Home Stocks MacroGenics to sell manufacturing operations to Bora for $122.5M (MGNX:NASDAQ)

MacroGenics to sell manufacturing operations to Bora for $122.5M (MGNX:NASDAQ)

by Deidre Salcido
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  • MacroGenics (MGNX) said on Monday it agreed to sell its GMP drug substance manufacturing operations to Bora Pharmaceuticals Co., Ltd. for $122.5 million upfront.
  • The deal includes MacroGenics’ manufacturing facilities in Rockville and Frederick, Maryland, as well as its CDMO operations and related

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