ImmuCell Board authorizes $3.5M First Defense capacity expansion, converting former Re-Tain facility

IMMUCELL CORP /DE/

Board authorized first phase: renovate former Re-Tain facility and add new freeze dryer.
Phase 1 expected to cost ~$3.5M and take approximately 12 months.
Second phase will repurpose Re-Tain equipment and add automation for First Defense colostrum processing.
Goal: strengthen ability to manufacture First Defense products to meet expected customer demand.

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