{"id":505402,"date":"2021-06-22T08:05:10","date_gmt":"2021-06-22T12:05:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/legend-biotech-announces-advancement-of-global-manufacturing-infrastructure\/"},"modified":"2021-06-22T08:05:10","modified_gmt":"2021-06-22T12:05:10","slug":"legend-biotech-announces-advancement-of-global-manufacturing-infrastructure","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/legend-biotech-announces-advancement-of-global-manufacturing-infrastructure\/","title":{"rendered":"Legend Biotech Announces Advancement of Global Manufacturing Infrastructure"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Legend Biotech Announces Advancement of Global Manufacturing Infrastructure<\/b><\/p>\n<p class=\"bwalignc\">\nNew Cell Therapy Facility in Belgium Establishes Manufacturing Presence in the European Union\n<\/p>\n<p class=\"bwalignc\">\nNew facility builds upon Legend Biotech\u2019s collaboration with Janssen to advance the manufacturing of investigational CAR-T therapy ciltacabtagene autoleucel (cilta-cel), being developed for the treatment of multiple myeloma\n<\/p>\n<p>SOMERSET, N.J.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nLegend Biotech Corporation (Legend Biotech, NASDAQ: LEGN), a global clinical-stage biopharmaceutical company engaged in the discovery and development of novel cell therapies for oncology and other indications, announced the establishment of a state-of-the-art manufacturing facility in Belgium, as part of a joint investment with Janssen Pharmaceutica NV (Janssen), to expand global manufacturing capacity of innovative cellular therapies.\n<\/p>\n<p>\nLegend has a collaboration and license agreement with Janssen Biotech, Inc. to develop and commercialize cilta-cel, an investigational CAR-T therapy currently under review by several health authorities around the world including the United States and Europe for the treatment of patients with relapsed and refractory multiple myeloma.\n<\/p>\n<p>\n\u201cThe new location in Belgium is an ideal choice for Legend to launch our European manufacturing presence allowing us to tap into the area\u2019s vast talent pool and leverage the strong Belgian life sciences ecosystem,\u201d said Liz Gosen, Senior Vice President, Global Technical Operations. \u201cWe are excited to expand our existing robust manufacturing network to support the production and delivery of cilta-cel for patients across the globe.\u201d\n<\/p>\n<p>\nThis facility adds to Legend\u2019s existing manufacturing facilities and presence in Nanjing, China and in Raritan and Somerset, N.J., U.S. The facility is anticipated to be operational by 2023.\n<\/p>\n<p><b>About Legend Biotech<\/b><\/p>\n<p>\nLegend Biotech is a global clinical-stage biopharmaceutical company engaged in the discovery and development of novel cell therapies for oncology and other indications. Our team of over 900 employees across the United States, China and Europe, along with our differentiated technology, global development, and manufacturing strategies and expertise, provide us with the strong potential to discover, develop, and manufacture best-in-class cell therapies for patients in need.\n<\/p>\n<p>\nWe are engaged in a strategic collaboration to develop and commercialize our lead product candidate, cilta-cel, an investigational BCMA-targeted CAR-T cell therapy for patients living with multiple myeloma. This candidate is currently being studied in registrational clinical trials.\n<\/p>\n<p><b>About Ciltacabtagene autoleucel (cilta-cel) <\/b><\/p>\n<p>\nCilta-cel is an investigational chimeric antigen receptor T cell (CAR-T) therapy that is being studied in a comprehensive clinical development program for the treatment of patients with multiple myeloma. Cilta-cel is a differentiated CAR-T therapy with two BCMA-targeting single domain antibodies. In December 2017, Legend Biotech, Inc. <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.legendbiotech.com%2Fgsfiles%2Flegend-biotech-announces-closing-of-global-strategic-LCAR-B38M-Car-T-Cell-Immunotherapy-collaboration-with-janssen.pdf&amp;esheet=52448629&amp;newsitemid=20210622005331&amp;lan=en-US&amp;anchor=entered&amp;index=1&amp;md5=070e3145e5501e4b43903e673a7b706a\">entered<\/a> into an exclusive worldwide license and collaboration agreement with Janssen Biotech, Inc. to develop and commercialize cilta-cel. In addition to a Breakthrough Therapy Designation (BTD) <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.legendbiotech.com%2Fpdf%2FJNJ4528_Breakthrough_Therapy_Designation_Release.pdf&amp;esheet=52448629&amp;newsitemid=20210622005331&amp;lan=en-US&amp;anchor=granted&amp;index=2&amp;md5=5ffac32b1c8a304b2588f8338327d16a\">granted<\/a> in the U.S. in December 2019, cilta-cel received a <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Finvestors.legendbiotech.com%2Fnews-releases%2Fnews-release-details%2Fchina-center-drug-evaluation-national-medical-products&amp;esheet=52448629&amp;newsitemid=20210622005331&amp;lan=en-US&amp;anchor=BTD&amp;index=3&amp;md5=05011e27613d23ef11bc913a24cd00b5\">BTD<\/a> in China in August 2020. Orphan Drug Designation was granted for cilta-cel by the U.S. FDA in February 2019, and by the European Commission in February 2020. Applications seeking approval of cilta-cel for the treatment of patients with relapsed\/refractory multiple myeloma are currently under regulatory review by several health authorities around the world including the United States and Europe.