AGC Biologics to boost its biopharmaceutical CDMO capacity in Denmark
The €160 million investment will double the company's single-use bioreactor mammalian cell-culture capacity
Global biopharmaceutical contract development and manufacturing organization (CDMO), AGC Biologics, has announced its intention to increase the production capacity of its Copenhagen (Denmark) facility.
The biopharmaceutical CDMO market continues to grow at around 10% annually and, according to AGC Biologics, the accumulation of contracts awarded to them is outpacing the market.
The CDMO, which specializes in the development and manufacture of mammalian and microbial-based therapeutic proteins, plasmid DNA, viral vectors and genetically engineered cells, will construct a new building on land adjacent to its current Copenhagen site, adding production floors with 2000-L single-use bioreactors, laboratories and office space.
This expansion will more than double AGC Biologics’ single-use bioreactor mammalian cell-culture capacity in Copenhagen, as the company seeks to meet growing market demand. The new building will have a total floor area of approximately 19,000 m2 and is an important part of the CDMO's global expansion plan.
The total investment for this expansion is estimated to be €160 million, and the start of operation is scheduled for 2023.
According to AGC Biologics Chief Technical Officer, Kasper Møller, the new state-of-the-art facility will provide both "flexible" and "efficient" manufacturing.
The company's global network currently spans the US, Europe and Asia, with cGMP-compliant facilities in Seattle, Washington; Boulder, Colorado; Copenhagen, Denmark; Heidelberg, Germany; Milan, Italy; and Chiba, Japan.
Position your company at the heart of the global Pharma industry with a CPHI Online membership
-
Your products and solutions visible to thousands of visitors within the largest Pharma marketplace
-
Generate high-quality, engaged leads for your business, all year round
-
Promote your business as the industry’s thought-leader by hosting your reports, brochures and videos within your profile
-
Your company’s profile boosted at all participating CPHI events
-
An easy-to-use platform with a detailed dashboard showing your leads and performance