WuXi and AstraZeneca form strategic alliance to expedite development of AstraZeneca's innovative biologics portfolio in China
Alliance will bring cutting-edge research and technical capability for biologics to China with the aim of addressing unmet patient needs in AstraZeneca's main therapy areas of respiratory, inflammation and autoimmunity; cardiovascular and metabolic diseases; and oncology.
WuXi AppTec has formed a strategic alliance with MedImmune, the global biologics research and development arm of AstraZeneca. This strategic alliance will bring cutting-edge research and technical capability for biologics to China with the aim of addressing unmet patient needs in AstraZeneca's main therapy areas of respiratory, inflammation and autoimmunity; cardiovascular and metabolic diseases; and oncology.
Under the agreement, AstraZeneca has the option to acquire WuXi AppTec's biologics manufacturing facility in Wuxi city, one of several manufacturing facilities for WuXi, in the next few years. Prior to that, WuXi Biologics, the biologics division of WuXi AppTec, remains the exclusive partner for R&D manufacturing for MedImmune's innovative biologics in China.
The alliance builds on the existing joint venture between WuXi and MedImmune that was formed in 2012 to develop and commercialize MEDI5117, a novel biologic for autoimmune and inflammatory diseases. It is the first such collaboration in China between a global company and a Chinese company to develop novel biologics. The IND application was subsequently accepted by CFDA for review in March 2015. WuXi will continue manufacturing for the program at its state-of-the-art biologics facilities, the first in China to meet cGMP standards of the United States, the European Union and China. WuXi is committed to its manufacturing capabilities in China and will continue to provide its clients with the highest quality of service.
In April 2015, WuXi announced that it is building the largest state-of-the-art biomanufacturing facility globally, using fourteen 2000 L and two 1000 L disposable bioreactors, which will support late-phase clinical and commercial manufacturing. The first phase of the facility will be operational in January 2017.
"We are very pleased that our collaboration with MedImmune has leapfrogged to another level of critical importance since our initial collaboration in 2012," said Dr Ge Li, Chairman and CEO of WuXi AppTec. "The strategic alliance, the first of its kind in China, manifests the global standards and quality of biologics development and manufacturing at WuXi. Through this strategic partnership, WuXi truly offers a gateway for innovative biologics to be developed in China and to be made available to Chinese patients in an expedited fashion."
"We are delighted to continue and broaden our collaboration with WuXi AppTec, a company with strong leadership in the Chinese biopharmaceutical sector, to address the healthcare needs of local patients," said Dr Bahija Jallal, Executive Vice President, MedImmune. "This strategic alliance, alongside our accelerated investments, will create a sustainable and strategic innovation platform in China and strengthen our leadership in developing next-generation biologics for both local needs and patients 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