\n<\/p>\n<p><b>Cautionary Note Regarding Forward-Looking Statements<\/b><\/p>\n<p>\nStatements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute \u201cforward looking statements\u201d within the meaning of The Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the development of Legend Biotech\u2019s manufacturing infrastructure, including construction of new facilities. The words \u201canticipate,\u201d \u201cbelieve,\u201d \u201ccontinue,\u201d \u201ccould,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cmay,\u201d \u201cplan,\u201d \u201cpotential,\u201d \u201cpredict,\u201d \u201cproject,\u201d \u201cshould,\u201d \u201ctarget,\u201d \u201cwill,\u201d \u201cwould\u201d and similar expressions are intended to identify forward-looking statements, although not all forward looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including the factors discussed in the \u201cRisk Factors\u201d section of the Annual Report filed with the Securities and Exchange Commission on April 2, 2021. Any forward-looking statements contained in this press release speak only as of the date hereof, and Legend Biotech specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise. Readers should not rely upon the information on this page as current or accurate after its publication date.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210622005331r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210622005331\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210622005331\/en\/<\/a><\/span><\/p>\n<p>\nMedia and Investor Relations:<br \/>\n<br \/>Jessie Yeung, Head of Corporate Finance and Investor Relations, Legend Biotech<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:jessie.yeung@legendbiotech.com\">jessie.yeung@legendbiotech.com<\/a> or <a rel=\"nofollow\" href=\"mailto:investor@legendbiotech.com\">investor@legendbiotech.com<\/a><\/p>\n<p>\nCrystal Chen, Manager of Investor Relations and Corporate Communications, Legend Biotech<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:crystal.chen@legendbiotech.com\">crystal.chen@legendbiotech.com<\/a> or <a rel=\"nofollow\" href=\"mailto:investor@legendbiotech.com\">media@legendbiotech.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Belgium Europe United States North America New Jersey<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Oncology Health Genetics General Health Clinical Trials Pharmaceutical Biotechnology<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210622005331\/en\/886457\/3\/Legend_Logo_w_tagline_RGB.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Legend Biotech Announces Advancement of Global Manufacturing Infrastructure New Cell Therapy Facility in Belgium Establishes Manufacturing Presence in the European Union New facility builds upon Legend Biotech\u2019s collaboration with Janssen to advance the manufacturing of investigational CAR-T therapy ciltacabtagene autoleucel (cilta-cel), being developed for the treatment of multiple myeloma SOMERSET, N.J.&#8211;(BUSINESS WIRE)&#8211; Legend Biotech Corporation (Legend Biotech, NASDAQ: LEGN), a global clinical-stage biopharmaceutical company engaged in the discovery and development of novel cell therapies for oncology and other indications, announced the establishment of a state-of-the-art manufacturing facility in Belgium, as part of a joint investment with Janssen Pharmaceutica NV (Janssen), to expand global manufacturing capacity of innovative cellular therapies. Legend has a collaboration and license agreement with Janssen Biotech, Inc. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/legend-biotech-announces-advancement-of-global-manufacturing-infrastructure\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Legend Biotech Announces Advancement of Global Manufacturing Infrastructure&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-505402","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Legend Biotech Announces Advancement of Global Manufacturing Infrastructure - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/legend-biotech-announces-advancement-of-global-manufacturing-infrastructure\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Legend Biotech Announces Advancement of Global Manufacturing Infrastructure - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Legend Biotech Announces Advancement of Global Manufacturing Infrastructure New Cell Therapy Facility in Belgium Establishes Manufacturing Presence in the European Union New facility builds upon Legend Biotech\u2019s collaboration with Janssen to advance the manufacturing of investigational CAR-T therapy ciltacabtagene autoleucel (cilta-cel), being developed for the treatment of multiple myeloma SOMERSET, N.J.&#8211;(BUSINESS WIRE)&#8211; Legend Biotech Corporation (Legend Biotech, NASDAQ: LEGN), a global clinical-stage biopharmaceutical company engaged in the discovery and development of novel cell therapies for oncology and other indications, announced the establishment of a state-of-the-art manufacturing facility in Belgium, as part of a joint investment with Janssen Pharmaceutica NV (Janssen), to expand global manufacturing capacity of innovative cellular therapies. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/legend-biotech-announces-advancement-of-global-manufacturing-infrastructure\/","og_locale":"en_US","og_type":"article","og_title":"Legend Biotech Announces Advancement of Global Manufacturing Infrastructure - Market Newsdesk","og_description":"Legend Biotech Announces Advancement of Global Manufacturing Infrastructure New Cell Therapy Facility in Belgium Establishes Manufacturing Presence in the European Union New facility builds upon Legend Biotech\u2019s collaboration with Janssen to advance the manufacturing of investigational CAR-T therapy ciltacabtagene autoleucel (cilta-cel), being developed for the treatment of multiple myeloma SOMERSET, N.J.&#8211;(BUSINESS WIRE)&#8211; Legend Biotech Corporation (Legend Biotech, NASDAQ: LEGN), a global clinical-stage biopharmaceutical company engaged in the discovery and development of novel cell therapies for oncology and other indications, announced the establishment of a state-of-the-art manufacturing facility in Belgium, as part of a joint investment with Janssen Pharmaceutica NV (Janssen), to expand global manufacturing capacity of innovative cellular therapies. 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