WEBVTT

00:00:03.370 --> 00:00:04.437
GERRY:

00:00:04.504 --> 00:00:05.672
THE EVONIK MANUFACTURING

00:00:05.739 --> 00:00:07.006
FACILITY IN LAFAYETTE IS ONE OF

00:00:07.073 --> 00:00:08.041
THE COMPANY'S LARGEST IN THE

00:00:08.108 --> 00:00:09.576
WORLD, AND THE GERMANY-BASED

00:00:09.642 --> 00:00:11.444
MANUFACTURER RECENTLY ANNOUNCED

00:00:11.511 --> 00:00:13.279
PLANS TO MAKE IT EVEN BIGGER.

00:00:13.346 --> 00:00:14.314
BUSINESS OF HEALTH REPORTER

00:00:14.381 --> 00:00:18.451
KYLIE VELETA HAS MORE.

00:00:18.518 --> 00:00:20.186
>> THANK YOU, GERRY.

00:00:20.253 --> 00:00:20.887
PROMPTED IN PART BY EVONIK'S

00:00:20.954 --> 00:00:22.021
WORK IN COVID VACCINES, THE U-S

00:00:22.088 --> 00:00:23.256
GOVERNMENT IS FOOTING MOST OF

00:00:23.323 --> 00:00:29.496
THE BILL FOR A

00:00:29.562 --> 00:00:30.130
220-MILLION-DOLLAR EXPANSION AT

00:00:30.196 --> 00:00:30.930
THE TIPPECANOE SITE. THE

00:00:30.997 --> 00:00:31.564
SPECIALTY CHEMICAL COMPANY

00:00:31.631 --> 00:00:32.699
SELECTED ITS INDIANA SITE TO

00:00:32.766 --> 00:00:34.501
BUILD ITS FIRST LIPID PRODUCTION

00:00:34.567 --> 00:00:37.103
FACILITY IN THE U.S.

00:00:37.170 --> 00:00:37.771
IN ITS HOME COUNTRY OF GERMANY,

00:00:37.837 --> 00:00:38.671
EVONIK MADE LIPIDS FOR THE

00:00:38.738 --> 00:00:39.672
PFIZER/BIONTECH COVID-19

00:00:39.739 --> 00:00:41.608
VACCINE, BUT LIPIDS HAVE PROMISE

00:00:41.674 --> 00:00:42.542
FAR BEYOND THE PANDEMIC, SO THE

00:00:42.609 --> 00:00:45.712
COMPANY IS BANKING ON INDIANA.

00:00:45.779 --> 00:00:47.514
YVONNE HURT IS GLOBAL PROJECT

00:00:47.580 --> 00:00:49.516
MANAGER FOR EVONIK'S HEALTH CARE

00:00:49.582 --> 00:00:51.251
BUSINESS AT EVONIK'S TIPPECANOE

00:00:51.317 --> 00:00:51.885
LABORATORIES. SHE JOINS ME NOW

00:00:51.951 --> 00:00:52.419
TO TELL US MORE ABOUT THE

00:00:52.485 --> 00:00:55.388
PROJECT.

00:00:55.455 --> 00:00:57.223
WELCOME TO THE SHOW.

00:00:57.290 --> 00:01:00.193
THANKS FOR BEING HERE.

00:01:00.260 --> 00:01:01.828
>> HI, KYLIE.

00:01:01.895 --> 00:01:03.496
THANK THANK YOU FOR HAVING ME.

00:01:03.563 --> 00:01:05.799
>> THIS PROJECT IS TO BUILD A

00:01:05.865 --> 00:01:07.967
NEW PRODUCTION FACILITY FOR

00:01:08.034 --> 00:01:08.835
LIPIDS.

00:01:08.902 --> 00:01:10.804
WHAT ARE LIPIDS?

00:01:10.870 --> 00:01:12.338
>> GREAT QUESTION.

00:01:12.405 --> 00:01:14.441
SO, WHEN I THINK ABOUT LIPID,

00:01:14.507 --> 00:01:16.609
YOU CAN THINK OF THEM AS TINY

00:01:16.676 --> 00:01:17.577
BUBBLES OF FAT.

