Fujifilm ups US biotech plant investment by $1.2B

TOKYO: Fujifilm said on Friday it would increase its investment in a planned biotech plant in North Carolina by $1.2 billion at a time when Japan-US trade ties are in the spotlight. The cash injection to ramp up output to meet growing demand for antibody drugs brings “the total investment in the facility to over […]

Fujifilm ups US biotech plant investment by $1.2B

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TOKYO: Fujifilm said on Friday it would increase its investment in a planned biotech plant in North Carolina by $1.2 billion at a time when Japan-US trade ties are in the spotlight.

The cash injection to ramp up output to meet growing demand for antibody drugs brings “the total investment in the facility to over $3.2 billion,” the company said.

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