CSL to pump $1.5bn into US plasma supply chain [Yahoo! Finance]
CSL LTD SP/ADR (CSLLY)
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Source: Yahoo! Finance
Australia-headquartered CSL remained scant on details, though it said the planned investment will “generate hundreds of high-quality American jobs”. The US expansion will strengthen the company's plasma-derived therapies (PDTs) manufacturing, along with securing the company's supply chain in the country. CSL said the capital injection reflects “the growing clinical need for immunoglobulin over the long term”. CSL's plasma therapies unit, CSL Behring, is headquartered in Pennsylvania. CSL Behring contributes the largest proceeds to CSL, with the plasma business generating $11.16bn in revenue in 2024. Immunoglobulin (Ig) replacement therapy is the main plasma-derived therapy used to treat immunodeficiency diseases. For CSL Behring, its Ig portfolio exhibited strong 7% growth in 2024 compared to 2023. In its annual report, CSL said that there is a “significant opportunity for continued global Ig growth as the market expands”. The pharma company anticipates its Ig therapies Privi
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