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Will increase 7000L drug substance capacity (MFG21) and drug product capacity (DP11) for liquid and lyophilization within its global manufacturing network.
March 18, 2021
By: Kristin Brooks
Managing Editor, Contract Pharma
WuXi Biologics entered into a purchase agreement with CBC Group, a healthcare-dedicated investment firm, and other companies including Ming Bioventures under which WuXi Bio will acquire over 90% interest of CMAB Biopharma Group. The transaction is expected to close 2Q21. CMAB is a CDMO based in Suzhou, China, providing services from cell-line development, process development to clinical GMP manufacturing and has over 250 employees. Upon transaction completion, WuXi Biologics will increase 70...
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