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The fast growing Scottish CDMO will use the funds to support its 2020 growth strategy.
July 2, 2020
By: Contract Pharma
Contract Pharma Staff
Allied Irish Bank (GB) said it is providing $1.25 million of debt funding to Symbiosis, a Scottish contract development and manufacturing organization (CDMO). The funds will enable physical, operational and commercial development of the business, including enhanced manufacturing output, improved business process efficiency and a strengthened IT capability. The financing will also support Symbiosis’s plan to hire 20 more staff by the end of 2020 and continue its trend of annual, double-digit re...
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