CymaBay shares soar on trial update; Lonza opens massive Texas facility dedicated to cell, gene therapies; Inovio lines up $56M
→ Swiss drug manufacturer Lonza wants to cash in on the rising demand for cell and gene therapies, and it reckons Texas is the place to do it. On Tuesday, Lonza cut the ribbon at its dedicated cell-and-gene-therapy manufacturing facility in Pearland, Greater Houston — the world’s largest at 300,000 square feet, the company says. The fully integrated plant will offer manufacturing services for every stage of drug development, from preclinical and clinical to commercialization, some of which is already under way. By the end of 2018, it is expected to be fully operational with 200-plus full-time staff.
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