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With a market cap of $16.6 billion, West Pharmaceutical Services, Inc. (WST) is a healthcare company that designs, manufactures, and sells containment and delivery systems for injectable drugs and healthcare products worldwide. It operates through two segments: Proprietary Products, which provides stoppers, seals, syringe and cartridge components, and drug containment solutions, and Contract-Manufactured Products, which focuses on the design and automated assembly of medical and drug-delivery devices.
Companies valued at $10 billion or more are generally considered “large-cap” stocks, and West Pharmaceutical fits this criterion perfectly. Headquartered in Exton, Pennsylvania, the company primarily serves pharmaceutical, biologic, diagnostic, and medical device companies through its global sales and distribution network.
