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AB BioTechnologies to Build a New GMP Mfg. Facility

Will offer service for formulating, filling, freeze-drying and packaging injectable drugs for clinical trials

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By: Tim Wright

Editor-in-Chief, Contract Pharma

AB BioTechnologies has unveiled plans to invest $10.5 million to construct and equip a new 23,000 square foot manufacturing facility in Bloomington, IN, and create up to 33 jobs by 2020. The company will add manufacturing services for formulating, filling, freeze-drying, and packaging injectable drugs for clinical trial studies. “This is a fantastic opportunity for AB BioTechnologies, Bloomington, Monroe County, and the state of Indiana,” said Jeff Schwegman, founder and chief executive offic...

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