Roswell Park continues to expand, despite deficit
Revenues at the cancer center were up 6% from the prior year, but expenses, namely for pharmaceuticals and for labor, outpaced the growth, its chief financial officer said.
Source: buffalonews.com
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Revenues at the cancer center were up 6% from the prior year, but expenses, namely for pharmaceuticals and for labor, outpaced the growth, its chief financial officer said.
Roswell Park is deep into an expansion of its cell and gene therapy research and manufacturing capabilities, a project that positions it as a hub for this kind of science.
The company will use the funds to set up its first lithium-ion cell manufacturing facility in Tamil Nadu, as well as expand the firms EV business, it said in a statement.