Crown Bioscience Enters Japanese Market via Strategic Partnership with Shin Nippon Biomedical Laboratories
Crown Bioscience, Inc., a leading global drug discovery and development service company, has entered into a strategic partnership with Shin Nippon Biomedical Laboratories, Ltd, a Japan-based company engaged in the provision of preclinical and clinical drug development services for pharmaceutical companies.
The initial focus of the agreement is for Shin Nippon Biomedical Laboratories (SNBL) to promote Crown Bioscience (Crown) services to its Japanese client base, in doing so extending SNBL’s service offering. As part of the agreement, SNBL shall be the exclusive representative for Crown in promoting Crown’s unique translational science services including the world’s largest collection of Patient Derived Xenograft (PDX) models.
The partnership is strategically important for Crown and marks another significant step in expanding its international footprint following the company’s recent expansion into Europe during which Crown acquired PRECOS Ltd in July 2013. SNBL has multiple facilities across Japan, the US, China and Cambodia and as such offers Crown access to a global target audience. While Crown is the world’s leading supplier of oncology services, with a global footprint spanning three major continents in North America, Europe and Asia Pacific, Japan is seen as a market with significant further potential. As a result of the partnership, both companies will also look at the potential to co-develop new models and services leveraging their respective expertise in Oncology/Diabetes and non-human primate model development.
Jean-Pierre Wery, President of Crown comments: “This strategic partnership offers Crown an excellent opportunity to develop a greater understanding of the Japanese market to further develop unique cutting-edge models. It is the first time that SNBL has agreed to represent an overseas company in such a deal. We are delighted to be partnering with the largest preclinical contract research organisation in Japan as part of our international business strategy to develop our services in the Far East.”
Ryoichi Nagata, CEO and President of SNBL comments: “SNBL is committed to providing our customers with fast and precise results across the entire drug development spectrum, from early discovery research to late-stage clinical trials. This unique partnership with Crown will enable us to strengthen our service offering, and also to collaborate on a variety of pre-clinical projects, utilising unique clinically relevant models, with a shared goal of improving patient care and treatment outcomes. Our expertise in preclinical development provides a perfect complement to Crown’s existing global services.”
Jean-Pierre Wery continues: “We are looking forward to working with SNBL to increase business opportunities with prospective customers across Japan and the Far East. Japan is one of the fastest growing pharmaceutical markets and there is great potential to help our clients working in the pharmaceutical and biotechnology industries to redefine translational research and establish ground-breaking therapeutics via our drug discovery solutions.”
Related News
-
News Patients vs Pharma – who will the Inflation Reduction Act affect the most?
The Inflation Reduction Act brought in by the Biden administration in 2022 aims to give better and more equitable access to healthcare in the USA. However, pharma companies are now concerned about the other potential costs of such legislation. -
News CPHI Podcast Series: What does the changing US Pharma market mean for industry and patients alike?
In this week's episode of the CPHI Podcast Series Lucy Chard, Digital Editor for CPHI Online is joined by James Manser to discuss the political and market changes in the US pharma field. -
News CPHI Barcelona Annual Report illuminates industry trends for 2024
The CPHI Annual Survey comes into it’s 7th year to report on the predicted trends for 2024. Over 250 pharma executives were asked 35 questions, with their answers informing the industry landscape for the next year, spanning all major pharma marke... -
News Which 10 drugs are open to price negotiation with Medicare in the USA?
The Centres for Medicare & Medicaid Services, under the Biden administration in the USA, has released a list of the 10 drugs that will be open to price negotiations as part of the new legislation under the Inflation Reduction Act (IRA). -
News EU Medical Devices Regulation causes unintended disappearances of medical devices for children, doctors state
Doctor groups and associations have appealed to the EU to correct the EU Medical Devices Regulation law that may cause unintended shortages of essential drug and medical devices for children and rare disease patients. -
News 10 Major Drug Approvals So Far in 2023
Last year, 37 novel drugs were approved by the FDA, this was a high number for such a category, and covered many fields including oncology, demonstrating how promising further research is, and how it is only continuing to build. To date, there are alre... -
News Detecting Alzheimer's disease with a simple lateral flow test
A novel rapid diagnostic test for early-stage Alzheimer's disease has been developed using a biomarker binder from Aptamer Group along with technology from Neuro-Bio, the neurodegenerative disease experts. -
News CPHI Podcast Series: outsourcing and manufacturing trends
Listen to the CPHI Podcast Series this June to hear Gil Roth of the PBOA speak with Digital Editor Lucy Chard about the biggest trends and topics to watch in pharma outsourcing and manufacturing at the minute.
Position your company at the heart of the global Pharma industry with a CPHI Online membership
-
Your products and solutions visible to thousands of visitors within the largest Pharma marketplace
-
Generate high-quality, engaged leads for your business, all year round
-
Promote your business as the industry’s thought-leader by hosting your reports, brochures and videos within your profile
-
Your company’s profile boosted at all participating CPHI events
-
An easy-to-use platform with a detailed dashboard showing your leads and performance