Avista will apply its single-cell adeno-associated virus (AAV) engineering scAAVengr platform to advance intravitreal AAV capsids, which match capsid profiles defined by Roche. The deal, of which Avista Therapeutics will receive an upfront payment of $7.5 million and potentially receive further payments that exceed $1 billion if certain milestones are met, aims to co-develop AAV vectors for use in gene therapies that can treat eye diseases. “Under the terms of the agreement, Avista will be responsible for the design, screening…
Friday, July 22, 2022 Daily Archives
Samsung’s speed key to rapid growth of biologics CDMO, says CEO
As Samsung Biologics secures land to potentially build four more biomanufacturing plants, CEO John Rim claims the CDMO can design, construct and validate a facility “probably 40% faster” than others. In 2017, I spoke with TH Kim, the founder and then CEO of Samsung Biologics, who told me his plans to grow the contract development and manufacturing organization’s (CDMO) presence through a third facility at its site in Songdo, Korea to feed the continued demand for third-party biomanufacturing. Five years…