Apr 5, 2021 12:23pm
Chime Biologics second biologics site, pictured above, will lift total manufacturing capacity to 140,000 liters, the CDMO said.(PR Newswire/Chime Biologics)
After locking up a $125 million Series A in early 2020, China-based CDMO Chime Biologics has raised another $65 million to help build and kit out a second plant in Wuhan, China.
The $190 million investment will fuel an expansion over the next five years at its site in Wuhan, taking capacity there to 140,000 liters.
The new plant will join Chime s first facility there, which is built around a modular manufacturing system from Cytiva Life Sciences. Chime counts monoclonal and bispecific antibodies, fusion and conjugated proteins, and enzymes among its manufacturing repertoire, according to the company’s website.
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