Samsung Biologics has updated the expected completion date for its $1.5 billion fifth plant. But in this op-ed, we ask whether this BIO-timed announcement is demonstrative of engineering expertise, shoddy forecasting, or a rabid media campaign? While industry has flocked to BIO this week, a family bereavement has meant this dejected journalist remains at home across the pond, sifting through the hundreds of prewritten press announcements trickling out of the Boston Convention and Exhibition Center (BCEC). One such release being…
Wednesday, June 7, 2023 Daily Archives
WuXi Biologics further invests in Germany production network
CDMO WuXi Biologics will double bioreactor capacity at a facility in Wuppertal and add a second filling line at a plant in Leverkusen due to increased European demand. China-headquartered WuXi Biologics bolstered its presence in Europe in 2020, adding first a drug product plant in Leverkusen, Germany and then a drug substance plant in nearby Wuppertal. Three years on and the contract development and manufacturing organization (CDMO) has pledged an undisclosed amount to expand both sites to support “global clients’…
Bayer licenses lipid nanoparticle tech for gene therapy
Bayer has licensed lipid nanoparticle (LNP) technology from Acuitas Therapeutics to develop in vivo gene editing and protein replacement programs in the liver. Bayer has joined forces with Acuitas Therapeutics, a Canadian biotechnology company specializing in LNP delivery of nucleic acid therapeutics. The partnership grants Bayer, and its affiliate Asklepios BioPharmaceutical (AskBio), access to Acuitas’ LNP technology. Bayer and AskBio will provide the gene editing technologies. “The collaboration will focus on developing and enabling in vivo genome editing CRISPR therapies for…
Biogen latest to slam US gov over ‘draconian measures’ of IRA
Biogen’s CEO says the Inflation Reduction Act (IRA) is causing drugmakers uncertainty and could follow fellow biopharma Merck in suing the US government. President Biden signed the IRA into law last August with the intention to minimize inflationary pressures and avoid a potential recession by boosting clean energy, strengthening supply chains, and increasing tax revenues. The IRA also aims to reduce healthcare costs by expanding premium subsidies in the Affordable Care Act’s (ACA) marketplaces and decreasing prescription drug prices. Chris Viehbacher, Biogen…