Cambrex announced it is investing in anew, 21,000-square-foot research and development facility in Minneapolis, Minnesota, expanding its capacity for small molecule development and manufacturing. Strategically located near the Minneapolis–St. Paul Airport, the new facility will specialize in analytical and chemical development for pharmaceutical drug candidates and will operate as an extension of Cambrex's facility in Charles City, Iowa.

Cambrex is expected to add approximately 40 new jobs over the next 2-3 years at the new site in Minneapolis. Cambrex will simultaneously launch a multi-phase, 9,000-square-foot expansion and 21,000-square-foot renovation project in Charles City, Iowa. The expansion will add anew quality control laboratory and administrative office space, which will bring 40 new jobs at the site.

The expansive renovations will enhance and modernize the existing quality control and research and development facilities. The Iowa Economic Development Authority (IEDA) board awarded the company tax benefits and $300,000 in direct financial assistance to support the expansion through the High Quality Jobs (HQJ) program. This investment follows an earlier $50 millionexpansion in Charles City that was completed in the first quarter of 2022, establishing Cambrex as the largest, most advanced active pharmaceutical ingredient (API) manufacturing site in the United States.

The facility is located on a 45-acre property and produces a wide range of APIs and pharmaceutical intermediates, including highly potent molecules and controlled substances.