Recipharm launches into biologics manufacturing
Recently a Swedish biomanufacturing facility transfers from Astrazeneca to Recipharm Biologics.
The transaction completed on 1 January 2009. This modern facility adds mammalian recombinant protein and monoclonal antibody development and production capabilities to the group’s existing biopharmaceutical services.
Astrazeneca will retain a significant minority stake in the new company and under the terms of the arrangement, Recipharm will lease the ABL from Astrazeneca for an initial period of 12 years, purchasing all associated equipment and employing the existing staff.
This latest purchase follows the company’s recent acquisition of lyophilisation facilities from Inotech Labor. Combined, these enable Recipharm to offer a one-stop bio-manufacturing shop, taking customers’ projects from cell-line development based on their gene of interest, right through to their finished products for pre-clinical and early clinical studies.
