Oxford Biomedica doubles bioprocessing capacity with new facility
UK-based Oxford BioMedica (LSE:OXB) is fitting out a new 84,000 square foot (7,800 square meter) facility in Oxford with new lab space, warehousing, QC laboratories, and office space.
The new base, which more than doubles the cell and gene therapy firm’s bioprocessing capacity, will support Phase I and II development, and is funded by a March 2018 placing.
Earlier in the year the firm announced a $100 million collaboration and licence agreement with US hemophilia expert Bioverativ (Nasdaq: BIVV), which was subsequently acquired by French pharma major Sanofi (Euronext: SAN).
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