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Press release content from Globe Newswire. The AP news staff was not involved in its creation. Adverum Biotechnologies Announces New GMP Gene Therapy Manufacturing Facility Adverum Biotechnologies, Inc.January 7, 2021 GMT 174,000-square-foot commercial GMP facility in Durham, NC for the manufacturing of ADVM-022, an intravitreal gene therapy in development for wet AMD and DME Multiple production suites with total capacity of 4000L, with further expansion opportunities Adverum to invest over $80M to be production-ready by end of 2023 and create more than 200 life sciences jobs; Company to receive state and local incentives of up to $9M 

Durham countyNorth carolinaUnited statesResearch triangle parkLaurent fischerAngela thedingaRoy cooperAdverum biotechnologies incMedia contact andrea cohen sam brown incEconomic investment committeeCarolina biotechnology centerJob development investment grantCarolina department of commerceCorporate communications adverum biotechnologies incDuke energyEconomic development partnership of north carolina