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Investment of around $500M by the Moroccan Government to establish capacity and capability for the manufacturing of vaccines and biotherapeutics.
July 6, 2021
By: Tim Wright
Editor-in-Chief, Contract Pharma
Global contract development and manufacturing organization (CDMO), Recipharm, has signed a Memorandum of Understanding (MOU), along with His Majesty the King of Morocco, Mohammed VI, the Moroccan Government and a consortium of the country’s leading banks, that will see the company operate a new fill finish factory in Morocco. As part of the MOU around $500 million will be invested by the Moroccan Government and consortium over the next five years to establish both capacity and capability for the manufacturing of vaccines and biotherapeutics in Morocco. The investment is primarily to supply the African continent and help it gain vaccine sovereignty and access to future biotherapeutics. The factory, which will be located on a 42 hectare greenfield site is planned to be operational by 2023, will be run by Recipharm and will mirror the company’s new fill finish line at its facility in Monts, France on a larger scale. “It’s an honor to act as the CDMO of choice on this project,” said Marc Funk, CEO, Recipharm. “Together with the other parties involved, we will be able to work to offer Africa a concrete opportunity to gradually gain health independence from western countries and ultimately help to ensure it is less vulnerable in times of crisis. Our expertise and previous experience of fill finish manufacturing means we’re ideally placed to ensure successful tech transfer and high-quality operations.”
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