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Deal adds biopharma services to its capabilities

Will address biologics drug substance and drug product manufacturing services

Factory will reportedly provide capability of manufacturing 3-4 vaccines simultaneously

Biotech company hopes to tackle challenges surrounding therapeutics

Expansion expected to double batch capacity

Includes a 36,000-square-foot addition to Charlottetown location

Includes 100,000 square feet of controlled ambient storage

Campus will feature a CDMO, over 1,000,000 square feet of floor space

Company strives to provide essential medicines that are in low supply

CDMO will invest up to $160 million toward manufacturing of therapies and vaccines, including mRNA