Valion Bio's CDMO Establishes Campus in San Antonio Amid Tariff Changes
What happened
Valion Bio, Inc. announced that its wholly owned contract development and manufacturing organization, Velocity Bioworks, has established an integrated campus in San Antonio. This campus supports Valion's domestic biologics supply chain, which is developing Entolimod, a potential medical countermeasure for Acute Radiation Syndrome. The announcement follows increased industry attention on U.S.-based manufacturing due to the new Section 232 pharmaceutical tariff framework.
From hawaiitelegraph.com
Why it matters
The Section 232 framework imposes tariffs of up to 100% on certain imported patented pharmaceuticals and associated ingredients. Valion's Interim CEO stated that establishing U.S.-based manufacturing early in development can help companies avoid these tariffs and support a longer-term domestic supply-chain strategy.
From hawaiitelegraph.com
Who's involved
- San AntonioLocation where Velocity Bioworks established its integrated campus.
- CPS EnergyProvides essential services and revenue to San Antonio.
- Gina Ortiz JonesHolds the office of Mayor of San Antonio.
- Bexar CountyCounty that geographically contains San Antonio.
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The entities involved
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San Antonio
city in Bexar, Comal, and Medina counties in Texas, United States; seat of Bexar County