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Precision Medicine Group acquires Project Farma, adds to cell and gene therapy expertise

Precision Medicine Group acquires Project Farma, adds to cell and gene therapy expertise

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Bethesda-based Precision Medicine Group Thursday acquired Project Farma, a patient-focused bioengineering services firm that supports life science innovators in the manufacturing and scale-up of advanced therapies.

Project Farma will be part of Precision for Medicine, PMG’s research and development services arm.

Project Farma provides Precision a market-leading expertise in the manufacturing of life-changing medicines, with a unique focus in the rapidly growing area of cell and gene therapy. The acquisition adds Project Farma’s unique expertise to Precision’s suite of end-to-end cell and gene therapy capabilities to support development and commercialization.

Led by executive leaders Anshul Mangal, John Khoury, and Tony Khoury, Project Farma has distinguished itself as a global leader in planning and implementing complex biomanufacturing strategies and facilities for clients that range from start-up biotechnology companies to global biopharmaceutical companies and academic medical centers.

Project Farma has led more than a dozen manufacturing facility builds with capital investments greater than $1 billion, including some of the leading FDA-approved cell and gene therapy medicines.

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