Catalent Plans $100M Expansion Of Biologics Capabilities At Italian Vaccine Plant


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Catalent Inc (NYSE:CTLT) will begin the first phase of a planned $100 million expansion at its facility in Anagni, Italy, to add biologics drug substance manufacturing capabilities

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  • The plant is currently filling vials of COVID-19 vaccines for AstraZeneca plc (NASDAQ:AZN) and Johnson & Johnson (NYSE:JNJ).
  • The company plans to install two 2,000-liter single-use bioreactors at the Anagni plant and the infrastructure required for another six 2,000-liter single-use bioreactors. 
  • The initial expansion is expected to be commissioned and operational in April 2023 and will increase the site's workforce by as many as 100 employees. 
  • Later phases of the planned expansion may include 16,000 liters of total flexible manufacturing capacity, enabling a 2,000-liter to 8,000-liter batch production scale.
  • Price Action: CTLT shares are up 0.28% at $113.00 during the market session on the last check Wednesday.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: BiotechNewsHealth CareGeneralBriefsCOVID-19 Vaccine