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Astellas spends $70M on Bay Area gene therapy hub

Fierce Biotech July 22, 2022
Annalee Armstrong

Astellas has rolled out plans for a $70 million innovation heart on the West Coast. This units up a consolidated store in South San Francisco to deal with the Japanese pharma’s operations, which is at present scattered throughout the area.

The biotechnology campus will probably be housed in a brand new 154,000-square-foot constructing, bringing collectively Astellas’ analysis, technical operations, medical and improvement, industrial and related administrative help features, in line with a Friday press launch.

Astellas mentioned the brand new hub will present lab area and help future development because it advances cell and gene therapies in uncommon illnesses and most cancers. The corporate has various these therapies working by way of the clinic, together with candidates for X-linked myotubular myopathy, Pompe illness and myotonic…

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2022-07-23T22:13:58-04:00

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