Seqirus, the company created in 2015 when Australian biotech CSL Limited (ASX:CSL) acquired Swiss pharma giant Novartis’ (NOVN: VX) influenza vaccine business, has announced a new investment for a UK manufacturing site.
The £40 million ($52 million) project announced on Wednesday means that since the takeover, more than £60 million has been invested in the Liverpool site, which manufactures bulk material for a range of influenza vaccines, including an adjuvanted influenza vaccine designed for older people.
Currently, the bulk material is shipped to Italy where it is filled into vials and syringes by a contract manufacturer. Seqirus has taken the decision to bring this capability in-house, choosing to invest in a new and expanded fill-and-finish facility on the Liverpool site.
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