Fujifilm Diosynth Biotechnologies will receive “aggressive” investment over the next three years from its parent company to lift revenues, as the CDMO arm emphasizes its track record and “trust” as selling points to clients.
Fujifilm Holdings spelled out its vision for growth up to 2030 on Wednesday and, if executed as planned, Fujifilm Diosynth could rake in as much as 700 billion yen ($4.5 billion) in revenue by 2030, which is a 40% increase from 2023. Fujifilm will capitalize on the high demand for commercial manufacturing of antibody-drug conjugates, according to the presentation.
Unlock this article instantly by becoming a free subscriber.
You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.