Boronia-based IDT Australia has won the Growth Sector – Medical Technologies and Pharmaceuticals category award at the 2017 Victorian Manufacturing Hall of Fame.
Member for Eastern Metropolitan Region Shaun Leane today congratulated the team at IDT Australia for their outstanding achievement.
“Companies like IDT Australia Limited are helping Victoria become a hub for advanced manufacturing, driving economic activity and creating local jobs,” said Mr Leane.
“The future of manufacturing in Victoria looks bright and through the Victorian Manufacturing Hall of Fame Awards we are celebrating excellence in this important sector."
IDT Australia Limited is a publicly listed Australian pharmaceutical manufacturing company that has been involved in the development and production of pharmaceutical products for local and international markets for over 30 years.
The company specialises in high-containment, high-potency manufacturing of active pharmaceutical ingredients and finished drug products – including tablets, capsules and injectables, microbiological and analytical testing.
In receiving the award, IDT’s chair Graeme Kaufman said, “We are honoured to receive this award from the Minister of Industry and Employment, The Hon. Wade Noonan MP. The Victorian Government has been and continues to be a strong supporter of IDT Australia’s efforts to develop and grow our advanced pharmaceutical manufacturing business.”
In the last 12 months, IDT Australia Limited has successfully undertaken projects for international companies with products bound for the US, Europe, Japan and other global markets.
The Manufacturing Hall of Fame Awards, which were established in 2001, recognise individuals and companies who embrace new technologies and manufacturing techniques, are export focused and excel in business innovation.
Victoria’s world-class manufacturing industry contributes around $26 billion to the State’s economy each year and employs more than 270,000 people.