Aeras, IDT Biologika Form a Strategic Partnership with Acquisition of Aeras’s Manufacturing Facility

Rockville, MD., USA and Dessau, Germany, June 23, 2015 – Aeras and IDT Biologika today announced a strategic partnership that includes the acquisition of Aeras’s Biopharmaceutical Development Center (BDC) manufacturing facility by IDT.

Aeras is a non-profit biotech organization with offices in the U.S., China, and South Africa, working to develop new tuberculosis (TB) vaccines that are affordable and accessible to all who need them. IDT Biologika is a privately-held company with more than 90 years of experience researching, developing, manufacturing and marketing biologics for the global protection of human and animal health. This strategic partnership allows each organization to focus on its core strengths, with Aeras concentrating its resources on TB vaccine development and IDT working to grow this new commercial entity for vaccine development manufacturing…