European Biotechnology - Life Science and Industry Magazine (EBM)

Corden Pharma - A Full-Service CDMO has announced its largest strategic investment to date with a committed spend of ~€900m over the next 3 years to grow its peptide technology platform. The production capacity expansions, covering both existing facilities and new constructions, will meet the pharmaceutical industry’s most stringent quality and technical standards for short and long peptide manufacturing, including BLA requirements. Read more: https://lnkd.in/e8YAqBFf #biotechnology #biotechnews #pharmaindustries

Under the agreement, Prague-based SOTIO Biotech AS will pay up to US$325.5m biobucks to use Biocytogen’s RenLite antibody discovery platform to design bispecific antibody drug conjugates (ADC) that home in on selected different cancer targets. The amount of the upfront payment was not specified. Biocytogen will be eligible to receive single-digit royalties on net sales on a product-by-product basis. SOTIO will be responsible for preclinical and clinical development, manufacturing, and commercialisation of the ADC products. Read more: https://lnkd.in/e87U9rtp

CDMO Renschler has opened a huge biologics production line near Boston doubling the company's cGMP-compliant global production capacity and laying the foundation for a huge expansion in the US market https://lnkd.in/dnka75pA

The European Commission has fully upheld the complaint by PharmaMar SA due to conflicts of interest of leading EMA experts in the (non-)authorisation of Aplidin. ℹ Read the full article here: https://lnkd.in/eUf_n2C7 #europeanbiotechnology #biotechnews #biotechnology #biotechnologynews #ema #aplidin

At a recent event researcher and founder of bit.bio, Prof. Mark Kotter, Babraham Research Campus in Cambridge/UK, was asked what #healthcare looks like in 2050. He gave a twofold answer, that it will be driven by data, but also will be personalised. Mark Kotter elaborates here in more detail what is needed to unlock a healthcare of tomorrow. ℹ Read more: https://lnkd.in/ebraqAH9

Merger within Ghent, Belgium: anacura acquires OHMX.bio (both residing in neighborhood), adding multi-omics for drug discovery and diagnostics to its services. ℹ Read more here: https://lnkd.in/eA_6BnW6

Tubulis GmbH doses first patient in phase 1/2a trial investigating #ADC candidate TUB-040 in ovarian cancer and lung adenocarcinoma (NSCLC). TUB-040 is a NaPi2b-targeting Exatecan ADC based on Tubulis’ proprietary linker technology with better biophysical properties that demonstrated effective and durable responses in a range of preclinical models. ℹ Read more: https://lnkd.in/gEZhZcaM

French dairy giant Danone, engineering materials group Michelin, US start-up DMC Biotechnologies, Inc. and Crédit Agricole Centre France have joined forces to create the Biotech Open Platform as precision fermentation centre. ℹ https://lnkd.in/etp7WMFT

++ Tacalyx GmbH' extends seed capital financing ++ Tacalyx GmbH, the 2019 spin-out from Peter Seeberger's glycan research group, has doubled its seed funding from €7m to to a bit over €14m to advance its discovery-stage and preclinical pipeline of so-called anti-TACA (Tumor Associated Carbohydrate Antigensa) cancer compounds. The expansion round was led by new investor Thuja Capital, which joined existing investors Boehringer Ingelheim Venture Fund (BIVF), Kurma Partners, HTGF | High-Tech Gründerfonds, coparion, IDInvest/Eurazeo, Creathor Ventures and the Max Planck Society (MPG). ℹ Read the full article here: https://lnkd.in/ezeTuTBD

You'll attend the Chemspec Europe - Int. Exhibition for Fine & Speciality Chemicals 2024 in Duesseldorf next week? The official media partner European Biotechnology - Life Science and Industry Magazine (EBM) wishes all delegates a good travel to one of the UEFA EM 2024 host cities and a succesfull stay at this must-attend of the fine and green chemistry industry! Pick up your personal free copy of the current edition at the spot! For thoose you can't wait, please order your free sample here: https://lnkd.in/eWDYtZz5 Hope to see you next week. #chemistry #greenchemistry #finechemistry #chemspec #europe #duesseldorf