Drug Discovery and Development

  • Home Drug Discovery and Development
  • Drug Discovery
  • Genomics/Proteomics
  • Oncology
  • Neurological Disease
  • Infectious Disease
  • R&D 100 Awards
  • Pharma 50
    • 2022 Pharma 50
    • 2021 Pharma 50

iBio, Kanematsu Chemicals Partner on Biologics Development, Production

By Drug Discovery Trends Editor | August 14, 2014

iBio Inc. and Kanematsu Chemicals Corp., part of Kanematsu Corp., have entered into a collaboration agreement under which Kanematsu Chemicals Corp. will market the novel iBioLaunch platform in Japan. 
 
The collaboration combines iBio’s plant-based expression system and expertise for rapid, reliable and economical development and production of biological vaccines and therapeutics, with the marketing reach and regional expertise of the life science group from Kanematsu Chemicals Corp. 
 
“The pharmaceutical business is one of the core businesses in which we are expecting further expansion, and the collaboration with iBio will lead Kanematsu Chemicals Corp. to its success,” said Kazuyuki Matsunaga, president of Kanematsu Chemicals Corp. “iBioLaunch has great potential to solve existing issues in the development and production of these products for the Japanese and export markets. We are very excited to start introducing this excellent technology to the Japanese pharmaceutical industry.” 
 
Japan commands 9% of global biologics sales (led only by the U.S. and the EU), a global market that is expected to grow to over $220 billion by 2019, according to TriMark Publications. 
 
Biologics can be categorized in three main groups: monoclonal antibodies, other therapeutic proteins, and vaccines. The iBioLaunch platform has been validated for production of each of these biologics categories. The iBioLaunch platform can enable companies producing either novel biologics or biosimilars to achieve competitive advantages over other expression systems due to its various attributes, including lower costs and scalability. 
 
“This agreement is an important part of our strategy to commercialize iBio’s proprietary technologies through collaboration with world-class partners,” said Robert Erwin, iBio’s president. “Together, Kanematsu Chemicals Corp. and iBio expect to bring the benefits of the unique enabling features of the iBioLaunch platform to the most innovative companies and important biologic products in the Japanese pharmaceutical industry.” 
 
Date: August 14, 2014
Source: iBio

Filed Under: Drug Discovery

 

Related Articles Read More >

Novartis in the Pharma 50
Novartis to cut up to 8,000 positions
Gilead Sciences in the Drug Discovery & Development Pharma 50
Gilead resubmits application to FDA for twice-yearly HIV drug lenacapavir
George Floyd mural
How the pandemic and George Floyd made clinical trial diversity a priority
Portrait photo of Pfizer EVP and Medtronic board member Lidia Fonseca
Medtronic appoints Pfizer EVP as independent board director

MEDTECH 100 INDEX

Medtech 100 logo
Market Summary > Current Price
The MedTech 100 is a financial index calculated using the BIG100 companies covered in Medical Design and Outsourcing.

Need Drug Discovery news in a minute?

We Deliver!
Drug Discovery & Development Enewsletters get you caught up on all the mission critical news you need. Sign up today.
Enews Signup
Drug Discovery and Development
  • MASSDEVICE
  • DEVICETALKS
  • Medical Design & Outsourcing
  • MEDICAL TUBING + EXTRUSION
  • MEDTECH 100
  • Medical Design Sourcing
  • Subscribe to our Free E-Newsletter
  • Contact Us
  • About Us
  • Advertise With Us
  • R&D World
  • Drug Delivery Business News
  • Pharmaceutical Processing World

Copyright © 2022 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media
Privacy Policy | Advertising | About Us

Search Drug Discovery & Development

  • Home Drug Discovery and Development
  • Drug Discovery
  • Genomics/Proteomics
  • Oncology
  • Neurological Disease
  • Infectious Disease
  • R&D 100 Awards
  • Pharma 50
    • 2022 Pharma 50
    • 2021 Pharma 50