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Expands technical expertise, production capacity, and geographic reach.
September 21, 2023
By: Anthony Vecchione
SK pharmteco is acquiring a controlling interest in Philadelphia-based cell and gene therapy CDMO Center for Breakthrough Medicines (CBM), expanding SK pharmteco’s technical expertise, production capacity, and geographic reach. The announcement follows an initial $350 million capital investment in 2022 and SK pharmteco’s acquisition of Yposkesi, a French viral vector CDMO, in March 2021. Once the new deal is finalized, SK pharmteco will have a controlling stake in CBM, and the operations of C...
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