00:01:17.644 --> 00:01:21.014
THE PURPOSE OF THAT IS IT

00:01:21.080 --> 00:01:22.315
PREVENTS DEGRADATION IN THE

00:01:22.382 --> 00:01:24.818
BODY.

00:01:24.884 --> 00:01:28.655
THE MRNA CARRIES IT INTO THE

00:01:28.721 --> 00:01:33.493
CELLS AND IT FORMS THE LIPID

00:01:33.560 --> 00:01:33.827
NANOPARTICLES.

00:01:33.893 --> 00:01:37.096
>> ALMOST LIKE VEHICLES FOR THE

00:01:37.163 --> 00:01:39.065
MRNA, WHICH WE BECAME MORE

00:01:39.132 --> 00:01:41.367
FAMILIAR WITH MRNA TECHNOLOGY

00:01:41.434 --> 00:01:43.236
DURING COVID AND TWO OF THE

00:01:43.303 --> 00:01:45.772
COVID VACCINES, BUT IT SHOWS

00:01:45.839 --> 00:01:46.773
PROMISE BEYOND COVID.

00:01:46.840 --> 00:01:48.641
SO, CAN YOU TALK A LITTLE BIT

00:01:48.708 --> 00:01:50.844
ABOUT HOW THESE LIPIDS COULD BE

00:01:50.910 --> 00:01:52.679
USED BEYOND COVID?

00:01:52.745 --> 00:01:55.215
>> ABSOLUTELY, SO AS THE FUTURE

00:01:55.281 --> 00:01:58.184
OF MEDICINE, NRMNA COULD BE USED

00:01:58.251 --> 00:02:00.920
TO TREAT MORE THAN JUST COVID,

00:02:00.987 --> 00:02:05.725
THE FLU, ZIKA, H.I.V. OR CANCER.

00:02:05.792 --> 00:02:08.027
IT REQUIRES TO KNOW-HOW AND

00:02:08.094 --> 00:02:09.796
EXPERTISE, AS YOU HAVE PROBABLY

00:02:09.863 --> 00:02:10.096
RESEARCHED.

00:02:10.163 --> 00:02:13.132
IT IS THE MOST VANSZ ADVANCED

00:02:13.199 --> 00:02:16.803
WAY -- ADVANCED WAY TO DELIVER

00:02:16.870 --> 00:02:17.203
DRUGS.

00:02:17.270 --> 00:02:19.439
>> EXPLAIN HOW IT COMPARES TO

00:02:19.506 --> 00:02:22.275
YOUR LIPID PRODUCTION SITE IN

00:02:22.342 --> 00:02:24.210
GERMANY.

00:02:24.277 --> 00:02:27.080
>> SO, EVONIK HAS INVESTED IN

00:02:27.146 --> 00:02:29.048
THE TECHNOLOGY FOR YEARS AND

00:02:29.115 --> 00:02:31.017
PROVIDING DRUG PRODUCT SERVICES

00:02:31.084 --> 00:02:32.218
FOR MANY YEARS.

00:02:32.285 --> 00:02:35.522
REGARDING OUR GERMANY SITES,

00:02:35.588 --> 00:02:36.623
THERE WE HAVE.

00:02:36.689 --> 00:02:39.125
PRODUCING LIPIDS SINCE 2021

00:02:39.192 --> 00:02:43.062
SINCE WE SUPPLIED LIPIDS FOR THE

00:02:43.129 --> 00:02:44.163
COVID-19 VACCINE.

00:02:44.230 --> 00:02:47.033
WE CAN PRODUCE THE SAME

00:02:47.100 --> 00:02:49.102
PORTFOLIO AS LIPIDS IN OUR NEW

00:02:49.168 --> 00:02:51.838
SITE THAT WILL BE COMING ONLINE.

00:02:51.905 --> 00:02:54.007
AS FAR AS THE CAPACITY, WE WILL

00:02:54.073 --> 00:02:57.510
BE ABLE TO PRODUCE MORE LIPID

00:02:57.577 --> 00:02:59.512
SITES TO HELP MEET GLOBAL

00:02:59.579 --> 00:02:59.946
DEMAND.

00:03:00.013 --> 00:03:01.814
>> IMPRESSIVE WORK THAT WILL BE

00:03:01.881 --> 00:03:03.449
TAKING PLACE IN LAFAYETTE.

