PharmaCell Finalizes Purchase of Cell Therapy Production Facility
PharmaCell BV, a leading contract manufacturing organization for cellular therapies and regenerative medicine in Europe, has finalized its purchase of the state-of-the-art cell therapy production facility from TiGenix NV. TiGenix, a leading European cell therapy company has been producing its marketed product for cartilage repair, ChondroCelect at the site in Sittard-Geleen, close to Maastricht (The Netherlands), since the beginning of 2013.
ChondroCelect will continue to be manufactured at the facility as before under a long-term CMO agreement with TiGenix. PharmaCell has acquired the facility, including its qualified team of employees in Production, QC, QA and other functions that bring many years of experience in cell therapy manufacturing into the organization.
Following the acquisition, PharmaCell will continue to operate its Maastricht facility in addition to the site at Sittard-Geleen. The Maastricht facility offers non-GMP process development and flexible GMP-production facilities for early- to mid-stage clinical trials in cell therapy. The Cell Manufacturing Facility Geleen will offer clients the opportunity to support late stage clinical trials and commercial production for the industry. Taken together, PharmaCell offers a comprehensive contract manufacturing service package for cell therapy companies along the development pathway from translational work all the way to the commercial stage. With both TiGenix (ChondroCelect) and Dendreon Corporation (for Provenge) as partners, the company has two commercial cell therapy products under contract. In addition, work is ongoing on early-stage clinical trials and translational projects.
Alexander Vos, CEO of PharmaCell BV said: “We are very pleased to have concluded the transaction with TiGenix. We believe PharmaCell now offers a unique manufacturing platform in Europe to support the growth of the cell therapy and regenerative medicine industry in future years. We look forward to discuss plans for a future collaboration with interested parties.”
Related News
-
News Ophthalmologic drug product Eylea faces biosimilar threats after FDA approvals
Regeneron Pharmaceutical’s blockbuster ophthalmology drug Eylea is facing biosimilar competition as the US FDA approves Biocon’s Yesafili and Samsung Bioepis/Biogen’s Opuviz. -
News ONO Pharmaceutical expands oncology portfolio with acquisition of Deciphera
ONO Pharmaceutical, out of Japan, is in the process of acquiring cancer-therapy maker Deciphera Pharmaceuticals for US$2.4 billion. -
News First offers for pharma from Medicare drug price negotiations
Ten high-cost drugs from various pharma manufacturers are in pricing negotiations in a first-ever for the US Medicare program. President Biden’s administration stated they have responded to the first round of offers. -
News Eli Lilly’s Zepbound makes leaps and bounds in weight-loss drug market
In the last week, Eli Lilly has announced their partnership with Amazon.com’s pharmacy unit to deliver prescriptions of Zepbound. Zepbound has also surpassed Novo Nordisk’s Wegovy for the number of prescriptions for the week of March 8.&nbs... -
News Chasing new frontiers at LEAP – The National Biotechnology Strategy Keynote
On the third day of LEAP (4–7 March 2024, Riyadh Exhibition and Convention Centre, Malham, Saudi Arabia) the CPHI Middle East team hosted the Future Pharma Forum, to set the scene for an exciting new event for the pharma community, coming to Riya... -
News Pfizer maps out plans for developing new oncology therapeutics by 2030
Pfizer dilvulges plans to investors around growing their cancer portfolio, and the drugs they will be focusing on developing after their aquisition of Seagen in 2023. -
News Generics threat to Merck’s Bridion as Hikma seeks pre-patent expiry approval
Merck has disclosed they received notice from Hikma Pharmaceuticals for seeking a pre-patent expiry US FDA approval for Hikma’s generic version of Merck’s Bridion. -
News Bernie Sanders vs Big Pharma - the latest on drug price negotiations
In a hearing in front of the US Senate, three of the biggest pharmaceutical companies in America are challenged over exorbitant prescription drug prices, with Sanders claiming their actions are limiting the population's access to affordable healthc...
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