Pharmaceutical giant Bayer Corp. (BAYRY) on Wednesday announced the completion of a new, $100 million quality control facility at its Berkeley, Calif. campus intended to help develop the company's Next Generation Hemophilia Treatments.
The new facility will be crucial in guaranteeing treatments produced at its Berkeley location are safe and effective.
The Berkeley site, which includes Bayer's global biotechnology development and product supply organizations, is the company's single plant that manufactures and distributes its Hemophilia A treatments in more than 70 countries, according to Bayer.
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