Emergent BioSolutions Completes Sale of Baltimore-Bayview Facility to Syngene International

MT Newswires Live
03-20

Emergent BioSolutions (EBS) completed the sale of its Baltimore-Bayview drug substance manufacturing facility in Maryland to India's Syngene International for $36.5 million.

The sale covers the facility's assets and equipment, Emergent said Wednesday in a statement.

Emergent retains the option to access manufacturing services and capacity at the site to support future growth and pandemic response efforts in partnership with Syngene.

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