25 November 2024
EW will also make a significant capital investment into Ascend to support continued growth of the company. The partnership will leverage ABL’s experience in development and manufacturing with additional virus modalities and GMP capacity for adeno-associated virus (AAV) production. The merger also expands the companies’ fill/finish capacity in the USA and is intended to create a scalable CDMO that will serve as a global platform for the manufacturing of advanced therapies.