Belgium's UCB to spend $335 million to expand capacity for Cimzia
Belgian drugmaker UCB (UCB: BR) has initiated a project to build in-house biotech microbial manufacturing capacity in Bulle, Switzerland, to secure demand for its core new products, the Crohn’s disease and rheumatoid arthritis drug Cimzia (certoluzimab pegol). The new manufacturing unit should be operational in 2015 and requires an investment of 250 million euros ($335.4 million) in two steps.
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