Bora Pharmaceuticals completes acquisition of MacroGenics biologics CDMO assets in Maryland

MacroGenics, Inc.

MacroGenics, Inc.

MGNX

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  • Bora Pharmaceuticals completed the acquisition of biologics CDMO operating assets from MacroGenics on July 1.
  • Assets include a large-molecule drug substance manufacturing facility in Rockville, Maryland, plus a warehousing center in Frederick, Maryland.
  • Closing included execution of a long-term CDMO Services Agreement with MacroGenics.
  • Deal expands the group’s U.S. biologics manufacturing footprint, targeting integrated drug substance and drug product capabilities.


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