Lonza Group, a life sciences-driven chemicals company, and French drugmaker Sanofi (Euronext: SAN) are to break ground on a new biopharmaceutical manufacturing facility at an existing site in Visp, Switzerland, to be designed around a flexible model of production.
First announced in February, the companies will invest 270 million euros ($285 million) in the jointly-owned facility, which is expected to be operational by 2020.
Lonza says it will offer: “an innovative new biological development and manufacturing concept, coupling flexibility in facility-build-out with fully tailored business models.”
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