SINGAPORE, April 20 (Bernama-BUSINESS WIRE) — Prestige Biopharma Limited (PBP), specializing in the development of antibody therapeutics, announces that the company will be introducing a vaccine development and production centre into its core business. PBP has been preparing for a business expansion into the development of vaccine-based therapeutics since the start of the ongoing COVID-19 outbreak as a response to the current, and potential future, viral pandemics. The design, development and implementation of the vaccine centre has resulted from that plan.
PBP is on target to complete the construction of its global-scale vaccine production facility in Osong, South Korea with a total area of approximately 8,500 m² inside the Campus 2 facility of its affiliated company Prestige Biologics. The vaccine centre initiated construction last month (March 2021) and is projected to start operations from August 2021 utilizing Prestige Biologics’ unmatched engineering service for expedited establishment with cutting-edge technology.