Bluebird bio orchestrates a series of deals and a buyout to guarantee gene therapy manufacturing
A day after The New York Times spotlighted the manufacturing and supply problems besetting a booming gene therapy field, with key players scrambling to maintain a stock of the benign viruses needed to make their products, bluebird bio $BLUE has come up with what it sees as a definitive solution to the problem.
The late-stage biotech has snagged a partially complete manufacturing complex in Durham, NC to do its own in-house manufacturing work while executing a series of contracts with suppliers. And bluebird execs say the basket of deals places them in control of their own destiny — at least as far as manufacturing is concerned.
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