Thursday, February 2, 2023 Daily Archives

EVEON and Sensorion to advance delivery of ear gene therapies

The firms will work collaboratively to develop an injection system for the delivery of Sensorion’s gene therapy products for the inner ear. EVEON, a company that designs and builds custom devices for preparation and administration of advanced therapeutic treatments, has partnered with Sensorion, a biotech firm that focuses on the development of therapies to treat, prevent, and restore hearing loss disorders. Together, they aim to design and advance an injection system to deliver Sensorion’s gene therapies to the inner ear,…

Andelyn to manufacture vision loss gene therapy for Odylia

Andelyn Biosciences will produce Odylia Therapeutics’ gene therapy, OT-004, which aims to treat vision loss caused by the RPGRIP1 gene. Contract development manufacturing organization (CDMO) Andelyn has partnered with nonprofit biotech firm Odylia to produce OT-004, which is an investigational adeno-associated virus (AAV) that uses the ancestral AAV, Anc80 to create an efficient gene transfer of RPGRIP1 to treat vision loss in individuals that lack a functional copy of the gene. “Andelyn’s adherent production platforms utilize a transient transfection of…

COVID drop: Getting to the ‘core’ of Thermo Fisher’s 7% growth forecast

Thermo Fisher expects a 3% drop in core organic growth for 2023 as COVID-related revenues decline but associated capacity will shift to other products in pharma’s pipelines. For the full year 2022, thermos Fisher reported sales of $44.92 billion, up 15% year-on-year. Its Laboratory Products and Biopharma Services division – which includes both its bioprocess and contract development and manufacturing organization (CDMO) businesses – pulled in $22.5 billion, up 51% on the year prior, though organic growth (without the impact…