Legend Biotech Establishes New Research And Development Facility In Philadelphia, Pennsylvania, To Advance Its Portfolio Of Next-generation Cell Therapies
Portfolio Pulse from Benzinga Newsdesk
Legend Biotech is establishing a new 31,000-square-foot R&D facility in Philadelphia to advance its cell therapy portfolio, expected to be completed by Q3 2025. The facility will house 55 full-time employees.
October 03, 2024 | 11:34 am
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Legend Biotech is expanding its R&D capabilities with a new facility in Philadelphia, which could enhance its cell therapy portfolio and potentially drive future growth.
The establishment of a new R&D facility indicates Legend Biotech's commitment to advancing its cell therapy portfolio, which could lead to new product developments and potential revenue growth. This strategic move is likely to positively impact the company's stock in the short term as it demonstrates expansion and innovation.
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