Featured Stories
Working Holistically: A New Partnership Model for Biologics Supply
In case you missed the recent virtual event hosted by Fierce Biotech, where J.D. Mowery, President, CDMO Division, Bora Pharmaceuticals, and Stephen Lam, Chief Executive Officer, Bora Biologics, tackled the issue of biologics’ supply, check out the key takeaways from the discussion here.
Granules India Acquires Senn Chemicals to Expand into Peptide Therapeutics
Pharmaceutical company, Granules India, has acquired Swiss CDMO, Senn Chemicals AG, for CHF 20 million (USD22 million) through its subsidiary, Granules Peptides as it enters the peptide therapeutics sector.
Amgen’s UPLIZNA Gains FDA Nod for Rare Inflammatory Disease Indication
The monoclonal antibody therapy is now the first and only treatment approved for patients with IgG4-RD.
How Demand for Flexibility is Shaping Facilities of the Future
For decades, successful pharmaceutical manufacturing has been judged on scale. Nowadays, higher precedence is being given to speed, coping with complexity, and customization.
Accure Therapeutics Granted USD 1.6 Million to Advance Parkinson’s Drug Candidate
The Michael J. Fox Foundation for Parkinson’s Research and the Luxembourg National Research Fund have provided funding for two separate projects assessing Accure Therapeutics’ ACT-02 for the treatment of Parkinson’s disease.
AmplifyBio Shuts Down Operations
A challenging biotech investment landscape is shaking up the industry and having a negative impact on multiple CDMOs in the space.
PharmaLogic Strengthens Footing in Radiopharmaceutical Field with Acquisition
The radiopharmaceuticals CDMO will have a majority stake in Agilera Pharma, advancing its strategy of becoming a fully-integrated service provider in the radiopharmaceutical therapy sector.
Novartis is Expanding its U.S. Manufacturing and R&D Presence
Over the next five years, Novartis will be investing USD23 billion in 10 facilities, including seven new facilities.
SHL Medical and Kindeva Partner to Enhance Molly® Autoinjector Platform
Drug delivery companies — SHL Medical and Kindeva Drug Delivery — have formed a partnership to enhance SHL Medical’s Molly® autoinjector platform aimed at pharmaceutical and biotechnology companies.
Suven Pharma Targets USD 1 Bn Revenue by 2030
CDMO, Suven Pharmaceuticals, aims to reach USD 1 bn in revenue by 2030, by investing in new facilities to increase production capacity and strengthen its capabilities in drug development and manufacturing to support global pharmaceutical clients.
New Analysis Strengthens Evidence of Reduced Risk of Dementia with Shingles Vaccination
Through analysis of historical vaccination program data, researchers have demonstrated a persistent link between the live-attenuated zoster vaccination and a lower incidence of dementia.
Porton Advanced and Eureka Therapeutics Partner to Accelerate T-Cell Therapy Development
Advanced therapy medicinal products specialist CDMO, Porton Advanced, and clinical-stage biotech, Eureka Therapeutics, have entered a strategic collaboration to accelerate the development and commercialization of T-cell therapies for cancer treatment.
Wheeler Bio Raises USD 35 Mn in Oversubscribed Series A Funding
Biologics CDMO, Wheeler Bio, has successfully raised USD 35 mn in an oversubscribed Series A-1 funding round. The funds will help the company strengthen its biologics’ manufacturing capabilities, such as planning the development of a large-scale facility.
Delpharm Secures USD 42 Mn Investment to Upgrade Injectables Plant
Canadian CDMO, Delpharm, has secured a USD 42 mn investment from the Canadian Government to enhance the production capacity of its injectables manufacturing facility in Montreal, Canada.
Curium Acquires Monrol for Strategic Expansion in Nuclear Medicine
Curium, a global leader in nuclear medicine, has announced the acquisition of radiopharmaceutical company, Monrol, as the company aims to improve its position in the global nuclear medicine market,.
Novo Nordisk Secures Exclusive Rights to Lexicon’s LX9851
Novo Nordisk has entered into an exclusive global licensing agreement with Lexicon Pharmaceuticals for Lexicon’s promising drug candidate, LX9851, which targets gastrointestinal disorders.
Esteve Química to Expand US Manufacturing Capabilities
Spanish CDMO, Esteve Química, is investing USD 100 mn to expand its U.S. manufacturing capabilities, focusing on increasing production capacity for high potency APIs (HPAPIs) amid increasing market demands for their use.
Bend Bioscience Expands Commercial Spray Drying and Granulation Capabilities
Innovation, science, and pharmaceutical services partner, Bend Bioscience, is expanding its Gainesville, Georgia facility with the addition of a commercial-scale spray dryer and a Gerteis drug granulation system.
Bionova Appoints Bionique as Preferred Provider for Mycoplasma Testing
US CDMO, Bionova Scientific, has selected New York CRO, Bionique Testing Laboratories, as its preferred provider for mycoplasma testing services in biologics manufacturing. The appointment will allow enhanced quality control processes for biologics production, ensuring the safety and efficacy of therapeutic products.
BioDuro Opens New Laboratory in Shanghai for Highly Potent Compound Synthesis
BioDuro, the global contract research, development and manufacturing (CRDMO) company, has opened a new state-of-the-art laboratory in Shanghai, China for the synthesis of high-potency APIs for the pharmaceutical industry.