Veranova Expands ADC Manufacturing Capabilities with $30M Investment

• Veranova invests $30 million to expand its Devens, MA facility for ADC and highly potent compound manufacturing.

• The expansion includes new cGMP suites and a high potent process development laboratory to meet growing demand.

Veranova, a developer and manufacturer of specialist and complex APIs for the pharmaceutical and biotech sectors, has initiated a significant expansion of its antibody-drug conjugate (ADC) and highly potent compound development and manufacturing capabilities at its Devens, MA facility. This $30 million investment aims to enhance the site’s existing capabilities and address the increasing demand for strong US-based capacity for ADCs and other potent small molecules.

The expansion will include a new high potent process development laboratory and two new cGMP suites designed to handle potent compounds with occupational exposure limits (OEL) of less than 0.01 µg/m³. These facilities will be equipped with dedicated air handling systems, airlocks for clean-in-place operations, isolator technology, and a comprehensive range of processing capabilities, including synthesis reactors, chromatography, thin film evaporators, and lyophilization.

“At Veranova, we recognize the growing demand for development and manufacturing of ADCs and other highly potent compounds,” said Mike Riley, CEO of Veranova. “This investment signals our commitment to providing state-of-the-art capacity and capabilities to enable these next-generation therapies to reach patients and is a key milestone as we advance our broader growth strategy for Veranova.”

Strategically located near the Boston pharmaceutical and biotech hub, Veranova’s Devens site is an FDA-approved facility with over 10 years of experience in the development, scale-up, and clinical and commercial production of ADC linker-payloads and other highly potent APIs. The facility’s unique position to perform development, clinical manufacturing, and commercial manufacturing under one roof eliminates the need for tech transfers and leverages Veranova’s leading capabilities in both crystallization development and chromatography.