CMIC CMO USA Corporation, a subsidiary of Japan’s top contract development and manufacturing organization, CMIC CMO Co., Ltd., and Rutgers, The State University of New Jersey, a renowned institution for research and education, are proud to announce their partnership in advancing the field of Advanced Pharmaceutical Ma…
Craig Gordon, MD, Chief Executive Officer of @GordonMD Global Investments LP, announced that his firm has jointly invested in a private placement financing for Radionetics Oncology. Radionetics Oncology, a clinical stage pharmaceutical company spun out of Crinetics (Nasdaq: CRNX) in 2021, focuses on the discovery and …
Bayer AG has opened a new cell therapy production plant in Berkeley, California, USA, to bring cell therapies to patients on a global scale. The USD 250 million investment will support the production of material required for clinical trials and potential commercial launch of BlueRock Therapeutics’ bemdaneprocel an in…
Lotte Biologics has signed a land purchase agreement with the Incheon Free Economic Zone Authority (IFEZ) for the establishment of a Bio Plant in Songdo International City, Incheon, South Korea. Under this land purchase agreement, the company plans to construct three Bio Plants at Block KI20 in Zone 11 (418, 418-9, S…
Lonza, a global manufacturing partner to the pharmaceutical, biotech and nutraceutical markets, announced an extension of a long-term collaboration with a major global biopharmaceutical partner. The extended agreement will increase the current dedicated bioconjugation capacity fourfold by adding two new bioconjugation…
Freudenberg Medical, a leading global design and manufacturing partner for minimally invasive medical devices, has announced the creation of 100 new jobs, as it marks the official opening of its newly expanded facility in Galway, Ireland. The newly opened facility increases Freudenberg Medical’s existing manufacturin…
Cambrex announced the completion of its $38 million capacity expansion at its small molecule active pharmaceutical ingredient (API) manufacturing facility in High Point, North Carolina. This expansion doubles the facility's manufacturing capacity, with new state-of-the-art analytical and chemical development laborator…
HERMES PHARMA, the leading expert in user-friendly oral dosage forms, has announced it will invest €25 million to further bolster its manufacturing capabilities. The investment will arm the company with new equipment, increased production and storage capacity, and greater operational efficiency to meet the rapidly gro…
OBiO Technology, a prominent leader in the Cell and Gene Therapy (CGT) field and a Contract Development and Manufacturing Organization, proudly unveiled the official launch of its state-of-the-art GMP production facility, christened as OBiO Intelli-M. The launch of the new base in Shanghai will enhance OBiO's product…
Besins Healthcare, a global lead in Women's and Men's Reproductive Health, today unveiled its novel hormone production facility in Muel, situated near Zaragoza, Spain. This event represents a significant moment in European pharmaceutical history. Built in an astounding time frame since its foundation in mid-2022, thi…
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