THANK YOU FOR SUBSCRIBING
Pharma Tech Outlook | Thursday, May 19, 2022
BioConnection, a Dutch contract development and manufacturing organization (CDMO), aims to provide good manufacturing practice (GMP) services to biopharmaceutical developers
FREMONT, CA: BioConnection, a Dutch contract development and manufacturing organization (CDMO), is focused on providing good manufacturing practice (GMP) services to biopharmaceutical developers. The organization advises early-stage developers to secure a manufacturing slot in the increasing biologic treatments and cell and gene therapies development space, which has over 1,000 clinical studies worldwide. Michel Croes, BioConnection's programme and business development manager stated that arranging a collaboration with a contract manufacturing organization might be difficult as the industry is now quite crowded and also added that the company has received orders till Q3 of 2020. Croes explained the importance of prioritizing manufacturing services over other processes by saying how developers need to communicate with their CMO earlier in the process in order to reserve capacity and time.
Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.
Before entering the clinic, drug developers typically reserve cash from investors, secure drug options through substance producers, and then meet with contract research organizations to design their trials, according to a company executive. Most CDMOs are occupied by the time developers approach them to assure their supply, which prevents developers from starting or continuing their clinical studies, Croes added. The simple solution to this is to speak to a CMO early and make a reservation, so that the programme doesn't have to stop, Croes said, adding that manufacturing services providers charge a reservation fee.
According to Croes, companies that do not make such a reservation end up waiting approximately six months, which is a major disruption and costs huge amounts. The biopharmaceutical business has experienced a massive surge in investments over the previous three years, as well as a slew of new start-up companies. Big pharma is hunting for smaller firms with innovative concepts at an exponential rate, and acquisitions happen strategically as soon as developers get favorable Phase I results, the executive added.
More in News