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Fujifilm says will invest $2 bln in new large-scale cell culture production site in U.S.

TOKYO, Jan 7 (Reuters) - Fujifilm Holdings Corp said on Wednesday it will invest $2 billion to establish new large-scale cell culture production site in the United States.

The new plant will help accelerate growth of the Japanese company’s biopharmaceutical contract development and manufacturing business (CDMO), Fujifilm said in a release. The new site will be built near an existing Fujifilm site with production expected to start in the spring of 2025. (Reporting by Rocky Swift; Editing by Kim Coghill)

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