Almac Group: $65m expansion of North American headquarters
Contract development and manufacturing organization (CDMO) Almac Group has announced the 100,000-square-foot expansion of clinical supply operations at its North American headquarters in Souderton, Pennsylvania. The $65m USD expansion reportedly boosts the facility’s capacity by 60%, with added cold and ultra-low storage and just-in-time processing capabilities to support advanced therapeutic medicinal products (ATMPs) and biologics.
Robert Dunlop, president and managing director for Almac Clinical Services, said, “Drug development and clinical trials continue to evolve across the world, with sponsors expanding their pipelines to focus on biologics, vaccines and advanced therapy medicinal products. Almac is at the forefront of building supply chain expertise and capacity for this evolution; we are committed to investing in our clients’ future challenges and are delighted that this expansion provides us with a stronger ability to service our growing customer base.”
