# Otsuka ICU Medical announces over $500M IV solutions expansion in Austin

Otsuka ICU Medical LLC plans an over $500 million expansion of its IV solutions manufacturing in Austin, Texas, including a new 500,000-square-foot facility and upgrades to its existing 700,000-square-foot site.

- Type: Expansion
- Announced: 2026-07-09
- Where: Austin, Texas, United States
- Value: $500.0M
- Status: announced
- Products: IV solutions
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Otsuka ICU Medical](https://endata.com/companies/92950.md)
- [ICU Medical](https://endata.com/companies/891.md) (partner)
- [Otsuka Pharmaceutical Factory America](https://endata.com/companies/92951.md) (partner)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/otsuka-icu-medical-llc-announces-over-500m-expansion-of-iv-solutions-manufacturing-in-north-america-302821293.html), 2026-07-09: "This expansion reflects our commitment to long-term growth in the North American IV solutions market."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.