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Mapi Pharma signed a long-term lease at Har-Hotzvim Hi-Tech Park in Jerusalem for a new sterile production plant for GA Depot injectable products. The ~50,000 sq ft facility was previously an FDA-approved facility of Omrix Biopharmaceuticals. Investment in equipment is approximately $13 million, partially funded by a $2.5 million grant.
“Mapi Pharma Ltd., a fully integrated, late-stage clinical development biopharmaceutical company announced today that is has signed a long term lease agreement at the Har-Hotzvim Hi-Tech Park in Jerusalem for the establishment of a new sterile production plant for GA Depot injectable products.”einpresswire.com
Summarized from public sources; check the original articles before acting on it.