Drug formulation specialist MedPharm opens US facility in Research Park Triangle
The new laboratories will enable pharmaceutical companies to test various topical and transdermal formulations for both new and existing drugs.
MedPharm has opened a new US-based subsidiary - MP Pharma Services - to expand its service offering to both US and global clients.
“Our new laboratories enable pharmaceutical companies to test various topical and transdermal formulations such as creams, gels and sprays for both new and existing drugs,” says Professor Marc Brown, Co-founder and CSO: “Over the last 20 years, MedPharm has established an undisputed leadership position in topical and transdermal formulation development. We have built strong relationships with many of the major pharmaceutical players and this major investment will enable us to provide our clients with an even faster response to their development challenges, whether it is for new chemical entities, reformulation, generics or claim substantiation.”
Dr Jon Lenn, VP MedPharm US says: “I am excited to have joined MedPharm with its high level of scientific rigor and new US laboratories in Research Park Triangle, NC. We are looking forward to offering clients a host of innovative biological models and automated systems that will greatly de-risk and expedite their development programs.”
The facility will provide clients with access to MedPharm’s unique and novel in vitro models. These allow assessment of new drug candidate libraries and formulation performance through efficacy, target engagement and delivery testing in quicker and more reliable ways than previously possible.
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