Corning Announces FDA Approval of Valor® Glass for Packaging of Marketed Drug Product
25 Outubro 2019 - 10:30AM
Corning Incorporated (NYSE: GLW) today announced that a leading
pharmaceutical manufacturer has received FDA approval of Corning
Valor® Glass for use as a primary package for a marketed drug
product.
Valor Glass has been specifically designed for pharmaceutical
applications, and this approval makes Valor Glass the first and
only fundamentally new glass composition to be approved by the FDA
since the advent of borosilicate glass more than 100 years ago.
This innovative glass packaging solution has been designed to
enable superior chemical durability and improve resistance to
breakage, damage, and particulate contamination. These attributes
can help enhance manufacturing productivity by enabling increased
throughput and quality assurance for pharmaceutical
manufacturers.
“We are thrilled to reach this important milestone. This
modernization of glass packaging was made possible through our
strong customer relationships and our shared passion for
life-changing innovations,” said Wendell P. Weeks, Corning
Incorporated chairman, chief executive officer, and president. “We
would also like to recognize the members of the FDA’s Emerging
Technology Team. Their strong support encourages the development
and adoption of innovative technologies like Valor Glass.”
“We believe that Valor Glass is the future of parenteral glass
packaging for manufacturers. This FDA approval is an important
first step on our journey to create a new standard in
pharmaceutical glass packaging. It’s great news for patients, for
the industry, and for Corning,” added Ronald Verkleeren, vice
president and general manager, Corning Pharmaceutical
Technologies.
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StatementsThis press release contains “forward-looking
statements” (within the meaning of the Private Securities
Litigation Reform Act of 1995), which are based on current
expectations and assumptions about Corning’s financial results and
business operations, that involve substantial risks and
uncertainties that could cause actual results to differ materially.
These risks and uncertainties include: the effects of acquisitions,
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to anticipated levels of customer demand; rate of technology
change; ability to enforce patents and protect intellectual
property and trade secrets; adverse litigation; product and
components performance issues; retention of key personnel; customer
ability, most notably in the Display Technologies segment, to
maintain profitable operations and obtain financing to fund their
ongoing operations and manufacturing expansions and pay their
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and the potential impact of legislation, government regulations,
and other government action and investigations.
For a complete listing of risks and other factors, please
reference the risk factors and forward-looking statements described
in our annual reports on Form 10-K and quarterly reports on Form
10-Q. Forward-looking statements speak only as of the day that they
are made, and Corning undertakes no obligation to update them in
light of new information or future events.
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provided by the SEC regarding the use of company websites and
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Incorporated (“Corning”) wishes to notify investors, media, and
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About Corning IncorporatedCorning
(www.corning.com) is one of the world's leading innovators in
materials science, with a more than 165-year track record of
life-changing inventions. Corning applies its unparalleled
expertise in glass science, ceramic science, and optical physics
along with its deep manufacturing and engineering capabilities to
develop category-defining products that transform industries and
enhance people's lives. Corning succeeds through sustained
investment in RD&E, a unique combination of material and
process innovation, and deep, trust-based relationships with
customers who are global leaders in their industries.
Corning's capabilities are versatile and synergistic, which
allows the company to evolve to meet changing market needs, while
also helping our customers capture new opportunities in dynamic
industries. Today, Corning's markets include optical
communications, mobile consumer electronics, display technology,
automotive, and life sciences vessels. Corning's industry-leading
products include damage-resistant cover glass for mobile devices;
precision glass for advanced displays; optical fiber, wireless
technologies, and connectivity solutions for state-of-the-art
communications networks; trusted products to accelerate drug
discovery and delivery; and clean-air technologies for cars and
trucks.
Media Relations Contacts: M.
Elizabeth Dann(607) 974-4989dannme@corning.com
Amy Washco(607)
248-1322washcoa@corning.com
Investor Relations Contact: Ann H.S. Nicholson
(607) 974-6716 nicholsoas@corning.com
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