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PharmaBioSource Realty Represents Shire on the Sale of its Milford, MA Manufacturing Site

PharmaBioSource Realty provided exclusive marketing and real estate services to sell Shire’s biologics drug substance manufacturing site located in Milford, MA.  The Milford site was acquired by Rentschler Biopharma, which will utilize the site as its U.S. contract manufacturing and development headquarters.  The transaction included a supply agreement for Rentschler to manufacture Obizur through Shire’s proprietary roller bottle process.  In addition to the acquisition of the 93,000 SF facility, Rentschler will retain approximately 100 staff employed at the site.

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