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Not often you see M&A the size of Danaher's big-time buyout of Aldevron for $9.6 billion. That sets off the order this week, but plenty of other expansion news. Thanks for reading. |
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Kyle Blankenship |
Managing Editor, Endpoints News
@ka_blankenship
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Siddhartha Mukherjee, AP Images |
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by Josh Sullivan
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When Siddhartha Mukherjee founded Vor Biopharma in 2016, he had the goal of rewriting the book on stem cell transplants. To get there, Vor needed a leg up in clinical manufacturing — and now it has one. Vor will build an in-house clinical manufacturing facility next to its Cambridge, MA headquarters, which is is anticipated to be up and running in 2022, the company said Thursday. The outlay is all out of pocket, but Vor says the buildout won't impact its cash runway, which is sufficient to early 2023. The site will support the development of engineered hematopoietic stem cells (eHSC) and CAR-T candidates for patients with hematological malignancies. It will support clinical manufacturing for Vor’s cell therapy programs, with the company planning to add “several dozen” employees over the next few years to build off of Vor’s already-existing lease at its Cambridge site near the Alewife train station. CTO Sadik Kassim told Endpoints News in an interview Wednesday that there were three main reasons for Vor developing its own in-house manufacturing process. For starters, if Vor were to continue to outsource to CMOs and CDMOs, the company would be giving away trade secrets and with them, any competitive advantage it may hold. “The best way to control clinical development is by controlling manufacturing internally, so the sooner you do that, the better position you are in long term for enabling a registration trial and even a potential commercial launch,” he said. |
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Michael Chambers (L) and John Ballantyne |
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by John Carroll
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Life sciences conglomerate Danaher Corp. DHR has struck a deal to buy the fast-growing Aldevron, one of the world’s top manufacturers of hotly sought-after plasmid DNA, mRNA and recombinant proteins for the burgeoning world of vaccine and drugmakers pushing some game-changing technologies. Buyout talks set the stage for Danaher to settle on a $9.6 billion cash pact to acquire the private Fargo, ND-based company — a key supplier for a disruptive new Covid vaccine as well as a host of gene and cell therapy and CRISPR gene editing players — founded by Michael Chambers and CSO John Ballantyne as a crew of 2 back in 1998. |
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by Josh Sullivan
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At the start of the year, drug giant Bayer telegraphed its intent to ramp up production of contraceptives to help support countries in need. Now, the company is building a new plant in Finland and modernizing an existing plant to help reach that goal. The project will cost $303 million and expand the company’s footprint in Turku, Finland’s oldest city. The plant is expected to go online by 2025. “One of these goals is to provide 100 million women in developing countries with access to modern prevention and family planning by the end of 2030,” Bayer Nordic CEO Miriam Holstein said in a statement. "In this way, we can influence women’s health and social status, education and family size." In January, Bayer announced the goal of providing contraception to 100 million women in low- and middle-income countries by 2030. The need for modern contraception is unmet for more than 200 million women, and Covid-19 has made access to family planning services even more difficult in certain parts of the world, Bayer said. The initiative has the potential to save the lives of 100,000 mothers, and prevent children from dying through the prevention of unintended pregnancies, the drugmaker said. “We know from the data: when women can plan and space their pregnancies, they are better able to raise healthier families and continue to make an economic contribution,” Bayer’s head of sustainability Frank Strelow said in a statement. |
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Paul Burton, incoming Moderna CMO (J&J/file photo) |
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by Zachary Brennan
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Moderna is turning to one of its Covid-19 vaccine competitors to fill its open CMO slot, but this time, it's not the vaccine experience they're after. Paul Burton, who's spent 16 years at J&J, most recently as chief global medical affairs officer of Janssen, will take over as Moderna CMO on July 6. With an eye toward a future beyond the pandemic, the mRNA biotech went with Burton, who earned his MD and PhD degrees in London, as he offers experience on a range of therapeutic areas, as well as work as a cardiothoracic surgeon and leading tech projects with Apple. “Paul’s expertise across multiple therapeutic areas and his proven track record leveraging data science and digital technologies to reimagine medical engagement will be invaluable," Moderna CEO Stéphane Bancel said in a statement. "I look forward to working with Paul and re-inventing how medical affairs should be built and run in a digital world.” Burton will have big shoes to fill even as former CMO Tal Zaks, who cashed out tens of millions in stock before his departure, will be leaving after only six years. Zaks, with significant financial and clinical help from the US government, led Moderna to its Covid-19 vaccine success, culminating in the development of one of the most lucrative and life-saving products in biopharma history. In his last quarterly investor call for the company, Zaks ran down the company’s post-Covid-19 pipeline, including a long list of vaccines for CMV, RSV, and HIV and trials for cancer vaccines and rare disease drugs. Bancel made clear that they were turning over a new leaf. |
