ERYTECH Sells U.S. Manufacturing Facility and Enters Long-Term Supply Agreement with Catalent
Under the terms of an asset purchase agreement between ERYTECH and Catalent (the APA), Catalent agreed to acquire ERYTECHs state-of-the-art commercial-scale cell therapy manufacturing facility in Princeton, New Jersey, for a total consideration of $44.5 million.
- Under the terms of an asset purchase agreement between ERYTECH and Catalent (the APA), Catalent agreed to acquire ERYTECHs state-of-the-art commercial-scale cell therapy manufacturing facility in Princeton, New Jersey, for a total consideration of $44.5 million.
- ERYTECHs Princeton facility is a 30,900 sqft cutting edge manufacturing facility, designed with the flexibility to expand to support various cell therapy production requirements and capacities.
- ERYTECH will retain its manufacturing site in Lyon, France and its expertise and capabilities in manufacturing process science to continue innovating in cell therapy manufacturing.
- The parties will also enter into a long-term supply agreement for the manufacturing and supply of the lead product candidate eryaspase (GRASPA) by Catalent to ERYTECH.