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Northwest Biotherapeutics Announces That Construction Activities Are Under Way For the First Grade C Manufacturing Suite in the Sawston, UK Facility
Prnewswire· 2025-11-20 19:40
Accessibility StatementSkip Navigation BETHESDA, Md., Nov. 20, 2025 /PRNewswire/ -- Northwest Biotherapeutics (OTCQB:NWBO) (the "Company" or "NWBio"), a biotechnology company developing DCVax® personalized immune therapies for solid tumor cancers, announced that it has engaged a construction firm to carry out the construction of the first Grade C manufacturing suite in the Company's Sawston, UK facility, the construction firm is onsite and the construction activities have begun. The Company anticipates tha ...
Northwest Biotherapeutics Announces That Its Acquisition of Advent BioServices Ltd. Has Closed
Prnewswire· 2025-10-24 16:03
Core Points - Northwest Biotherapeutics, Inc. has successfully closed the acquisition of Advent BioServices Ltd., making Advent a wholly owned subsidiary [1][2] - The acquisition is expected to enhance operational efficiencies and scale-up capabilities for the company [2][5] - The company will not issue any new shares for the acquisition; instead, 19 million NWBio securities previously issued to Advent will revert back to the company [3][4] Financial Details - The acquisition consideration includes a payment of £1.4 million and the net amount of accounts payable already due from the company to Advent [4] - Payments for the acquisition will be made in installments over two years, starting 90 days after the closing date [4] Strategic Implications - The integration of Advent is anticipated to accelerate the development of additional applications and next-generation technologies [5] - The acquisition will facilitate a fully integrated platform combining the technologies and intellectual property of both companies, leading to streamlined operations and enhanced manufacturing capacity [8] Company Overview - Northwest Biotherapeutics focuses on developing personalized immunotherapy products for cancer treatment, particularly through its DCVax® platform [6] - The company has completed a Phase III trial for its DCVax-L treatment for glioblastoma and is currently awaiting regulatory approval in the UK [6]