Sanofi invests 300 million euros to expand Belgian biologics site

19 April 2016

French pharma major Sanofi (Euronext: SAN) plans to invest 300 million euros ($340 million) to expand its site in Geel, North Belgium.

The investment furthers Sanofi's commitment to driving the future of biologics by expanding manufacturing and commercial capabilities in order to ensure quality, capacity, and scale. Sanofi has already invested 600 million euros in Geel, which began industrial biotech activities in 2001.

Through the investment, Sanofi plans to adapt and expand existing production capabilities to support Sanofi's pipeline of monoclonal antibodies. Updates to the existing facility will include the development of new laboratories focused on quality control and manufacturing sciences.

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