Sandoz Invests In New Biosimilar Manufacturing Facility

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Goodwin Procter LLP
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On July 20, 2023, Sandoz announced that it plans to invest approximately $90 million to build a Biosimilar Technical Development Center in Ljubljana, Slovenia by 2026.
United States Food, Drugs, Healthcare, Life Sciences
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On July 20, 2023, Sandoz announced that it plans to invest approximately $90 million to build a Biosimilar Technical Development Center in Ljubljana, Slovenia by 2026. The facility will be used to manufacture both drug substances and drug products and will create approximately 200 full-time jobs in the region. The announcement complements Sandoz's small molecule development capabilities in Ljubljana, as well as its previously announced investment of at least $400 million in Lendava, Slovenia, and expanded biosimilar development capabilities in Holzkirchen, Germany. Claire D'Abreu Hayling, Chief Scientific Officer for Sandoz, stated that the new facility will help "Sandoz to meet rapidly rising global demand for biosimilars and to make an even more meaningful contribution to the long-term viability of healthcare systems around the world."

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Sandoz Invests In New Biosimilar Manufacturing Facility

United States Food, Drugs, Healthcare, Life Sciences
Contributor
At Goodwin, we partner with our clients to practice law with integrity, ingenuity, agility, and ambition. Our 1,600 lawyers across the United States, Europe, and Asia excel at complex transactions, high-stakes litigation and world-class advisory services in the technology, life sciences, real estate, private equity, and financial industries. Our unique combination of deep experience serving both the innovators and investors in a rapidly changing, technology-driven economy sets us apart.
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