Watch CBS News

MedImmune, Merck Share Md. Manufacturing Space

FREDERICK, Md. (AP) -- MedImmune says it will share its manufacturing space in Frederick with pharmaceutical giant Merck & Co.

MedImmune said Wednesday the companies have reached a 15-year deal allowing Merck to use its 385,000-square-foot plant for bulk product manufacturing.

MedImmune says it's also looking at Merck's facilities for possible production of microbial-based compounds MedImmune is developing.

MedImmune says it's not unusual in the biopharmaceutical industry for companies to share manufacturing capacity.

MedImmune is a Gaithersburg-based subsidiary of London-based AstraZeneca PLC.

Merck is based in Whitehouse Station, N.J.

(Copyright 2011 by The Associated Press. All Rights Reserved.)

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.