CordenPharma to invest 900 million euros in peptide platform expansion
Switzerland-headquartered contract development and manufacturing organization (CDMO) CordenPharma is making a record investment of around 900 million euros ($982 million) over the next three years in expanding its peptide platform.
The company says these transformational plans consist of two major expansion initiatives occurring in parallel in the US and Europe, including both existing facilities and new constructions designed and built according to the pharmaceutical industry’s most stringent quality and technical standards for short and long peptide manufacturing, including Biologics License Applications (BLA) requirements.
The US expansion involves bringing additional peptide capacity to the CordenPharma Colorado site with the planned construction of a new large-scale manufacturing facility, and an additional increase in manufacturing trains in the existing facility.
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