Will this terrific company be at the heart of the vaccine delivery?
This excellent company’s products are a small but essential part of the healthcare industry. While it meets many of the key criteria that investors should be looking for, the valuation might look too rich for some. However, as vaccines are rolled out around the world, this company will probably have a hand in the delivery.
Founded in Philadelphia in 1923, West Pharmaceutical Services, Inc. (US:WST) is a little-known but leading manufacturer of packaging components and delivery systems for injectable drugs and healthcare products, commanding a whopping 70% of its market.Vast range of products Producing over 100 million components and devices from its 25 manufacturing plants every day, West’s Proprietary Products include: - Stoppers and seals for injectable packaging systems: to help ensure drug compatibility and stability - Syringe and cartridge components: including custom solutions for the specific needs of injectable drug applications - Self-injection systems: innovative, patient-centric technologies that are easy to use and can…