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by Josh Sullivan
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A German CDMO specializing in viral manufacturing is expanding its operations in Europe by building out an existing plant — and soon, it will be its own landlord, too. Vibalogics has begun the first stage of a $50 million expansion of its Cuxhaven, Germany facility, the company announced. It will also buy the site outright from the current owner. The CDMO specializes in the production of oncolytic viruses and viral vector-based vaccines and gene therapy products. The expansion will add another 100,000 square feet at the site for quality batch release and stability studies, drug product fill-finish and process development. The site expansion will accommodate additional BSL-2 classified areas that feature 500-liter single-use bioreactors for viral-derived products, in order to scale capacity efficiently. It will also have additional cell-production suites and 32,000 square feet of harvest, filtration and purification technology, and another 32,000 square feet of warehouse and office space. Vibalogics president Stefan Beyer said in a press release: |
The virotherapy sector is at an exciting phase in its journey. More and more companies are joining the industry, embarking on new projects with the potential to transform healthcare. We’re investing in our infrastructure, technologies and personnel at Cuxhaven to ensure we continue to meet fast-growing global market demand and offer the best possible service to our customers. |
| In November 2020, the company announced it would invest another $150 million into its 110,000-square-foot facility in Boxborough, MA, in an effort to one day mass produce hundreds of gene and cell therapies. The announcement came just about a year after Tom Hochuli came over from Lonza to take over as CEO. |
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by Josh Sullivan
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Delivering mRNA effectively and safely into the cell is one of the toughest challenges for expanding the use of the therapeutics that have taken off in popularity as of late. A deal between Germany-based specialty chemicals company Evonik and Stanford University will help develop a polymer-based delivery system for Evonik to license and commercialize. The company will work with university scientists to scale up the synthesis and formulation to develop organ selective delivery based on a synthetic polymer through a system dubbed as CART that was developed by Stanford professors Robert Waymouth, Paul Wender and Ronald Levy. Once completed, the technology will be made available for GMP use in clinical-stage development, and eventually commercially, if all goes according to plan. mRNA delivery is a leading obstacle in cancer immunotherapy, protein replacement and gene editing. Higher ups at Evonik think that the company is well-position to take on many of the industry's unmet needs. The deal is good for three years, and Evonik announced that it hopes the move will help the company increase its nutrition and care division's share of system solutions from 20% to more than 50% by 2030. Evonik's portfolio consists of lipid nanoparticles and custom lipids, formulation development and the manufacturing of clinical samples and commercial products. Evonik's LNP-based delivery systems are projected to bring in about $5 billion to the company by 2026, the company says. It acquired Tranfserra Nanosciences in 2016, and then manufacturer Wilshire Technologies in 2020. |
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by Josh Sullivan
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President Joe Biden's administration has ordered another round of shots. Moderna and the US government have reached a deal that will provide the company with another 200 million doses of its Covid-19 vaccine, and include the option to purchase other candidates from the company's pipeline, Moderna announced Wednesday. The agreement brings the total number of Moderna shots to 500 million. Another 110 million will be delivered in Q4 of 2021 and 90 million are expected in Q1 of 2021. As of June 14, the US has received 217 million doses from Moderna. “We appreciate the collaboration with the U.S government for these additional doses of the Moderna COVID-19 vaccine, which could be used for primary vaccination, including of children, or possibly as a booster if that becomes necessary to continue to defeat the pandemic,” CEO Stéphane Bancel said in a press release. | Moderna tag teams with private investors to bump up UAE vaccine rollout | Tiny UAE is the global leader in per capita terms, and now, it's getting a boost from Moderna and a national investment company to help distribute the vaccine and future booster shots once authorized. Magenta Investments, a pharmaceutical and healthcare company that is a part of a UAE investment and industrial conglomerate, announced plans to distribute the shots in 2021 and 2022. The company is a major player in improving health in the Middle East and Africa, it said, and is a part of Mawarid Holding Investment and the Emirates Business Group. |
