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Resilience Announces Long-Term Financing of up to $825 Million to Accelerate CDMO Strategy
Avid BioservicesAvid Bioservices(US:CDMO) Businesswireยท2025-10-29 07:05

Core Insights - National Resilience has secured long-term debt financing of up to $825 million from Oak Hill Advisors to enhance its balance sheet and support growth initiatives [1] - The new capital will facilitate the acceleration of Resilience's CDMO (Contract Development and Manufacturing Organization) business strategy and investments in manufacturing operations located in Cincinnati and Toronto [1] Financial Strategy - The financing aims to strengthen the company's financial position, allowing for increased operational capabilities and expansion [1] - The investment is expected to play a crucial role in Resilience's plans to broaden access to complex medicines [1]