Remarkable glass innovation enables enhanced quality parenteral packaging
CORNING, N.Y. and DUSSELDORF, GERMANY; JULY 24, 2017 - Corning Incorporated (NYSE: GLW) and Gerresheimer AG announce that they are accelerating the supply of Corning Valor(TM) Glass to the pharmaceutical industry.
Valor Glass is a breakthrough glass container engineered for the storage and delivery of 21 st century injectable drugs. Valor Glass is an unprecedented improvement in glass container quality. Valor Glass's superior strength, chemical durability and damage resistance result in better protection for drug products. Valor Glass also enables increased throughput and higher levels of quality assurance for pharmaceutical companies, and higher-quality medicines for patients. Corning and Gerresheimer have been working together since 2015 to accelerate Corning innovations for the pharmaceutical glass packaging market.
"We are thrilled to be working with Corning on innovations to enhance quality across the industry. Valor Glass is a remarkable Type I glass with outstanding performance on every attribute," said Uwe Röhrhoff , chief executive officer of Gerresheimer.
"Gerresheimer is a long-standing leader in the industry. They've been a terrific collaboration partner, and we're excited to be working with them to bring Valor Glass to the pharmaceutical industry," said Ron Verkleeren, vice president and general manager, Corning Pharmaceutical Technologies .
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About Gerresheimer Gerresheimer is a leading global partner to the pharma and healthcare industries. The company's special glass and plastic products contribute to health and well-being. Gerresheimer is a global organization with 10,000 employees and manufacturing operations in the local markets, close to customers. It has over 40 production facilities in Europe, North and South America and Asia generating revenue in excess of EUR 1.4 billion. The comprehensive product portfolio includes pharmaceutical packaging products as well as convenient and safe drug delivery systems such as insulin pens, inhalers, pre-fillable syringes, vials, ampoules, bottles and containers for liquid and solid pharmaceuticals with closure and safety systems, plus cosmetic packaging products.
About Corning Incorporated Corning ( www.corning.com ) is one of the world's leading innovators in materials science. For more than 160 years, Corning has applied its unparalleled expertise in specialty glass, ceramics, and optical physics to develop products that have created new industries and transformed people's lives. Corning succeeds through sustained investment in R&D, a unique combination of material and process innovation, and close collaboration with customers to solve tough technology challenges. Corning's businesses and markets are constantly evolving. Today, Corning's products enable diverse industries such as consumer electronics, telecommunications, transportation, and life sciences. They include damage-resistant cover glass for smartphones and tablets; precision glass for advanced displays; optical fiber, wireless technologies, and connectivity solutions for high-speed communications networks; trusted products that accelerate drug discovery and manufacturing; and emissions-control products for cars, trucks, and off-road vehicles.
Media Relations Contacts: Elizabeth M. Dann (607) 974-4989 dannme@corning.com
Chelsea Tracy-Zelko (607) 974-4450 tracycr@corning.com Investor Relations Contact: Ann H.S. Nicholson (607) 974-6716 nicholsoas@corning.com
