Sector News

Lonza and Bioqube Ventures to scale biologics and small molecules

December 5, 2021
Life sciences

Lonza and Bioqube Ventures, a European venture capital firm with a dual investment model including venture creation, have partnered to develop and manufacture biologics and small molecules. This is a five-year services agreement in which Lonza will provide advice and services to Bioqube Ventures’ portfolio companies.

“The discussions with portfolio companies have been initiated, and we intend to create support along with Bioqube’s investment plans and the specific needs of the respective portfolio companies. We are not disclosing the company names at this time,” Pnina Weitz, global head of venture capital business development and relationship management at Lonza tells NutritionInsight.

“Bioqube is dedicated to advancing science in the European ecosystems to develop breakthrough therapies for patients,” says Debora Dumont, co-founder and managing partner, Bioqube Ventures.

This collaboration offers our portfolio companies the opportunity to leverage Lonza’s expertise and its global network, supporting our hands-on approach in building new and successful ventures, she continues.

Impact of the agreement
As a way of a definition, biologics can be composed of sugars, proteins, nucleic acids or complex combinations of these substances, or may be living cells or tissues.

Leveraged by the partnership, Lonza’s technology that decreases risks of developing and manufacturing molecules ranging from monoclonal antibodies, complex proteins, and small molecules to antibody-drug conjugates.

The company states that the holistic approach to drug substance, product development and manufacturing across various platforms simplifies the supply chain, reduces process complexity and allows for shortened development timelines.

“This framework agreement provides Bioqube Ventures and its portfolio companies a range of services for its late discovery and early development needs,” says Weitz.

“Our customized and scalable solutions demonstrate our commitment to enabling emerging biotechs to take their drug candidates to the clinic.”

Tracking Lonza’s previous moves
Previously, Lonza’s joint venture, Bacthera and Chr. Hansen began to supply live biotherapeutic products following Swiss and Danish manufacturing licenses. These products are suitable to address patients with “unmet medical needs.”

Additionally, Bacthera and Seres Therapeutics partnered to manufacture the “first” live biotherapeutic product, SER-109, Seres’ lead product candidate for recurrent Clostridioides difficile infection (rCDI).

In other developments, Lonza’s UC-II collagen was positioned to attract nutraceutical and pharmaceutical customers as it provides a holistic approach for joint health.

By Nicole Kerr

Source: nutritioninsight.com

comments closed

Related News

January 23, 2022

UCB to acquire Zogenix

Life sciences

UCB (Euronext: UCB) and Zogenix (NASDAQ: ZGNX) announced that the companies have entered into a definitive agreement under which UCB would acquire Zogenix, Inc., a global biopharmaceutical company commercializing and developing therapies for rare diseases.

January 23, 2022

argenx announces VYVGART™ approval in Japan for the treatment of generalized myasthenia gravis

Life sciences

argenx SE, a global immunology company committed to improving the lives of people suffering from severe autoimmune diseases, announced that Japan’s Ministry of Health, Labour and Welfare (MHLW) has approved VYVGART™ (efgartigimod alfa) intravenous infusion for the treatment of adult patients with generalized myasthenia gravis (gMG) who do not have sufficient response to steroids or non-steroidal immunosuppressive therapies (ISTs).

January 23, 2022

GlaxoSmithKline rejects Unilever’s $68B consumer health buyout offer, but a bigger bid is brewing

Life sciences

GSK has rejected three offers from Unilever to buy GSK’s consumer health unit, the company said Saturday. The latest offer from the fellow U.K. consumer goods giant, received Dec. 20 for a total value of 50 billion pounds ($68 billion), “fundamentally undervalued” the business and its prospects, GSK said.

Send this to a friend