Deal-Making

Ins and outs: AGC to address CGT needs through CBO hire

BioProcess Insider sat down figuratively with Jean-Baptiste Agnus, AGC Biologics’ chief business officer set to drive the contract development manufacturing organization (CDMOs) cell and gene therapy (CGT) business. Agnus joins AGC Biologics as chief business officer after three years with Ajinomoto Bio-Pharma Services where he was responsible for leading the firm’s global sales and marketing activities. Prior to this, he spent 13 years at Novasep, where he most recently held position of head of sales and business development North America.…

Masco Group bolsters engineering tech with KeyPlants buy

Masco Group strengthens its engineering technologies for the life sciences sector by acquiring a majority stake in KeyPlants AB. The deal, of which no financial details have been disclosed, sees technological solutions provider Masco Group acquire Swedish firm Keyplants, which focuses on modular off-site construction for the life science industry. “This partnership will strengthen Masco Group by combining its leadership in clean utilities and process technologies with KeyPlants’ expertise and innovative energy in prefabricated, modular facility solutions,†a spokesperson for…

CJ Cheiljedang diversifies biz with $226m Batavia buy

CJ Cheiljedang has entered the biopharma CDMO space through the acquisition of Batavia Biosciences. The deal, which is worth $226 million, sees CJ Cheiljedang, a subsidiary of South Korea’s food and entertainment corporation CJ Group, acquire Netherlands-based contract development manufacturing organization (CDMO) Batavia Biosciences to drive its position in the biotechnology field. Batavia is a CDMO which specializes predominantly in viral vaccines and viral vector products. It also has capabilities for monoclonal antibodies (mAbs) and recombinant protein development. “We identified…

MilliporeSigma to support SaudiVax in developing first halal vaccine

SaudiVax has selected Merck KGaA to help design a Saudi-based facility to localize manufacturing of vaccines and biologics in the region. SaudiVax is expected to become the first developer and manufacturer of halal biotherapeutics and vaccines in Saudi Arabia and has turned to German Merck’s contract development manufacturing (CDMO) services and single-use technologies – MilliporeSigma – to help design a multi-modality manufacturing plant. The plant will be located at the King Abdullah University of Science and Technology (KAUST) campus, north…

Ins and outs: Avid create viral vector position to lead CGT expansion

CDMO Avid Bioservices has appointed Elie Hanania as vice president, process development, viral vector technologies to lead the company’s efforts in the CGT space. Sit back, relax, and enjoy this week’s Ins and outs. Biologics contract development and manufacturing organization (CDMO) Avid Bioservices turned to the production of viral vectors in October with plans to build a 53,000 square foot viral vector development and GMP manufacturing facility in Costa Mesa, California at a cost of around $75 million. Now, with…

Emergent taking $180m hit as US Gov scraps CDMO contract

The US Department of Health and Human Services has terminated a long-term CDMO partnership with Emergent BioSolutions, which included a $628 million deal to produce COVID-19 vaccines. In 2012, Emergent BioSolutions entered into a public-private partnership for pandemic preparedness with the Biomedical Advanced Research and Development Authority (BARDA), part of the US Department of Health and Human Services (HHS). When COVID-19 hit, the partnership was expanded with Emergent receiving $628 million as part of the federal government’s pandemic response Operation…

Vaccine partnership results in optimized mRNA process, says BioNet

BioNet’s product development of genetic vaccine know-how integrated with BIA’s chromatographic columns for mRNA purification has produced a high-yield mRNA process, says firm. BioNet is a French-Thai biotech firm that focuses on manufacturing genetically engineered vaccines and BIA Separations is a biochromatography development and manufacturing company, which Sartorius acquired in October 2020 for $423 million. The collaboration, which was formed in early 2021, has resulted in what the firms are calling a successful development of an optimized messenger RNA (mRNA)…

Lonza bags Codiak’s exosome plant in $65m deal

Lonza has acquired an exosome manufacturing facility in Lexington, Massachusetts from Codiak BioSciences, which will keep its pipeline of therapeutic candidates. “Exosomes are extracellular vesicles excreted by cells into the surrounding fluids with a diameter between 30 and 150 nanometers,†Senthil Ramaswamy, executive director of Cell and Gene Technologies R&D, Lonza told us. “They represent a form of cell-to-cell communication. Cells can exchange metabolites, genetic information, and proteins through exosomes. The membrane-bound structure of exosomes allows for loading with various…

ElevateBio adds genome engineering tech with Life Edit buy

Life Edit’s genome editing capabilities will be combined with ElevateBio’s cell and gene enabling technologies to expand the number of therapeutic uses. The deal, of which financial details have not been disclosed, sees cell and gene therapy (CGT) tech firm ElevateBio acquire all of AgBiome’s shares of Life Edit Therapeutics (Life Edit). According to ElevateBio, the acquisition will allow the firm to integrate Life Edit’s genome editing abilities with its induced pluripotent stem cells (iPSCs), viral vector, and cellular engineering platforms.…

Ecolab to acquire Purolite in $3.7bn deal

Ecolab adds service solutions to drive end-product safety and quality through the acquisition of Purolite, which it says doubles its existing high growth. Ecolab, a firm that specializes in water, hygiene and infection prevention solutions and services has entered into an agreement to buy Purolite, a separation tech company in a cash transaction valued at $3.7 billion. The transaction is expected to close in Q4 2021 and according to Ecolab, Purolite will operate as a separate global business unit but…