Swedish manufacturer acquires Valneva facility
NorthX Biologics, a cell and gene therapy manufacturing and development outfit based in Matfors, Sweden, has acquired a facility from Valneva.
As part of the deal, NorthX has secured Valneva’s multipurpose facility in Stockholm near Karolinska University Hospital for an undisclosed amount. According to a release, the 30 staff members who operate the facility will join NorthX, bringing with them experience in manufacturing Valneva’s products and working on other projects on a contract basis. The move is expected to allow NorthX to boost its manufacturing capabilities, quality control abilities and other development work.
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