Pfiz­er inks deal to snatch Abzena's new North Car­oli­na man­u­fac­tur­ing site

Pfiz­er has scored it­self a brand new man­u­fac­tur­ing fa­cil­i­ty in San­ford, NC, about 40 miles south of the bustling Re­search Tri­an­gle Park.

The phar­ma gi­ant inked a deal to ac­quire Abzena’s man­u­fac­tur­ing plant, which boasts “ex­ten­sive ca­pa­bil­i­ties” for the pro­duc­tion of bi­o­log­ics drug sub­stance, the com­pa­nies an­nounced on Tues­day. While they’re keep­ing the fi­nan­cial fig­ures un­der wraps for now, Pfiz­er said the deal is ex­pect­ed to close this quar­ter.

Unlock this article instantly by becoming a free subscriber.

You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.

SIGN UP LOG IN BECOME A PREMIUM SUBSCRIBER