TAIPEI, TAIWAN -
Media OutReach Newswire
- 2 July 2026 - Bora Pharmaceuticals Co., Ltd. ("Bora" or "Bora Group";
TWSE: 6472; OTCQX: BORAY) today announced the completion of its
acquisition of the GMP manufacturing operations of MacroGenics, Inc.
(NASDAQ: MGNX) including its biologics drug substance facility in
Rockville, Maryland and an associated warehousing center in Frederick,
Maryland, for total consideration of US $122.5 million through its
wholly owned subsidiary Bora Biologics USA, LLC.. Upon closing, Bora
signed a long-term CDMO Service Agreement with MacroGenics.
With the close of the transaction, Bora Group's biologics CDMO
franchise, Bora Biologics, now operates 20,000 liters of single-use
bioreactor (SUB) drug substance manufacturing capacity across two active
US sites: Rockville, Maryland and San Diego, California, and one
development facility in Zhubei, Taiwan.
"This acquisition establishes a US biologics manufacturing platform that
sponsors can depend on, from development through licensed commercial
supply," said Bobby Sheng, Chairman and CEO of Bora Group. "As
regulatory and supply chain dynamics continue to evolve, we expect
biotech and pharmaceutical companies to increasingly seek manufacturing
partners with US-based, inspection-proven infrastructure. Bora Biologics
is designed to meet that need, offering a fully integrated, end-to-end
biologics platform spanning drug substance and drug product
capabilities."
With the addition of the Rockville facility, Bora Biologics supports
more than 4 active commercial programs, with more than 120 completed GMP
batches and supply into multiple global markets including the US, EU,
Japan, Canada and the UK with fully integrated QC and analytical
capabilities.
Across its US network, Bora Biologics has completed five FDA
inspections, including two at Rockville and one PMDA review in 2025,
with clean results at both sites. The combined platform has supported
more than 33 biologics and 15 biosimilars, establishing a manufacturing
base for biotech and pharmaceutical companies with reduced offshore
dependency and domestically anchored infrastructure.
Bora Group intends to integrate its US drug substance (DS) capabilities
with its existing sterile drug product (DP) capabilities over the next
12 to 18 months, offering a seamless, fully integrated
development-through-commercial biologics solution.