Avid Bioser­vices, with re­cent IPO and Covid-19 part­ner­ship in hand, launch­es 2nd phase of fa­cil­i­ty ex­pan­sion

Cal­i­for­nia’s Avid Bioser­vices now has two si­mul­ta­ne­ous ex­pan­sion projects un­der­way as the CD­MO’s pro­jec­tions for cus­tomer de­mand sparked the launch this week of the sec­ond phase of build­ing out its My­ford fa­cil­i­ty.

Avid ex­pects con­struc­tion on the sec­ond phase, which will be known as its My­ford South fa­cil­i­ty to take 18 to 24 months to com­plete at a cost of rough­ly $45 mil­lion to $55 mil­lion, it said in a press re­lease.

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