The company is developing two manufacturing and development facilities that will add just over 22,000 sf to its complex.

The firm said this week it has all but finished its 10,300-sf manufacturing center. The building incorporates robotics technology and is designed for the production of gene therapy products. Avigen plans to finish its second building, a 12,000-sf process development facility, in November.

The company reported increased losses of $15 million in Q2 due to less grant funding, but has raised $75 million in private funding during fiscal 2000.

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.