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Catalent Buys Facilities in US and Italy

02:53 EDT 8 Jul 2019 | CHEManager

Catalent Biologics, through its Paragon Gene Therapy business, has agreed to assume the leases to two Novavax facilities in Maryland, USA. The move, said Novavax, will reduce its operating costs and provide a cash payment of about $18 million, allowing the company to focus on advancing its NanoFlu and ResVax vaccines through the next phases of clinical development and regulatory review.

Original Article: Catalent Buys Facilities in US and Italy

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