West Pharmaceuticals (WST)

Overall impact
B (67)

Commentary

West Pharmaceuticals is a strong overall performer. With a 'B' rating of 66.9 for overall impact (76th percentile compared to all companies), West Pharmaceuticals ranks 51st out of 103 industry peers, behind Waters, MyMD Pharmaceuticals, Alphatec and 47 others, and ahead of Biolase, Silk Road Medical, Tandem Diabetes Care and 49 others. On top material causes for West Pharmaceuticals's industry (Healthcare Equipment), West Pharmaceuticals performs well in Sustainable Use of Natural Resources (82.9 score), Access to Affordable Healthcare (80.9), Conflict Free Mineral Production (86.3) and 6 other causes where it received an 'A' score and performs poorly in Improved Mental Health (29.7 score), Decent, Safe Work Opportunities (24.9) and Technology Innovation (12.4).
Impact
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Company
Founded
1923
Employees
10,800
Sector
Health Care
Industry
Health Care Equipment & Supplies
Sub-industry
Health Care Supplies
SASB industry
Medical Equipment & Supplies
Headquarters
Pa, United States
Share classes
WST
Mission
To be a leading global manufacturer in the design and production of technologically advanced, high-quality, integrated containment and delivery systems for injectable medicines.
Description
West Pharmaceutical Services, Inc. designs, manufactures, and sells containment and delivery systems for injectable drugs and healthcare products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in two segments, Proprietary Products and Contract-Manufactured Products. The Proprietary Products segment offers stoppers and seals for injectable packaging systems; syringe and cartridge components, including custom solutions for the needs of injectable drug applications; as well as administration systems that enhance the safe delivery of drugs through advanced reconstitution, mixing, and transfer technologies. This segment also provides films, coatings, washing, and vision inspection and sterilization processes and services to enhance the quality of packaging products. Additionally, it offers drug containment solutions, including Crystal Zenith, a cyclic olefin polymer in the form of vials, syringes, and cartridges; self-injection devices; and a range of integrated solutions, including analytical lab services, pre-approval primary packaging support and engineering development, regulatory expertise, and after-sales technical support. This segment serves biologic, generic, and pharmaceutical drug companies. The Contract-Manufactured Products segment is involved in the design, manufacture, and automated assembly of devices used in surgical, diagnostic, ophthalmic, injectable, and other drug delivery systems, as well as consumer products. This segment primarily serves pharmaceutical, diagnostic, and medical device companies. West Pharmaceutical Services, Inc. sells and distributes its products through its sales force and distribution network, contract sales agents, and regional distributors. The company was founded in 1923 and is headquartered in Exton, Pennsylvania.
Material causes
Ethos considers the following causes material for West Pharmaceuticals, based on its industry sub-industry Health Care Supplies. Learn more about material causes in our methodology overview.

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