Sector News

Ajinomoto Bio-Pharma buys Indian API plant from JV partner

August 30, 2019
Life sciences

Ajinomoto Bio-Pharma Services is taking full control of an API manufacturing facility in India as the CDMO continues to bulk up in a market that favors companies that can do it all.

Ajinomoto Bio-Pharma today announced it is buying the 50% share of the joint venture still owned by Indian partner Granules OmniChem (GOC). The JV was first established in 2011 and operates a plant in Visakhapatnam that manufactures small-molecule intermediates and active pharmaceutical ingredients (APIs). Terms of the deal were not disclosed.

“GOC has been a well-run producer of high-quality API since its formation, which was designed, constructed and is managed based on our Belgian sites’ GMP operating standards and quality systems,” Ajinomoto Bio-Pharma CEO David Enloe said in a statement.

This move follows several others as the company expands and consolidates its operations. In 2018, then Ajinomoto Althea and U.S.-based OmniChem combined their large- and small-molecule operations. Ajinomoto Bio-Pharma Services, which is a wholly owned subsidiary of Tokyo-based Ajinomoto, earlier this year folded GeneDesign into its operations.

The CDMO in 2016 acquired the Japanese CDMO that produces nucleic acid drugs but kept it as a separate company. The operation has a 2,000-square-meter facility in Osaka that manufactures oligonucleotide APIs and does custom synthesis.

The moves by the company mirror some of the steps taken by other CDMOs to expand operations in a variety of areas. Somerset, New Jersey-based Catalent, for one, this year laid out $1.2 billion for Paragon Bioservices to bust into the gene therapy realm. It then followed that up with a $40 million investment at its manufacturing facility in Winchester, Kentucky, to boost its formulation and controlled-release tablet and capsule manufacturing.

By Eric Palmer

Source: Fierce Pharma

comments closed

Related News

September 25, 2022

Rise of the machines: Novo Nordisk pledges $200M to create first quantum computer for life sciences

Life sciences

Big Pharma has long seen the potential for AI and machine learning to accelerate drug development. But Novo Nordisk is going a step further by channeling $200 million toward the creation of a computer that will outrun anything in existence.

September 25, 2022

Mount Sinai AI uncovers new brain analysis method to predict dementia, Alzheimer’s disease

Life sciences

Current methods for diagnosing Alzheimer’s disease rely on a complex combination of self- and caregiver-reported symptoms, a physical examination and either a PET scan or a spinal tap to look for evidence of amyloid plaque build-ups in the brain. But a new artificial intelligence-based method may make the diagnostic process a much more objective one.

September 25, 2022

New AstraZeneca-backed report finds big money behind diverse owners and entrepreneurs in Europe

Life sciences

There is lots of talk about diversity and inclusion in business, including in pharma and medtech. A new report by the Open Political Economy Network (OPEN), a think tank focusing on migration and diversity, released its “Minority Businesses Matter: Europe” report highlighting the successes and challenges of ethnic minority-owned businesses in Europe.