Global Markets

Fujifilm to invest $500m+ in UK CDMO business

Fujifilm Corp has confirmed £400 ($532) million of a previously announced investment program will be spent expanding its CDMO operations in Billingham, UK. According to a plan unveiled today Fujifilm will double the sites development and manufacturing capabilities, establish both a viral gene therapy facility and a mammalian cell culture facility and create up to 350 jobs. Fujifilm Diosynth Biotechnologies will also build a cell culture facility and ramp up antibody-based therapeutics production capacity through the addition of four 2,000…

Regeneron moving fast to assess Ab cocktail for Omicron variant

Regeneron says it can adapt its COVID-19 antibody cocktail to be effective against the Omicron variant if necessary, thanks to lessons learned the first time around. Omicron was the word of the day at the Evercore ISI HealthCONx Conference yesterday, as drug companies assess the potential impact of the recently discovered variant. One company that spoke about its efforts against the new strain was Regeneron, which has been at the forefront of therapeutic development against COVID-19 with its antibody cocktail…

Omicron variant disrupts Thanksgiving for COVID vaccine firms

Moderna says it will know whether its current mRNA vaccine protects against the Omicron variant within two weeks. Discovered in South Africa last week, the B.1.1.529 variant – named Omicron – has become a concern in the fight against COVID-19 due to its large number of mutations. “[There are] at least 30 in the spike protein alone, with nine of them known to be associated with immune escape and another 11 predicted to be associated with immune escape. You bring…

COVID-19 to shape mRNA vaccine and therapeutic sector for years to come

COVID-19 established mRNA vaccines as an effective therapeutic option and – says a technology expert – has set the blueprint for how they will be made for the foreseeable future. Developers were working on mRNA-based medicines before 2020 with Alnylam’s polyneuropathy treatment Onpattro (patisiran) being one of the first such therapies to win approval. However, the COVID-19 pandemic prompted a period of rapid growth for the market – particularly mRNA vaccines – that shows little signs of slowing according to…

Switzerland flexing its CGT muscle with a little help from Novartis and Roche

Heavy investment in R&D and manufacturing capabilities is driving the Swiss advanced therapy space but challenges including the skill-deficit still exist, says consultancy firm Coulter Partners. As interest in cell and gene therapies (CGTs) grow, certain hubs are arising globally. Philadelphia’s ‘Cellicon Valley’ and Texas both come to mind, but across the pond Switzerland has been subject to numerous investments and the sector is blossoming. “Switzerland remains a highly attractive location for biopharma in general, due to the fiscal situation,…

CureVac reallocating failed COVID vax capacity to support next-gen mRNA

Having abandoned its COVID-19 candidate CVnCoV, CureVac has switched up its manufacturing network in preparation for a second-generation messenger RNA (mRNA) vaccine. For the third quarter 2021, German biotech CureVac reported a loss of €143.5 million ($162 million) – a €106.4 million increase compared to the same period in 2020. According to the firm, the increase was in line with high development costs of CVnCoV, the firm’s first-generation mRNA vaccine targeting COVID-19. This was propped up due to a change…

Amneal to leverage Indian network to enter biomanufacturing space

With a robust biosimilars pipeline and an increasingly large footprint, Amneal is preparing to invest in biologics manufacturing capabilities. Amneal Pharmaceuticals has developed and commercialized numerous small molecule drugs and generics but according to the Indian press the firm is on the verge of entering the biomanufacturing space with a greenfield biologics plant in Ahmedabad on the cards. The interest in biologics was confirmed by Amneal spokesman Anthony Di Meo, but he said plans have not been finalized. “In terms…

COVID drove innovation in consumables sourcing and inventory management

COVID-19 has changed how drugs and vaccines are made according to experts who say limited raw material supplies and manufacturing capacity have forced industry to innovate in sourcing and inventory management. The pandemic has disrupted the global supply of consumables and technologies according to Josh Speidel from Latham BioPharm Group, who said on BioProcess Insider’s recent State of the Industry webinar that delivery timelines have increased significantly. “The pandemic has put immense pressure on the global manufacturing capacity†adding that…

CBM: SK investment to fund next growth phase for ambitious CDMO

The Center for Breakthrough Medicines (CBM) has taken an undisclosed amount from Korean investment firm SK Inc in its latest push to become the world’s largest cell and gene CDMO. In early 2020, life science and real estate investment company MLP Ventures and the Discovery Labs set-up CBM through a 680,000 square-foot facility at a former GSK R&D campus in King of Prussia, Pennsylvania. At the time, Brian O’Neill, founder of the Discovery Labs, said through $1.2 billion of funding…

COVID hit cell and gene therapy trials and suppliers but experts see signs of recovery

COVID-19 disrupted cell and gene therapy trials as well as the contractors and suppliers that support them, according to experts. SARS-CoV-2, the virus that causes COVID-19, impacted all parts of biopharma. For example, the focus on vaccines highlighted manufacturing capacity limitations while increased demand for consumables and raw materials put pressure on suppliers. The pandemic also disrupted R&D to the extent that some developers put projects on hold according to Amelie Boulais, head of market entry strategy at Sartorius, who…