US biotech major Regeneron Pharmaceuticals (Nasdaq: REGN) has announced a significant expansion of its manufacturing capacity through a new agreement with Fujifilm Diosynth Biotechnologies to manufacture and supply bulk drug product of its commercial biologic medicines at its Holly Springs, North Carolina, campus.
Regeneron, already one of the largest manufacturers of biologics in the world, will nearly double its US large-scale manufacturing capacity by accessing Fujifilm’s new biopharmaceutical facility.
With technology transfer beginning immediately and a 10-year term, the total investment is estimated to exceed $3 billion.
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