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AdAlta says Oribiotech customer deal validates its IRO manufacturing plan

AdAlta (ASX:1AD) says its automated IRO manufacturing strategy has gained commercial validation after Oribiotech secured a major long-term customer under a 10-year agreement worth up to US$120 million.

1AD

AdAlta Limited ASX:1AD said its planned automated manufacturing platform has received commercial validation for future cellular immunotherapies after partner Oribiotech secured a major long-term customer. Oribiotech signed a 10-year agreement worth up to US$120 million with an undisclosed customer.