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.

Endpoints News

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.