$2 billion boost for Fujifilm's biologics business
Another major manufacturing investment from Japanese conglomerate Fujifilm Corp (TYO: 4901) will significantly up its presence in cell culture production for biologic therapies.
The Tokyo-based firm will spend $2 billion on a new large-scale facility in the USA, with the goal of expanding its contract development and manufacturing business (CDMO).
The company’s North Carolina site has been in operation since 1996. In a sign of its global ambitions, the greatly expanded facility will add to existing production centers in Texas, the UK and Denmark.
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