Fujifilm Cellular Dynamics Inc. announced plans to establish a new stem cell facility in Madison, where UW stem cell pioneer James Thomson first founded Cellular Dynamics Inc., a stem cell manufacturing company, in 2004. Fujifilm Holdings Corp. acquired CDI in 2015 for $307 million.
According to a release, FCDI plans to build a $21 million facility for the production of human iPS cell therapy applications that will be operational by March 2020 and address “unmet medical needs” such as age-related macular degeneration, retinitis pigmentosa, Parkinson’s disease, heart diseases, and cancer. FCDI already has labs and offices on Madison’s west side.
