LSI Segment Divestment
Cell & Gene Therapy (CGT)
Market
Continued strong market growth,
with focus on regenerative
treatments for COVID-19
Some non-COVID-19 therapies have
been deprioritized
Rapid pipeline expansion in 2020:
>2,000 active therapies in
development
>1,100 regenerative medicine
clinical trials
Five landmark commercial
approvals in the last two years
Cost of production remains a
challenge
Lonza Operations
Business continuity maintained through pandemic, agreement with new customer
Altimmune allows for the supply of AdCOVID, a single-dose intranasal vaccine for COVID-19
Strong demand for our products and services
New customer agreements have enabled differentiated service offerings in emerging
modalities (e.g. partnership with BeTheMatch for apheresis networks management and
cellular source material)
Vein-to-vein supply chain network has been expanded to support CGT customers needs
beyond manufacturing
Financial Performance¹
Strong sales growth above the market, supported by solid demand from new and existing
clients
Margin and operational improvement through increased throughput on existing assets
2021 margin improvement anticipated through efficiency improvements and higher asset
utilization
1 Comparison versus 2019 at a constant exchange rate (CER)
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