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Pilot manufacturing facility for bacterial vaccines planned in Massachusetts.

Vaccine Weekly

| September 10, 2003 | COPYRIGHT 2003 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

2003 SEP 10 - (NewsRx.com & NewsRx.net) -- Avant Immunotherapeutics, Inc., (AVAN) announced that it has reached agreement with MassDevelopment for Avant to occupy and build out a process development and pilot-manufacturing facility in MassDevelopment's technology center located in Fall River, Massachusetts.

MassDevelopment, the economic development entity for the Commonwealth of Massachusetts, and Avant have worked closely together over the last several months to develop a financing framework that allows Avant to establish its own manufacturing capability while remaining in the Commonwealth and creating new jobs.

Governor Mitt Romney announced the agreement with MassDevelopment at a press conference held at the Massachusetts State House. Financial terms of the agreement with MassDevelopment were not disclosed.

"We are very pleased that Avant is now able to move to the next level in terms of our ...

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