Skanska spent US$125 million, about 1.1 billion Swedish Krona, to build a pharmaceutical factory in Woburn, Massachusetts, USA – QNT Press Release

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Ostersund, Sweden, December 22, 2021 /PRNewswire/ – Skanska has signed a contract with Continuus Pharmaceuticals to Woburn, Massachusetts, America.The contract is worth US$125 million, about 1.1 billion Swedish Krona, Which will be included in the US orders in the fourth quarter of 2021.

The contract includes the renovation and construction of a new 50,000 square foot (approximately 4,500 square meter) cGMP production facility within the existing enclosure space. The new plant will produce dry active pharmaceutical ingredients (API) and finished drugs (DP) in the form of sterile injections and tablets. The facility is under development to produce three intensive care drugs and…

The full story can be found on Benzinga.com

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