00:03:03.516 --> 00:03:06.185
WE MENTIONED THIS IS A

00:03:06.252 --> 00:03:07.620
$220 MILLION EXPANSION, THE

00:03:07.687 --> 00:03:09.022
GOVERNMENT IS FOOTING MOST OF

00:03:09.088 --> 00:03:09.923
THE BILL.

00:03:09.989 --> 00:03:12.625
EXPLAIN HOW THIS POINTS BACK TO

00:03:12.692 --> 00:03:13.626
PANDEMIC PREPAREDNESS.

00:03:13.693 --> 00:03:15.495
>> PERFECT.

00:03:15.562 --> 00:03:19.766
SO, THIS NEW FACILITY ENSURES A

00:03:19.832 --> 00:03:22.702
RAPID AND SUSTAINABLE SUPPLY OF

00:03:22.769 --> 00:03:23.269
LIPIDS.

00:03:23.336 --> 00:03:25.004
THE U.S. GOVERNMENT GETS

00:03:25.071 --> 00:03:26.673
PRIORITY ACCESS FOR A 10-YEAR

00:03:26.739 --> 00:03:28.174
PERIOD AND PRICING ON THOSE

00:03:28.241 --> 00:03:29.175
LIPIDS.

00:03:29.242 --> 00:03:31.144
KYLIE, IN OTHER WORDS, WE MAKE

00:03:31.210 --> 00:03:32.812
SURE THE U.S. IS PREPARED FOR

00:03:32.879 --> 00:03:33.313
ANOTHER PANDEMIC.

00:03:33.379 --> 00:03:36.649
>> SO, YOU EMPLOYEE ABOUT 650 AT

00:03:36.716 --> 00:03:37.317
YOUR SITE NOW.

00:03:37.383 --> 00:03:39.452
I UNDERSTAND THIS PROJECT IS

00:03:39.519 --> 00:03:41.454
EXPECTED TO CREATE ABOUT 80

00:03:41.521 --> 00:03:42.522
JOBS.

00:03:42.589 --> 00:03:44.324
JUST TALK A LITTLE BIT ABOUT THE

00:03:44.390 --> 00:03:46.392
IMPACT ON THE LOCAL ECONOMY IN

00:03:46.459 --> 00:03:48.561
LAFAYETTE AS A RESULT OF THIS

00:03:48.628 --> 00:03:49.329
EXPANSION.

00:03:49.395 --> 00:03:52.398
>> RIGHT, YOU MENTIONED THE 80

00:03:52.465 --> 00:03:54.601
JOBS, AND THEY ARE HIGH-PAYING

00:03:54.667 --> 00:03:58.771
JOBS IN ENGINEERING, QUALITY

00:03:58.838 --> 00:03:59.505
ASSURANCE, CONSTRUCTION JOBS

00:03:59.572 --> 00:04:01.007
WILL BE HELPFUL IN BRINGING MORE

00:04:01.074 --> 00:04:03.343
TO THE ECONOMY.

00:04:03.409 --> 00:04:05.311
QUITE TRUTHFULLY, AS YOU KNOW,

00:04:05.378 --> 00:04:06.512
INDIANA IS A GREAT PLACE TO GROW

00:04:06.579 --> 00:04:08.481
OUR BUSINESS HERE AND WE

00:04:08.548 --> 00:04:10.350
APPRECIATE ALL OF THE SUPPORT

00:04:10.416 --> 00:04:12.418
FROM THE GREATER LAFAYETTE.

00:04:12.485 --> 00:04:14.187
WITH THIS NEW FACILITY, WE'RE

00:04:14.253 --> 00:04:19.292
EXCITED TO FUEL THAT LIPID

00:04:19.359 --> 00:04:20.927
GROWTH BEYOND COVID-19 VACCINES,

00:04:20.994 --> 00:04:22.595
WHICH SUPPORTS ECONOMIC GROWTH.

00:04:22.662 --> 00:04:25.331
>> GOOD LUCK AND KEEP US POSTED

00:04:25.398 --> 00:04:26.666
AND THANKS FOR BEING ON THE SHOW

00:04:26.733 --> 00:04:27.734
TODAY.