Salvatore Mascia, Continuus Pharmaceuticals CEO

MIT spin­out Con­tin­u­us calls up­on Skan­s­ka to build MA site with fed­er­al de­fense mon­ey

A spin­out from an MIT lab has land­ed a deal with a Swedish de­vel­op­ment group to build a $125 mil­lion man­u­fac­tur­ing fa­cil­i­ty in Woburn, MA, just 15 miles out­side Boston.

Skan­s­ka signed a con­tract with Con­tin­u­us Phar­ma­ceu­ti­cals to ren­o­vate and build an­oth­er 50,000 square foot site up to cur­rent Good Man­u­fac­tur­ing Prac­tices stan­dards that will pro­duce dry ac­tive phar­ma­ceu­ti­cal in­gre­di­ents and fin­ished drug prod­ucts in both ster­ile in­jectable and tablets forms.

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