Although chromatography remains the backbone of downstream workflows, selecting appropriate technologies to optimize processes can be challenging. Numerous resin options are available, and the fact that most biologics are large, complex, and inherently unstable further complicates development of a robust workflow. Because chromatography processes can alter a biologic in ways that could impair its intended therapeutic function, investment in process development is critical. Techniques such as design of experiments (DoE) can be used to identify the best approach during process…
Tuesday, May 18, 2021 Daily Archives
Gene mAb platform drives $40m investment for Gennao Bio
Gennao Bio has raised 40 million in Series A financing to support its gene monoclonal antibody platform (GMAB) and the development of targeted nucleic acid therapeutics. Non-viral gene therapy firm Gennao Bio has raised $40 million with finances led by Logos Capital, OrbiMed and Surveyor Capital (a Citadel company). “Proceeds from the financing will enable us to accelerate the advancement of our proprietary, first-in-class gene monoclonal antibody platform (GMAB) and the development of targeted nucleic acid therapeutics for the treatment…
Charles River to boost CDMO offering through $300m Vigene acquisition
Charles River Labs plans to buy gene-therapy focused CDMO Vigene Biosciences for $300 million, further expanding its presence in the manufacturing space. The deal – which values Vigene at $292.5 million – will add viral vector-based gene delivery solutions to the contract research organization’s (CRO) expanding contract manufacturing offering. The transaction is expected to close in the beginning of the third quarter. Charles River CEO James Foster said the purchase would “expand our comprehensive cell and gene therapy portfolio to…
Gingko adds fungal expression platform through Dutch DNA buy
Gingko adds large-scale protein production capabilities outside the US through its acquisition of fungal platform technology company Dutch DNA. Boston, Massachusetts-based Gingko Bioworks is expanding its operations beyond the US through its acquisition of Dutch DNA Biotech, which is based in Utrecht, The Netherlands. Gingko will acquire 100% of Dutch DNA shares in cash and equity, though no further financial details were divulged. However, there is potential for specific stakeholders to receive earn-outpayments dependent on commercialization and technical milestones. “Ginkgo…