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Mergers & Acquisitions

2 New Jersey cell therapy facilities are acquired

by Michael McCoy
April 30, 2022 | A version of this story appeared in Volume 100, Issue 15
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Catalent has acquired a cell therapy facility in Princeton, New Jersey, from Erytech Pharma for $44.5 million. Catalent says it will supply Erytech with eryaspase, a red blood cell–derived leukemia treatment that Erytech is developing. The drug services firm will also lease nearby buildings for possible expansion. Separately, South Korea’s GC will acquire BioCentriq, which provides services to cell and gene therapy companies. GC says it plans an expansion adjacent to BioCentriq’s facility in Newark, New Jersey.

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