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Cellares secured $255 million in Series C funding to launch a commercial-scale Integrated Development and Manufacturing Organization Smart Factory in Bridgewater, New Jersey. The 118,000-square-foot facility will integrate advanced robotics for cell therapy manufacturing.
Lotte Biologics completed the acquisition of a plant from Bristol Myers Squibb in Syracuse, New York for $160 million on January 1, 2023, to develop it as its North American center.