Hashtag
.

’s Yokohama Technical Center in Japan. The new site is a part of the CDMO’s strategic growth strategy to create more high-quality pharmaceutical development and manufacturing services in the Asia region that can help meet the global demand for biologics and advanced therapy medicinal products (ATMPs). The facility is expected to be operational in 2026.

The new AGC Biologics Yokohama facility will offer pre-clinical through commercial services for mammalian-based protein biologics, cell therapies and messenger RNA (mRNA). The site will house multiple 2,000L single-use bioreactors and several 4,000L or larger reactors for mammalian cell culture services, making it one of Japan’s largest* sites for mammalian-based manufacturing capacity once complete. (*AGC estimates)

AGC Biologics is building this facility thanks to a grant from the Japanese Ministry of Economy, Trade and Industry (METI) as part of the ministry’s initiative to develop biopharmaceutical manufacturing sites to strengthen vaccine production in the region (announced in October 2022). The total investment for the AGC Biologics Yokohama site is expected to be approximately 50 billion Japanese yen ($350,500,000 USD) and once fully operational it will employ 400 people.

“With an increased demand in this region for high-quality partners that have a history of clinical and commercial biopharmaceutical manufacturing, we are making this investment to offer developers the services they need, and strengthen our global CDMO network,” said Patricio Massera, Chief Executive Officer, AGC Biologics. “The new Yokohama facility will be a central location for innovators in Japan and across the Asia Pacific, offering scientific expertise, technical flexibility and needed services to support development and manufacturing at every critical stage.”

The Yokohama facility is expected to significantly contribute to the needs of regional and global developers seeking biopharmaceutical development and manufacturing capabilities, in addition to further maximizing operational and supply chain efficiencies across AGC Biologics' global network. The company currently operates one site in the region, its Chiba facility, offering mammalian expression and microbial fermentation services.

AGC Biologics is a part of AGC Inc.’s Life Science Company. The Life Science company runs ten different facilities focused on biopharmaceuticals, advanced therapies, small molecule active pharmaceutical ingredients and agrochemicals.

To learn more about AGC Biologics’ global network of services for protein biologics and cell and gene therapies, please visit www.agcbio.com.

Hashtag: #AGCBiologics

The issuer is solely responsible for the content of this announcement.

About AGC Biologics:

is a leading global biopharmaceutical Contract Development and Manufacturing Organization (CDMO) with a strong commitment to delivering the highest standard of service as we work side-by-side with our clients and partners, every step of the way. We provide world-class development and manufacture of mammalian and microbial-based therapeutic proteins, plasmid DNA (pDNA), messenger RNA (mRNA), viral vectors, and genetically engineered cells. Our global network spans the U.S., Europe, and Asia, with cGMP-compliant facilities in Seattle, Washington; Boulder and Longmont, Colorado; Copenhagen, Denmark; Heidelberg, Germany; Milan, Italy; and Chiba, Japan and we currently employ more than 2,500 employees worldwide. Our commitment to continuous innovation fosters the technical creativity to solve our clients' most complex challenges, including specialization in fast-track projects and rare diseases. AGC Biologics is the partner of choice. To learn more, visit .

Give the Gift of Security this Holiday Season with Arlo

Exciting promotions across Arlo’s award-winning lineup of home security solutions SINGAPORE - Media OutReach Newswire - 31 October 2024 - This holiday season, share the gift of s...

MIPIM Asia Awards 2024 winners revealed

35 remarkable projects across Asia Pacific recognised HONG KONG SAR - Media OutReach Newswire - 31 October 2024 - The MIPIM Asia 2024 Awards, widely regarded as the most prestigio...

Vinpearl woos Indian luxury travelers with strategic two-pronged focus

HANOI, VIETNAM - Media OutReach Newswire - 31 October 2024 - Vietnam, with its rich cultural heritage and stunning natural beauty, has become an increasingly attractive destinatio...

Chubb Life Hong Kong’s Silver Life Insurance Plan for Seniors triumphs at the Hong Kong Insurance Awards 2024

HONG KONG SAR - Media OutReach Newswire - 31 October 2024 - Chubb Life Hong Kong has been recognised as one of the top three winners of the "Most Innovative Product/Service Award...

Crown Worldwide Group Wins Best Workspace Provider and Best Employee Development Consultancy at HR Vendors Of the Year 2024

HONG KONG SAR - Media OutReach Newswire - 31 October 2024 - Crown Worldwide Group is proud to announce its recognition, winning the Gold award for "Best Workspace Provider" and t...

"Discover the Tribes of Taiwan" at 2024 ITB ASIA with Fruitful Results

TAIPEI, TAIWAN - Media OutReach Newswire - 31 October 2024 - ITB ASIA 2024, held from the 23rd to 25th October in Singapore, has successfully concluded. The tribal management team...

IGC Continues to Promote Artificial Intelligence Strategic Transformation by "Technology Driven + Innovative Cooperation Model"

HONG KONG SAR - Media OutReach Newswire - 31 October 2024 - International Genius Company ("IGC", stock code: 0033.HK) is pleased to release its annual report for the year ended 3...

IN THE NEWS

The Importance Of Roof Restoration: Why It's Worth The Investment

The roof is one of the most vital components of any building. It protects us from the harsh elements.

Travelodge Kyoto Shijo Omiya Welcomes Guests with Special Opening Rates

KYOTO, JAPAN - Media OutReach Newswire - 7 October 2024 - Travelodge Hotels Asia proudly announces the g.

Countryside Caravanning - Embrace Serenity With Campervan Rentals

The allure of countryside caravanning lies in its ability to provide a unique blend of freedom, flexi.

Affordable Pest Control Solutions for Melbourne Residents: How to Control Pests on a Budget

Pest control can be a costly endeavor, but it is a necessary one in order to maintain a safe and health.

The 2024 JCI Asia-Pacific Conference in Angkor Wat, Cambodia Concludes Successfully

Multiple Cooperation Agreements Reached, 'International Night' Fosters Cross-Cultural Exchanges and Frien.

Essential Surf Accessories Every Surfer Needs for Optimal Performance

Surfing is a sport that requires not only the right skills but also the right equipment. From surfboard.

Health & Wellness

How to Maintain Your Oral Health During Stressful Times

Hashtag.net.au - avatar Hashtag.net.au

Life can be a bit like an Australian outback road—full of twists, turns, and the occasional bump. During these hectic, stressful times, it’s all too easy to let your oral health fall by the wayside...

The impact of visual art on mental health and productivity

Hashtag.net.au - avatar Hashtag.net.au

In a world where stress and anxiety often take center stage, the presence of visual art in our daily environments offers a quiet yet profound counterbalance. Posters and paintings are not just decor...

Understanding the Environmental and Health Impacts of Waste Disposal: Essential Insights

Hashtag.net.au - avatar Hashtag.net.au

🌎♻️Explore the health & environmental impacts of waste disposal. Dive into essential insights💡for a sustainable future! #WasteManagement #Health🌿🌍 Waste disposal is an inevitable aspect of mode...

The Role of a Child Psychologist: Helping Kids Navigate Emotional Challenges

Hashtag.net.au - avatar Hashtag.net.au

Child psychologists play an important role in aiding children to overcome behavioral and emotional challenges. The experts will easily identify the developmental stage and emotional needs of the chi...

Tomorrow Business Growth