Angel Biotechnology is planning to add additional GMP capacity in order to meet the demand of new orders and support the company's growth plans. Angel is in advanced discussions to take over a mothballed GMP-standard manufacturing facility, which when fully commissioned would have the potential to increase its GMP manufacturing capacity further by approximately five-fold. The company is also exploring a number of other options, but its preferred choice would be the mothballed facility, which can be brought on line in phases and in a shorter time frame than a new build.
InvestEgate
Tuesday, 9 November 2010
Angel to add capacity
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