AGC Biologics buys Boulder AstraZeneca plant

BOULDER — After sitting idle for nearly a year, a new tenant is set to take over the shuttered AstraZeneca PLC plant in Boulder.
AstraZeneca inked a deal in late 2019 to sell the pharmaceutical plant to Japanese contract drug maker AGC Biologics. That deal was completed in late May and the parties recorded a joint tenancy warranty deed with Boulder County last week worth nearly $40 million.
The facility is expected to begin full-scale operations and manufacturing by April 2021, according to an AGC news release.
“The addition of this facility supports AGC…
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