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Planned deal terms include the purchase price of the Toulouse site for approximately $300 million in cash.
Evotec SE has signed a non-binding agreement with Sandoz AG regarding the potential sale of Just – Evotec Biologics EU, which owns the J.POD biologics manufacturing facility in Toulouse, France, and to grant access to its platform for integrated development and advanced continuous manufacturing of biologics via a technology license. The site has been customized and dedicated entirely to Sandoz since July 2024, and the transaction aims to advance the partnership. Closing of the planned transac...
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