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Vitrian Closes $50M Investment in Biomanufacturing and Launches Partnership with AmplifyBio

Nov 05, 2024•over 1 year ago

Contract Type

partnership

BethesdaManufacturingReal Estate

Description

Vitrian announced the closure of a $50 million investment, with the ability to scale to $65 million, into AmplifyBio’s Manufacturing Enablement Center (AMEC) in New Albany, Ohio, and the launch of a wider partnership. This investment is the first step of a larger commitment to support biomanufacturing in Central Ohio.

Company Information

Company

Vitrian

Location

Bethesda, Maryland, United States

About

Vitrian is the first fully integrated company dedicated exclusively to providing end-to-end solutions for biomanufacturing and cGMP facilities. Its mission is to foster the next generation of drugs and therapies through facility real estate investment/development, improving the capitalization process, and building capacity for future growth through civic engagement and workforce development. Vitrian is actively engaged in training/capacity building for the entry-level biomanufacturing workforce across its primary markets. Its current engagements span modalities across advanced therapeutics, aseptic fill/finish, synthetic biology, and radiopharma with active projects in 6+ US markets.

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