Search
 

AVANT to Develop 11,000-SF Facility

FALL RIVER, MA-AVANT Immunotherapeutics will build an 11,000 sf manufacturing facility at 151 Martine St. The financing was developed with the help of MassDevelopment and is part of Governor Mitt Romney's administration's effort to keep biotech companies in the state.

By Naomi Grossman | Updated on August 13, 2003

FALL RIVER, MA-As part of Governor Mitt Romney’s administration’s effort to keep biotech companies in Massachusetts, AVANT Immunotherapeutics is building an 11,000 sf process development and pilot manufacturing facility at 151 Martine St. The new lab will support the company’s development of its portfolio of bacterial vaccines.

The state, through MassDevelopment, its economic development entity, worked closely with AVANT to develop a financing framework that enabled the Needham, MA-based company to build the facility. Financial terms of the deal were not disclosed.

“With the assistance of MassDevelopment, we can now complement our research and clinical expertise with the capability to develop and manufacture our own products,” says Una Ryan, Ph.D., AVANT’s president and CEO.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 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.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.