Australian biotech CSL Limited (ASX: CSL) today unveiled the future of plasma manufacturing in Australia with the opening of its A$900 million ($608 million) plasma fractionation facility in Victoria, which the company claims is the largest of its kind in the Southern Hemisphere. This is part of a A$2 billion-plus capital investment program CSL currently has underway in Australia.
The new state-of-the-art facility in Broadmeadows allows CSL’s manufacturing site to process up to 9.2 million plasma equivalent litres per annum. This is a nine-fold increase on current capacity for the site and will help meet the increasing demand for plasma-based, life-saving therapies for patients around the world.
The investment ensures the Broadmeadows site continues to play an important role in the manufacture and supply of life-saving medicines into Australia and other key markets, as well as secures advanced manufacturing jobs in Australia.
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