key to QuVa\u2019s investment. \u201cBy deliberately establishing our presence at the confluence of robust interstate commerce, we are ensuring that major hospitals and health systems have access to a high-quality alternative for compounded drugs,\u201d QuVa Pharma Founder & CEO Stuart Hinchen noted in a statement.<\/p>\n

Slated to begin operations at full capacity in mid-2017, the facility will undergo changes that will bring it in line with FDA requirements for sterile manufacturing. The owner expects to add around 100 new employees as soon as the facility is operational. Given its position, the facility will offer QuVa access to Pennsylvania and Ohio to the West, New York to the East, New England to the North, as well as D.C. and Southeastern markets.<\/p>\n

Image via LinkedIn<\/em><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

The new asset will allow the company to expand into the Northeast markets. <\/p>\n","protected":false},"author":41,"featured_media":1004148716,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,21754,1600,21742,10],"tags":[],"class_list":["post-1004148715","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-medical-office","category-new-york","category-latest","category-northeast"],"acf":[],"yoast_head":"\nQuVa Adds New Jersey Manufacturing Facility - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/quva-adds-new-jersey-manufacturing-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"QuVa Adds New Jersey Manufacturing Facility\" \/>\n<meta property=\"og:description\" content=\"The new asset will allow the company to expand into the Northeast markets.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/quva-adds-new-jersey-manufacturing-facility\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-07-26T10:26:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-07T09:26:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/07\/Stuart-Hinchen-QuVa-Pharma-Founder-CEO.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"300\" \/>\n\t<meta property=\"og:image:height\" content=\"300\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Alex Girda\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/quva-adds-new-jersey-manufacturing-facility\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/quva-adds-new-jersey-manufacturing-facility\\\/\"},\"author\":{\"name\":\"Alex Girda\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/540f0253de89dedaae7684239611b81c\"},\"headline\":\"QuVa Adds New Jersey Manufacturing Facility\",\"datePublished\":\"2016-07-26T10:26:56+00:00\",\"dateModified\":\"2022-03-07T09:26:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/quva-adds-new-jersey-manufacturing-facility\\\/\"},\"wordCount\":252,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/quva-adds-new-jersey-manufacturing-facility\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/07\\\/Stuart-Hinchen-QuVa-Pharma-Founder-CEO.jpg\",\"articleSection\":[\"Deals\",\"Investment\",\"Medical Office\",\"New York\",\"News\",\"Northeast\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/quva-adds-new-jersey-manufacturing-facility\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/quva-adds-new-jersey-manufacturing-facility\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/quva-adds-new-jersey-manufacturing-facility\\\/\",\"name\":\"QuVa Adds New Jersey Manufacturing Facility - 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