Veranova Expands ADC and HPAPI Capabilities in the US
Veranova, a US contract development and manufacturing organization (CDMO), has begun expanding its antibody-drug conjugate (ADC) and high-potency active pharmaceutical ingredients (HPAPI) development and manufacturing capabilities at its US facility in Devens, Massachusetts.
The company said the expected $30 million investment will build on the site’s existing development and manufacturing capabilities and will meet growing demand in the US for robust production capacity for ADCs and other potent small molecules.
The expansion will include a new high-efficiency process development laboratory and two new cGMP suites designed to handle high-potency compounds with occupational exposure limits (OELs) below 0.01 µg/m³. The new facility will be equipped to handle high-potency compounds, ADC linker-payloads and other complex molecules.
"At Veranova, we recognize the growing need for the development and manufacturing of ADCs and other highly potent compounds," said Mike Riley, Veranova CEO. "This investment demonstrates our commitment to providing state-of-the-art capacity and capabilities to enable these next-generation therapies to reach patients, and is an important milestone in our efforts to advance Veranova's broader growth strategy."
Located in Devens, near Boston's pharmaceutical and biotech hub, Veranova's facility is an FDA-approved facility that enables development, clinical manufacturing, and commercial production under one roof.
2026-09-10
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
Chemours Sells Its Former Titanium Dioxide Site in Taiwan: Turning a “White Powder” Factory into “Wind Power Real Estate” for $360 Million—Buying Not Cash, But Breathing Room
-
The “Counter-Wind Ledger” of CHF 11.2 Billion: Sika Barely Grew in 2025—Yet Kept Taking Market Share
-
Vietnam Drives ASEAN Towards a Modern Economy
-
Qatar LNG Hit by Attack: 17% Export Capacity Lost, $20 Billion Wiped Out
-
Amazon Turns Lilly’s Weight-Loss Pill Into a Retail Logistics Play
-
UAE Withdraws from OPEC
-
Middle East Conflict Hits the Electronics Supply Chain as PPE Resin Shortage Sends PCB Prices Up 40%
-
Indonesia’s Plastic Prices Jump 50%–100% as Government Moves to Remove Import Duties
-
Arkema Triples Transparent Polyamide Capacity in Singapore: a Bet on Virtual Reality Growth or a Move to Strengthen Supply Resilience?
-
Butadiene Rubber's Cost in China Floor Collapses, Exports Hold the Line
Recommend Reading
-
Global Trade Data for Epoxy Resin in 2025 Released: Asia Accounted for $640 Million in Imports, Vietnam Emerges as Top Buyer
-
Wanhua USA Reaches $7.75 Million Settlement in MDI/TDI Antitrust Lawsuit
-
China Methanol Futures Hit Limit-Up as More Than 60% of Middle East Capacity Remains Offline
-
Saudi Energy Facilities Hit as Middle East Feedstock Risk Spreads Toward the Red Sea
-
Global Bunker Fuel Deficit Widens, Raising the Risk of a Second Cost Shock for Chemical Shipping
-
Bottom-fishing and restocking boost ABS to a rapid rise in mid-January
-
WACKER’s 2025 Loss Reaches €805 Million as the PACE Cost-Cutting Plan Becomes the Key Variable for 2026
-
Restocking Demand Boosts, Short-term Ethylene Glycol Price Decline Narrows
-
Business Society’s PTA Market Outlook on August 21, 2026: Volatile
-
Weak demand leads to consolidation in China's anhydrous hydrogen fluoride market