Pfizer inks deal to snatch Abzena's new North Carolina manufacturing site

Pfizer inks deal to snatch Abzena's new North Carolina manufacturing site

Source: 
Endpoints
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Pfizer has scored itself a brand new manufacturing facility in Sanford, NC, about 40 miles south of the bustling Research Triangle Park.

The pharma giant inked a deal to acquire Abzena’s manufacturing plant, which boasts “extensive capabilities” for the production of biologics drug substance, the companies announced on Tuesday. While they’re keeping the financial figures under wraps for now, Pfizer said the deal is expected to close this quarter.