Featured Stories
Samsung Biologics' Record Quarter Driven by Biosimilars Sales
End-to-end CDMO, Samsung Biologics, has reported a record-setting quarter, with a 37% increase in sales, driven primarily by its biosimilars unit, Samsung Bioepis. The company achieved significant year-over-year growth, including a 107% rise in biosimilars sales, largely due to successful products like Hadlima, a Humira biosimilars, increasing profits by 71%.
Agilent to Acquire BIOVECTRA and Expand Biopharma Solutions
Agilent Technologies has recently announced an agreement to acquire leading, specialized CDMO, BIOVECTRA, for $925mn as the company looks to expand on its existing CDMO specialization in oligonucleotides and CRISPR. Utilizing BIOVECTRA’s specialization in biologics, highly potent active pharmaceutical ingredients, and other molecules for targeted therapeutics, Agilent will eventually be able to expand its capabilities in biologics, HPAPIs, and gene editing technologies.
Novartis Announces Closure of its San Diego Research Facility
Pharmaceutical Multinational, Novartis, has filed notice to close its San Diego R&D facility by mid-2025, eliminating 100 jobs. The facility, which is currently being used for oncology, neuroscience and immunology R&D, will be moved to other existing U.S. locations. The company says it plans to maintain a presence in San Diego.
Lonza Group Welcomes New CEO
Wolfgang Wienand has been announced as the new CEO of Lonza Group (starting July 1), succeeding Albert M. Baehny, who served as interim CEO since October 2023 and was Chairman of the Board until May 2024.
Ginkgo Bioworks Expands Layoffs to 400 Job Cuts
Following a previous announcement just a few days earlier that it would layoff 158 of its workers, Ginkgo Bioworks, the cell programming company, expanded the number of people affected to 400, or around 35% of its workforce.
Lilly Looks to AI in Fight Against Drug-Resistant Bacteria
Eli Lilly has announced a partnership with OpenAI to leverage generative AI to invent novel antimicrobials to address drug-resistant pathogens and their worldwide impact on antimicrobial resistance.
The collaboration comes through the initiative of Lilly’s Social Impact Venture Capital Portfolio, with $100mn committed to provide patients with two to four new antibiotics by 2030.
Abzena and Argonaut Partner to Promise Accelerated Drug Development Support
Two CDMOs, Abzena and Argonaut Manufacturing Services, have announced a strategic partnership to provide an integrated drug substance and product manufacturing solution for biopharmaceutical companies to streamline drug development from early discovery to commercial manufacturing.
NeuroBo Announces Successful Pre-Clinical Results, Raises $70 Million in Shares Sale for GLP-1
NeuroBo has recently announced pre-clinical data for its drug candidate DA-1726, demonstrated superiority in weight loss, retention of lean body mass, and lipid-lowering effects compared to Boehringer Ingelheim’s survodutide, in pre-clinical models.
Zealand Pharma Raises $1 Billion to Develop Obesity Drugs
Zealand Pharma has sold $1bn worth of new shares as it sets out to invest in the development of obesity pipeline candidates including amylin analogue petrelintide and the GLP-1/GLP-2 receptor dual agonist dapiglutide.
Lupin Appoints CEO of New API CDMO Subsidiary
Indian multinational pharmaceutical company, Lupin, has expanded into the CDMO market.
The company has appointed Abdelaziz Toumi as the CEO of its newly established subsidiary, Lupin Manufacturing Solutions (LMS) which will focus on developing, manufacturing, and selling APIs while expanding into the CDMO market.
Capitalizing on a Boom in Injectable Therapies
It wasn’t so very long ago that progress in delivering systemic treatments, via new oral technologies, inhalables and via a plethora of alternative routes of delivery suggested that the days were numbered for invasive injections, but recent reports now suggests injectables will remain a mainstay of drug delivery for some time to come.
BIO 2024: Adapting Payment Models for Gene Therapy
With plenty of panels happening at BIO 2024, one convention discussion highlighted the transformative potential of gene therapy and the challenges of funding these high-cost, one-time treatments. Experts from bluebird bio, Vertex Pharmaceuticals, and other stakeholders emphasized the need for innovative payment models that reflect the long-term value of gene therapies.
GSK Acquires License for RNA Drug Discovery Platform
GSK has secured a non-exclusive license to Elsie Biotechnologies' oligonucleotide discovery platform following a successful research collaboration.
Thermo Fisher Opens GMP-certified Ultra-cold Facility in Netherlands
Thermo Fisher Scientific has inaugurated a GMP-certified ultra-cold facility in Bleiswijk, Netherlands, to enhance its clinical trial network in Europe. This state-of-the-art facility supports the development of advanced therapies, including cell and gene therapies, biologics, and vaccines through comprehensive services, including ambient to cryogenic storage, clinical packaging, labeling, and distribution.
Kindeva Expands UK Facilities for Green Propellant Growth
Kindeva Drug Delivery, the drug and device CDMO, is to expanding its facilities at its Charnwood campus in Loughborough, U.K. The expansion will support growth in demand for so-called green propellants, providing commercial-scale supply and doubling the company’s UK laboratory footprint.
Vetter Pharma Expands Manufacturing Capacity in the U.S. and Germany
The company will move its development services site from Skokie to Des Plaines, Illinois, where a construction project was announced to add new buildings for clinical manufacturing and related services. Vetter will also expand its commercial business at its 125-acre site in Saarland, Germany, to meet increasing customer demand for high quality injectables.
Sharp Services Expands Pennsylvania Facility to Boost Sterile Injectable Market
Sharp Services announced a significant expansion of its Macungie, Pennsylvania site, doubling its size to 315,000 square feet and enhancing production capacity for sterile injectable secondary packaging, including vial labeling, pre-filled syringe assembly, and autoinjector packaging. The expansion - driven by increasing demand for biologics and injectable medicines - will also add new packaging suites, cold storage, and create 75-100 new jobs.
Asahi Kasei's Bionova Expands into Plasmid DNA for Cell and Gene Therapies
Japan headquartered chemicals group, Asahi Kasei, is expanding its Bionova CDMO’s services to include plasmid DNA (pDNA) production for cell and gene therapy developers by establishing a new facility in The Woodlands, Texas, where it is set to begin research-grade pDNA production in early 2025 and GMP manufacturing later that year.
AltruBio Secures Series B Funding for Autoimmune Regulator
The San Francisco-based biotech secured $225 million to further develop its immune checkpoint enhancer, ALTB-268. This novel therapy aims to treat autoimmune and inflammatory diseases by regulating overactive immune responses without affecting normal immune defenses.
Alcami Meets Demand for Parenteral Manufacturing with New RTP & Charleston Fill-Finish Capacity
To meet increased market demand for parenteral manufacturing, leading CDMO Alcami has announced the strategic expansion of its sterile fill-finish manufacturing capabilities and capacity for a total of six fill-finish lines.