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VaxGen joint venture to buy 24 acres in South Korea.(Brief Article)
2002 SEP 25 - (NewsRx.com & NewsRx.net) -- VaxGen, Inc., (VXGN) announced that its biopharmaceutical manufacturing joint venture, Celltrion, Inc., has secured the purchase of 24-acres of land in Incheon, South Korea, for the site of its major biologics manufacturing facility.
Scheduled to be ready for commercial operation by late 2005, following extensive facility testing and evaluation, the South Korea facility will be used to manufacture VaxGen's AIDS vaccine candidates, if licensed, and for the contract manufacture of other biopharmaceutical products.
The company also announced that ...
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Source: HighBeam Research, VaxGen joint venture to buy 24 acres in South Korea.(Brief Article)