Brief: Medios To Triple Production Capacities By Expanding Its Site In Berlin

Medios AG

08/07/2020 08:03

July 8 (Reuters) - MEDIOS AG  ILM1k.DE :
    * ADDITIONAL PRODUCTION SITE ENABLES TRIPLING OF PRODUCTION
CAPACITIES
    * SYNERGY EFFECTS EXPECTED WITH MANAGEABLE INVESTMENT
    * SIGNED A CONTRACT TO RENT A FURTHER BUILDING WITH A TOTAL
AREA
OF AROUND 4,500 M^2 AT AN EXISTING SITE IN BERLIN
    * INTENDS IN PARTICULAR TO ESTABLISH FURTHER LABORATORIES
FOR
MANUFACTURING OF PATIENT-SPECIFIC THERAPIES THERE AND TO FURTHER
OPTIMIZE LOGISTICS
    * EXPECTS TO MOVE INTO PREMISES AND GRADUALLY START UP
LABORATORIES IN SECOND HALF OF 2021

Source text for Eikon:  ID:nEQ8p5xqfa 
Further company coverage:  ILM1k.DE 

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