UCB, which recently pulled off a $2.5 billion for an autoimmune drug candidate, says it sees the need for more biopharma production. To fill it, it will build a €300 million ($333 million) facility and staff it with 150 new workers.
The Belgium company says work on the facility will begin soon at its site in Braine l’Alleud, Wallonia, Belgium. The plant is slated to be operational in 2024.
It said the biotechnology plant is needed for the future launch of monoclonal antibody drug therapies in clinical development.
“The shift of our pipeline towards large molecules requires us to ramp up investment in mammalian technical development, as well as our manufacturing capabilities,” Kirsten Lund-Jurgensen, head of supply and technology at UCB, said in a statement.
The announcement comes just two months after UCB struck a deal to acquire Cambridge, Massachusetts biotech Ra Pharmaceuticals. With the takeover, UCB will get a phase 3 rival to Alexion’s Soliris that analysts have pegged to hit blockbuster sales.
The Ra drug candidate is focused on a once-daily, self-administered, subcutaneous C5 inhibitor called zilucoplan which is in phase 3 trials for myasthenia gravis.
MG is a long-term autoimmune neuromuscular condition that causes muscle weakness, particularly affecting the face, but can also extend to the arms legs and neck in more severe cases, known as generalized MG. It can cause difficulties with swallowing, speaking and breathing and in some cases these can become severe—known as a myasthenic crisis—and require hospitalization.
By Eric Palmer
Source: Fierce Pharma
Sequana, a company focusing on liver disease, heart failure and cancer has announced positive top-line results from SAHARA – the phase 2a study using its first-generation direct sodium removal (DSR) product, DSR 1.0. Data from ten evaluable diuretic-resistant heart failure patients confirmed long-lasting clinical benefits.
Bristol Myers Squibb has officially opened its Cruiserath Biologics site in Dublin. The site, which represents a $1bn investment – was officially opened by the company’s chief executive officer, Giovanni Caforio, who arrived from New York, and site general manager Pádraig Keane.
Like it or loathe it, and whatever its new direction, Twitter is still a powerful platform for doctors, and pharma should not abandon the troubled social media site yet, according to a new report from healthcare consultants at ZoomRx.