Bora Pharmaceuticals Co., Ltd. (TWSE: 6472; OTCQX: BORAY) announced today the completion of its acquisition of MacroGenics' GMP manufacturing operations, including a biologics drug substance facility in Rockville, Maryland and a warehousing center in Frederick, Maryland, for $122.5 million. The transaction, executed through Bora's wholly owned subsidiary Bora Biologics USA, LLC, also includes a long-term CDMO service agreement with MacroGenics.
With this acquisition, Bora Biologics now operates 20,000 liters of single-use bioreactor drug substance manufacturing capacity across two US sites: Rockville and San Diego, California, plus a development facility in Zhubei, Taiwan. This platform covers development through commercial supply, positioning Bora to meet growing demand for US-based biologics manufacturing as regulatory and supply chain dynamics shift.
"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."
The Rockville addition supports more than four active commercial programs, with over 120 completed GMP batches supplying markets including the US, EU, Japan, Canada, and the UK. Bora Biologics has completed five FDA inspections, including two at Rockville and one PMDA review in 2025, with clean results. The combined platform has supported more than 33 biologics and 15 biosimilars, reducing offshore dependency.
Bora Group plans to integrate its US drug substance capabilities with existing sterile drug product capabilities over the next 12 to 18 months, offering a seamless development-through-commercial biologics solution. For more information, visit https://www.bora-corp.com or https://www.boracdmo.com.
