Roquette to advance drug delivery research with new US Innovation Center
The new facility will focus on the research of excipients for oral dosage forms, drug delivery systems, nutraceutical APIs and innovative pharma ingredients
Roquette, a plant-based ingredients specialist and provider of naturally derived pharmaceutical excipients, has revealed its plans to open a new Innovation Center in Pennsylvania, US to further the advancement of prescription drugs.
Roquette’s CEO, Pierre Courduroux, said expanding operations in this market made sense given that “45% of drugs developed globally come from the US". The investment in the new Center is considered key for the company to achieve ambitious growth for its pharma business.
The new $25-million, 23,000-sq. ft facility will house Roquette Pharmaceutical Solutions’ headquarters and aims to better serve the company's global customer base by working closely with its specialist pharmaceutical teams at sister sites in Singapore and France.
Specifically, it will house an applied sciences facility, focusing on the research of excipients for oral dosage forms, drug delivery systems, nutraceutical APIs and innovative pharmaceutical ingredients.
This will sit alongside the company's Customer Technical Services (CTS) Laboratory to enable a deeper level of collaboration with customers formulating drugs in new product pipelines. There will also be access to an auditorium on-site, where monthly symposiums and customer training will take place, helping industry professionals stay up-to-date with the latest pharmaceutical science and developments.
Paul Smaltz, Vice President of Pharmaceutical Solutions at Roquette, said the Innovation Center will support to customers looking to "push the boundaries of R&D" and move new products through development to commercialisation quickly.
The company says the new facility, which will employ approximately 30 people including 20 highly skilled scientists, is due to open in Summer 2022.
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