uniQure has entered into an agreement for the sale of our global manufacturing facility in Lexington, Massachusetts to Genezen, a leading contract development and manufacturing organization. “Today marks a significant step forward in achieving a key strategic goal for uniQure,” stated Matt Kapusta, chief executive officer of uniQure. “We have been focused on meaningfully reducing costs while maintaining our ability to develop and potentially commercialize our #genetherapy product candidates. This transaction achieves these objectives by unlocking significant cost savings while maintaining preferential access to world-class gene therapy manufacturing.” https://lnkd.in/eKnPqHVN
This news is not positively received by the market. The share prices went down, why ?
I often assist CapEx projects/retrofits, OEM design build, writing URS's, design qualification and value engineering. Best fit is as owner representative for DQ re: ASTM e2500.
3wBeing the DQ SME assisting the design build of that facility was fun. They got a much better facility.