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Thursday, June 18, 2020

Emergent Bio to invest $75M in Mass. site

Emergent BioSolutions (NYSE:EBS) will invest $75M in its Canton, Massachusetts facility, focused on the development and manufacturing of drug substance for live viral vaccines and plans to expand into viral vector and gene therapy.
The investment will include a state-of-the-art, multi-suite operation up to 1000L scale.
The company plans to provide full molecule-to-market contract development and manufacturing services by offering development services out of its Gaithersburg location, drug substance manufacturing out of Canton, and drug product manufacturing at its Rockville, Md. location.
https://seekingalpha.com/news/3584054-emergent-bio-to-invest-75m-in-canton-site

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