WuXi Biologics, Prima Signs MOU
News Dec 02, 2016
WuXi Biologics and Prima Biomed Ltd have announced that a non-binding MOU was signed to form a strategic biologics development and manufacturing partnership. Under the partnership, WuXi Biologics will be the exclusive clinical manufacturer for IMP321 for Prima worldwide, excluding any manufacturing for the supply of China, Macau, Taiwan and Hong Kong where rights are retained by Prima's development partner in China, Eddingpharm.
WuXi Biologics will also be Prima's preferred partner to manufacture potential new products. IMP321, a first-in-class soluble LAG-3 Ig fusion protein and an APC activator boosting T cell responses for cancer chemo-immunotherapy is currently in Phase II trials in Europe.
CEO of Prima BioMed, Mr. Marc Voigt said, "Securing the future supply of IMP321 is a key component of our commercial development strategy. WuXi Biologics have consistently delivered the highest quality materials for our clinical trials. This MOU further strengthens our strategic partnership."
"We are honored to play a critical role to enable biotech and pharma companies to realize commercialization via WuXi's innovative biomanufacturing network based on state-of-the-art disposable manufacturing technology," said Dr. Chris Chen, CEO of WuXi Biologics, "WuXi Biologics is committed to producing the highest quality product to enable robust global supply of this potential biologics to patients worldwide."
Source: Story from WuXi Biologics. Please note: The content above may have been edited to ensure it is in keeping with Technology Networks' style and length guidelines.