Crown Bioscience Expands Operations and Re-Brands UK Site
Crown Bioscience, Inc. has announced that it will double the capacity of the recently acquired PRECOS (Preclinical Oncology Services Limited) facility and will rename the site Crown Bioscience UK Ltd (Crown UK). In addition, it was announced that Mike Prosser, Executive Director at Crown Bioscience has been appointed General Manager for Europe, responsible for leading both the next stage of its UK development as well as Crown’s continued growth in Europe. These moves mark the completion of the PRECOS merger into the Crown organization, while the increased capacity represents a significant investment and long-term commitment to both its UK and European businesses.
The expansion of the Nottingham site will see the facility nearly double its operational footprint, encompassing both in vitro and in vivo capabilities, and is scheduled for formal opening on 13 February 2015. In parallel, the UK site will now become Crown's center of excellence for models of hormone-related cancers (breast, prostate, ovarian), while continuing to provide a wide variety of oncology services — both on-site and through accessing the global Crown network — to clients around the world.
Dr Jean-Pierre Wery, President of Crown Bioscience, commented; “Since the acquisition, Crown has been working to fully integrate the talents and resources of the company into the organization. These changes, in particular the opening of the new facility, will help us lead the way in the study of hormone-related cancers, as well as strengthening our position in Europe.”
Mike Prosser, the newly appointed GM, added; “Since the merger, investment in Crown UK has been key to the advancement of Crown Bioscience’s service portfolio, such as the development of an irradiation treatment platform for preclinical screening of drug-irradiation combination therapies. In 2015 we aim to continue our expansion of service provision, complimenting both the new therapeutic focus and expanded capacity of Crown UK, and in doing so leveraging and supplementing Crown’s arsenal of services and capabilities.”
The acquisition of Crown UK in 2013 was significant in positioning Crown Bioscience as the world’s premier oncology contract research organization, offering a comprehensive range of services and now a key supplier of Oncology and CVMD services with a global footprint, spanning three major continents including North America, Europe and Asia Pacific. With the recent expansion of the research center in North Carolina, strengthening the company’s presence in North America, the expansion of the UK facility is part of Crown’s wider strategy to reinforce and increase operations within Europe.
PRECOS Ltd. was established in 2004 as a specialist business unit by the University of Nottingham and then achieved its independence in 2010. The company focused on pre-clinical research and the development of services in oncology providing unique patient relevant and predictive cancer models to over 30 national and international biotech and pharmaceutical companies. In 2013, PRECOS was acquired by Crown Bioscience as part of a global expansion strategy for specialized services in oncology for pharmaceutical and biopharmaceutical companies around the world.
Related News
-
News US BIOSECURE Act passed by US House of Representatives
The controversial act, which has already impacted several foreign companies operating in the US, was passed by the House of Representatives on September 9, 2024. It is now headed for the US Senate before it can be signed into law by President Joe Biden... -
News Pharma Supply Chain People Moves
The latest appointments, promotions, and structural changes across the pharmaceutical supply chain. -
News Drug prices agreed upon as part of the US Inflation Reduction Act
The Inflation Reduction Act brought into constitution by the Biden administation in 2022, which proposed a drug price negotiation between the government and pharmaceutical companies, has reached it's first agreement. -
News BIOSECURE Act continues to loom over Chinese pharma manufacturers
With the US BIOSECURE Act on its way to passing into legislation, Chinese companies are facing declining revenues within the first half of 2024 as US pharmaceutical and healthcare companies pull their businesses from the country. -
News Ophthalmologic drug product Eylea faces biosimilar threats after FDA approvals
Regeneron Pharmaceutical’s blockbuster ophthalmology drug Eylea is facing biosimilar competition as the US FDA approves Biocon’s Yesafili and Samsung Bioepis/Biogen’s Opuviz. -
News ONO Pharmaceutical expands oncology portfolio with acquisition of Deciphera
ONO Pharmaceutical, out of Japan, is in the process of acquiring cancer-therapy maker Deciphera Pharmaceuticals for US$2.4 billion. -
News First offers for pharma from Medicare drug price negotiations
Ten high-cost drugs from various pharma manufacturers are in pricing negotiations in a first-ever for the US Medicare program. President Biden’s administration stated they have responded to the first round of offers. -
News Eli Lilly’s Zepbound makes leaps and bounds in weight-loss drug market
In the last week, Eli Lilly has announced their partnership with Amazon.com’s pharmacy unit to deliver prescriptions of Zepbound. Zepbound has also surpassed Novo Nordisk’s Wegovy for the number of prescriptions for the week of March 8.&nbs...
Position your company at the heart of the global Pharma industry with a CPHI Online membership
-
Your products and solutions visible to thousands of visitors within the largest Pharma marketplace
-
Generate high-quality, engaged leads for your business, all year round
-
Promote your business as the industry’s thought-leader by hosting your reports, brochures and videos within your profile
-
Your company’s profile boosted at all participating CPHI events
-
An easy-to-use platform with a detailed dashboard showing your leads and performance