A Northern Irish contract manufacturer is making some big moves in the Keystone State.
The Almac Group, a global contracting and manufacturing company for APIs and pharmaceuticals is expanding its North American headquarters in the town of Souderton, PA, northwest of Philadelphia.
The company is looking to invest $65 million into the facility with the plan being to increase the clinical capacity at the facility by 60%. Almac is also looking to add additional cold and ultra-low storage as well as just-in-time processing capabilities which Almac predicts will be to support the industry trend toward biologics and advanced therapeutic medicinal products (ATMPs).
The Souderton expansion is expected to break ground sometime in early 2023, and once complete it will bring the company’s North American headquarters to a total of 340,000 square feet.
“Drug development and clinical trials continue to evolve across the world, with sponsors expanding their pipelines to focus on biologics, vaccines and advanced therapy medicinal products. Almac is at the forefront of building supply chain expertise and capacity for this evolution,” said Robert Dunlop, president of Almac Clinical Services said in a statement.
However, this is not the only investment that Almac is looking to make. The company is also upgrading its two other Montgomery County sites bringing the company’s total investment in Pennsylvania to $93.5 million. The company is also looking to add 355 jobs to the state over the next three years.
However, to tackle this expansion the company has received monetary help from the state. The company received a funding proposal from the Pennsylvania Department of Community and Economic Development of $1.8 million as well as a Pennsylvania First grant and a $250,000 workforce development grant. The company has also been encouraged to apply for a manufacturing tax credit and a research and development tax credit program.
This is not the first major investment the company has made in Pennsylvania. In 2016, the company committed to leasing out 26,000 square feet of office space in Lansdale, PA, and investing around $24.4 million in an expansion project that saw the company add more machine lines and cold storage as well as create 312 jobs.
While the Keystone state is certainly on the company’s mind, it has not neglected its home in Northern Ireland, where last year it announced that it was expanding its Armagh location by 42,000 square feet.
Pre-pandemic, the life sciences industry had settled into a pattern. The average drug took 12 years and $2.9 billion to bring to market, and it was an acceptable mode of operations, according to Nimita Limaye, Research Vice President for Life Sciences R&D Strategy and Technology at IDC.
COVID-19 changed that, and served as a proof-of-concept for how technology can truly help life sciences companies succeed and grow, Limaye said. She recently spoke about industry trends at Egnyte’s Life Sciences Summit 2022. You should watch the entire session, free and on-demand, but here’s a brief recap of why she’s urging life sciences companies to embrace digital transformation.
James Sabry’s BD team at Roche has a long track record in hunting the globe for new biotech deals. But they’ve never journeyed into China before to ink a worldwide development and commercialization pact with a China-based biotech on an experimental med.
As Max Gelman reported yesterday, Roche fronted a new alliance with China’s Jemincare with $60 million in cash and $590 million in milestones for worldwide commercial rights to an oral androgen receptor degrader. The deal itself is fairly typical of an early-stage alliance around a promising treatment. The Shanghai-based biotech is largely unknown outside China, but this is a classic high-risk, modest upfront pact that Roche routinely inks.
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Martin Landray knows what controversy in clinical drug development feels like, from first-hand experience.
Landray was the chief architect of RECOVERY, a study that pitted a variety of drugs against Covid-19. And he offered some landmark data that would help push dexamethasone out into broader use as a cheap treatment, while helping ice hydroxy’s reputation as a clear misfire.
“Lots of people told us we shouldn’t use it,” Landray says about dexamethasone and Covid-19. “It was dangerous. We shouldn’t even do a trial. They also cared about hydroxychloroquine and lots of people said we shouldn’t do a trial because it must be used. I’ve got the letters from both sets of people.”
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Roche’s Genentech is going high style next month for New York Fashion Week. The pharma is hosting its first-ever runway fashion show to raise disability visibility, featuring models from the spinal muscular atrophy (SMA) community.
“Double Take” will be held Sept. 8, the day before the official New York event begins, with models walking and rolling across the stage wearing stylish and functional adaptive clothing. Eleven people living with SMA and four advocates will show off the custom fashions created by Open Style Lab, a Brooklyn nonprofit and accessible clothing design collaborative.
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It’s been just two days since Endo International filed for bankruptcy in an attempt to dig itself out of thousands of opioid lawsuits. Now one of its top sellers is in trouble.
A federal appeals court on Thursday affirmed a Delaware judge’s decision that Eagle Pharmaceuticals’ generic version of Endo’s vasopressin injection Vasostrict does not infringe on the company’s patents. Eagle’s version won approval back in December, and already, the generic and others like it have driven down Vasostrict sales.
After a nearly 365-day delay, Axsome Therapeutics has secured its first drug approval with an FDA green light for Auvelity as a treatment for adults with major depressive disorder.
The biotech is keeping shy on the pricing for now and, on an investor call, CEO Herriot Tabuteau attributed the FDA’s yearlong delay mainly to the Covid-19 pandemic. The rapid-acting NMDA receptor antagonist is not a scheduled drug under the DEA, the CEO confirmed on the call.
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Two drug manufacturers on opposite sides of the globe are facing the heat from the FDA over several quality control issues.
India-based manufacturer Sun Pharma was hit with a Form 483 following an FDA inspection of its Mohali facility from Aug. 3-12.
The FDA found failures when reviewing unexplained discrepancies regarding whether a batch already had been distributed at the location.
The investigation found that there were instances of backdating, but Sun’s report was not thorough enough for the FDA to evaluate the full scope of the offense. Sun did not interview all quality assurance reviewers, but it did confirm backdating by employees who had denied the practice initially. Sun also did not have a thorough review of other work performed by the employees, according to the FDA report.
José Romero is a Latino HIV activist in Durham, North Carolina — and one of the stars of Gilead Sciences’ docuseries about the impact of HIV in the South.
The six-part “Blind Angels” series initially aired on CNN over the past few months with individual episodes now being submitted and screened at film festivals around the country. Romero’s episode, for instance, was screened at the OutSouth Queer Film Festival in Raleigh-Durham last weekend. Romero spoke at the festival and to a “standing room only” audience, a Gilead spokesperson said.
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You win some, you lose some. And in New Jersey federal court on Wednesday, Bausch Health won.
About a month after a Delaware court found certain Xifaxan patents invalid — potentially opening the door for generic competition — a New Jersey court sided with Bausch in a separate patent feud with Curia.
Curia filed suit against Bausch’s Salix back in 2021, claiming the antibiotic Xifaxan infringed on four patents filed in 2013 and 2014 for certain ratios of the α and β polymorphic forms of the active ingredient rifaximin. However, Bausch argued that Xifaxan was marketed in the US before the patents were filed — its 200 mg dose has been sold since 2004 and its 550 mg since 2010 — and therefore should be regarded as “prior art.”
Bioscience & Technology Business Center The University of Kansas Lawrence, Kansas
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