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Fujifilm to invest $2 billion in US large-scale cell culture production siteThe new plant will help accelerate growth of the Japanese company's biopharmaceutical contract development and manufacturing business (CDMO)
Reuters
Last Updated IST
Representative Image. Credit: iStock Photo
Representative Image. Credit: iStock Photo

Fujifilm Holdings Corp said on Wednesday it will invest $2 billion to establish new large-scale cell culture production site in the United States.

The new plant will help accelerate growth of the Japanese company's biopharmaceutical contract development and manufacturing business (CDMO), Fujifilm said in a release. The new site will be built near an existing Fujifilm site with production expected to start in the spring of 2025.

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(Published 07 January 2021, 10:58 IST)