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by Josh Sullivan
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Silicon Valley synthetic biology player and Roche collaborator Senti Bio has been hush-hush about much of its science since it was founded in 2016, but the company made noise Tuesday when it announced it signed a lease agreement to build out a commercial-scale manufacturing facility in Alameda, CA. The 92,000 square-foot facility will be built with the goal of providing clinical- and commercial-scale manufacturing for off-the-shelf CAR natural killer cell candidates. The site will support clinical trials for SENTI-202 for acute myeloid leukemia and SENTI-301 for hepatocellular carcinoma. In-house manufacturing will help Senti maintain control over supply and quality, and is being designed to provide end-to-end manufacturing, as well as storage for the final product, the company said. “If our clinical programs are successful, we believe this facility could support the manufacturing of multiple future product candidates at both clinical and commercial scale,” CTO and co-founder Philip Lee said in a statement. “Within this facility, we envision bringing together the latest technologies and exceptional manufacturing talent. We look forward to pursuing our goal of creating allogeneic cell therapies that can be manufactured from healthy donor cells in advance of clinical use, and then stored in frozen vials to be delivered rapidly to patients in an off-the-shelf manner.” Senti Bio signed a collaboration with BlueRock in May to develop molecular sensors and dials the company can program into cell therapies. The company has yet to disclose any more of its programs yet, except to say the diseases and cell types fall under the category of immunology, neurology and cardiology. |
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by Josh Sullivan
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While the UAE leads the world with the highest percentage of residents vaccinated, neighboring Saudi Arabia — home to nearly 35 million people — has lagged behind significantly. On Friday, Moderna announced that it has partnered with the Saudi pharmaceutical company Tabuk to manufacture its jab and future variant-specific boosters in the country. Tabuk will hold marketing authorization for the vaccine in Saudi Arabia, and the agreement gives them the possibility of distributing future Moderna mRNA products. Saudi Arabia has vaccinated just 6% of its population. The country has had a steady number of around 1,000 cases per day since May 20. Since the start of the pandemic, 7,503 Saudi Arabians have died from the virus, while 461,000 people have tested positive. “As part of our role and mission in Tabuk to deliver unique health solutions and preserve lives for the people of Saudi Arabia and countries we operate in especially during the current pandemic, our partnership with Moderna comes in as an evident choice to further support our mission in line with Saudi vision 2030 regarding biotechnology in association with such a distinguished & renowned company as Moderna," said Mohammed Alhagbani, the president of Astra Industrial Group, which owns Tabuk. Moderna has been busy. The company announced a plan to produce as many as 3 billion doses of its vaccine per year, in a move that CEO Stéphane Bancel said in an interview with Endpoints News was driven by the company's sense of obligation in helping the rest of the world with vaccines. At the start of May, though it was late to the party, Moderna pledged 500 million doses to Gavi, the vaccine alliance. |
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by Josh Sullivan
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Yet another company has voluntarily recalled lots of generic metformin hydrochloride, marking the ninth recall since the start of the year for the Type 2 diabetes drug. Viona Pharmaceuticals has issued a recall for two lots of its 750 mg extended-release tablets, the FDA said. The product was recalled after there were levels of nitrosodimethylamine — NDMA for short — above the acceptable daily limit. NDMA has cancer-causing potential, and is sometimes found in meats, dairy products and vegetables. So far, there have been no reports of negative side effects from this drug. The affected tablets are white to off-white colored, capsule shaped and uncoated tablets with a ZC on one side and 20 on another. The affected products are in 100-tablet bottles, and manufactured by Cadila Healthcare Limited in Ahmedabad, India, in November 2019. In January, Nostrum Laboratories twice voluntarily recalled its generic metformin. In November 2020, a batch of 500 mg tablets were recalled for the same reason. The two batches affected have an expiration date of October 2021. Metformin is used to control glucose levels in adults with type 2 diabetes mellitus. At least eight manufacturers have removed the drug from shelves for elevated nitrosamine levels in the past year. Anyone who has received some of the affected lots of metformin should continue to take their medication and contact their doctor for advise on pursuing further treatment, the FDA says. "It could be dangerous for patients with this serious condition to stop taking their metformin without first talking to their healthcare professionals," the recall notice says. |
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Worldwide made. Thanks for reading.
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