GeneSuites

We are continuing our week at #ASGCT2024! 2024 is already expected to surpass 2023 for Cell and Gene Therapy. 2023 closed out 8 #CGT approvals (7 in the US and 1 in the EU); this year, the FDA has given the green light to 4 new CGTs with several upcoming PDUFA dates for other novel therapies, according to BioSpace.

Apollo Global Management, Inc. & GeneSuites kicked off spring with a Broker Luncheon at Catalyst earlier this month! Thank you to everyone who joined us to tour the project. Special thanks to Town of Holly Springs, IPS-Integrated Project Services, DPR Construction, CBRE & Cumming Group for sharing the ways Catalyst's advanced building shell maximizes design flexibility, eliminates long lead time for critical equipment and enables companies to be operational sooner than later. Connect with us to schedule a tour or to learn how we can help your cGMP facility be operational in 2025! #cGMP #lifescience #raleighdurham #hollysprings #cgt #biopharma #biomanufacturing #cellandgene #advancedmanufacturing #northcarolina #catalystbiocampus

FUJIFILM Diosynth Biotechnologies is expanding in Town of Holly Springs! The global life science leader announced today that it will expand its operations with a $1.2 billion investment and an additional 680 jobs. This investment follows a 2021 commitment from the company to build one of the largest end-to-end cell culture biopharmaceutical CDMO facilities in North America. Today’s announcement brings the total investment in the site to over $3.2 billion, with employment reaching 1,400 by 2031. “Projects like this are truly transformative for our community, with long-term economic benefits,” said Michael Haley, Executive Director of Wake County Economic Development. “FUJIFILM Diosynth Biotechnologies continues to invest in Wake County due to the strong network of partners that make up our ecosystem. This announcement is the result of dedicated work across a variety of organizations to propel our community forward.” https://lnkd.in/e5K7itvS

Big biotech boost for North Carolina!

In a study conducted by moveBuddha, Raleigh was ranked the #1 Hottest Big City for Career Growth out of 51 MSAs. The study included 51 metros with a population of over one million. Analysts then used key indicators of unemployment changes, job growth percentages, annual wages, and move in-to-out ratios to determine the order in which each metro was placed. Raleigh dominated in its sky-high move-in to move-out ratio, bolstering its job growth of 3.8%. The Research Triangle area also contributed to a high ranking in STEM job growth. The region’s high educational attainment and diverse economy are helping to make it a top choice for new companies as well as workers. Read more: https://lnkd.in/ezKDba_y

? In need of power? Catalyst BioCampus offers 12MW of secured power to service two advanced cGMP shell buildings, with the ability to add more. This means Catalyst can support life science, data centers, and other companies with significant power requirements while accelerating speed-to-market by procuring & securing critical infrastructure. Plus, the project offers an additional 388K SF #buildtosuit expansion opportunity, bringing the campus to a total of 700K SF in #raleighdurham. Team: Apollo Global Management, Inc. // CBRE | Raleigh // IPS-Integrated Project Services // DPR Construction // Cumming Group - #HollySprings #lifescience #cellandgene #cgt #datacenters #NorthCarolina #cGMP #Biocampus #biomanufacturing

From top talent, funding, academic & research institutions to the best business-friendly climate, North Carolina continues to demonstrate its commitment to ensuring the success of life science companies. Here are some key takeaways from the latest whitepaper prepared by our friends at North Carolina Biotechnology Center (NCBiotech): 1) NC is the birthplace of #clinicalresearch and has 150+ clinical service organizations to support life science companies from clinical trials to commercialization 2) NC is recognized for its business-friendly climate and ranks as the Top State for Business by CNBC and #1 Best Business Climate by Business Facilities magazine 3) NC has lower business operating costs — at 2.5%, NC has the lowest corporate tax rate in the US. 4) #RTP is the largest research park in the US with 300+ companies. Over 2,500 support companies are in the state to help life science companies, spanning across staffing firms and consultants to cold-storage shipping. https://lnkd.in/eyYNFwv5