Jonathan Goldman, Abzena CEO

Abzena com­mits chunk of new $65M in­vest­ment to build out in hot North Car­oli­na scene

A San Diego CD­MO has land­ed a $65 mil­lion in­vest­ment to ex­pand its drug sub­stance and fill-fin­ish man­u­fac­tur­ing ca­pac­i­ty, and it’s putting some of the mon­ey in­to its newest site on the oth­er side of the coun­try.

Abzena will join the laun­dry list of com­pa­nies that have ex­pand­ed their ef­forts in North Car­oli­na in the past year. The new site in San­ford, rough­ly 45 miles south­west of Raleigh, will fea­ture 2,000-liter sin­gle-use biore­ac­tors and is ex­pect­ed to be ready by Q4 of this year. The site will be used to en­hance drug dis­cov­ery and cell-line of­fer­ings, add fill-fin­ish ca­pa­bil­i­ties and com­plete a new bi­o­log­i­cal test­ing lab­o­ra­to­ry.

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