Manufacturing reorg at Merck KGaA inspires a $500M+ investment in mRNA tech
Just weeks after Merck KGaA reorganized its CDMO and contract testing unit around the $780 million buyout of LNP player Exelead, the pharma player has now closed the deal and rolled out plans to invest more than a half-billion dollars in the new ops to build up their mRNA offerings in a fast-expanding sector of the market.
The investment — slated to take 10 years — will ensure that its customers have comprehensive CDMO services across the mRNA value chain, it said. Exelead specializes in PEGylated products lipid nanoparticle-based drug delivery tech, which is a key element of Covid-19 vaccines, among others. Merck KGaA also acquired manufacturer AmpTec in 2020. Between those two additions, the team expects to speed up its ability to bring vaccines and treatments to patients.
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