Saneca to drive R&D initiative following €1.5 million funding
The CDMO’s initiatives include laboratory research for the preparation of APIs, with a particular focus on chiral molecules and emphasis on the principles of sustainable development and ‘green chemistry’.
Contract development and manufacturing organisation (CDMO) Saneca Pharma is driving forward with new R&D initiatives for the manufacture of APIs following a €1.5 million grant from the Slovak Ministry of Education, Science, Research and Sport.
The funding has enabled the central-Europe based company to strengthen its pharmaceutical development services and establish a new R&D department, with 25 employees now based at its facility in Hlohovec, Slovakia.
Saneca Pharma received the 4-year grant in partnership with organic synthesis specialist, TAU-CHEM Ltd. The two companies have now embarked on complementary research projects that will serve to strengthen Slovakia’s pharmaceutical industry.
The CDMO’s initiatives include laboratory research for the preparation of APIs, with a particular focus on chiral molecules and emphasis on the principles of sustainable development and ‘green chemistry’. As part of this, the company will look at energy efficient production methods and the use of renewable raw materials.
Using the team’s opiate development and manufacturing expertise, combined with the technical agility afforded by the breadth of technologies available on site, the CDMO will also explore abuse resistant techniques for finished dosage forms.
Jan Batka, API sales director at Saneca Pharma, said: “The funding has enabled us to accelerate our R&D strategy by creating a specialist team and applying our know-how in bringing new generic molecules and intermediates into our portfolio.
“There are a number of advantages that can be realised through partnering with a Slovakia-based CDMO, including the highly skilled workforce, central European location and competitive pricing. It’s great to receive additional support from the state to help grow the country’s pharmaceutical industry to its full potential.”
Jan continued: “In 2017 we plan to double our annual R&D expenditure in this area, creating broader research opportunities that will enable us to achieve a competitive advantage in the global pharmaceutical market.”
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