CASI Pharmaceuticals To Build GMP Manufacturing Site In Wuxi, China

CASI Pharmaceuticals announces that it has entered into framework agreements to build a state-of-the-art manufacturing site strategically located in the Wuxi Huishan Economic Development Zone in Jiangsu Province, China. The Wuxi Huishan Economic Development Zone is a leading science and technology innovation center in the region.

The facility will be designed and constructed based on global cGMP requirements and is expected to have capacity for large scale production. The facility will be a key asset supporting CASI’s growth and commercialization plans with further agreements to be finalized and site construction to begin in mid-2019.

Wei-Wu He, Ph.D., CASI’s Executive Chairman commented, “We are excited about moving forward with building our own manufacturing site as part of our supply chain. The facility will be a core component of our long-term growth strategy as it will give us significantly greater capacity in order to meet the Company’s commercial needs, and also will allow us greater control over quality, cost of goods and to accelerate production schedules. We continue to make progress on all fronts and remain steadfast in our mission to deliver high quality, cost-effective pharmaceutical products and innovative therapeutics to patients.”