Tevogen Bio (TVGN) has signed an agreement with CD 8 Technology Services for developing a turn-key facility supporting in-house pre-clinical research and GMP cell therapy production capabilities. The agreement has an initial 12-month term with automatic renewal.
The facility will be primarily staffed and operated by Tevogen Bio, marking a strategic move to accelerate development timelines, maintain operational agility, and control costs. The company expects this agreement to help overcome typical capital barriers in building GMP capabilities at scale.
The agreement formalizes a previously announced letter of intent with CD8, a company associated with Dr. Manmohan Patel, who owns over 5% of Tevogen's common stock. Specific details including scope of work, costs, and timelines will be outlined in future work orders.
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