Carbogen Amcis AG signs co-investment agreement
Biotech

Carbogen Amcis AG signs co-investment agreement

The co-investment of CHF 4 million will result in capacity expansion and support the market introduction of the customer's lead compound

  • By IPP Bureau | August 25, 2021

Switzerland-based Dishman Carbogen Amcis's subsidiary, CARBOGEN AMCIS AG., a pharmaceutical process development and Active Pharmaceutical Ingredient (API) and drug products manufacturing company, announced today the signing of a co-investment agreement with one of its key European customers. The agreement provides for additional process capabilities and capacities to facilitate the manufacture of the customer's commercial product and follows a previous investment of CHF 6 million.

The co-investment totals CHF 4 million and will result in capacity expansion and support the market introduction of the customer’s lead compound. The investment at the CARBOGEN AMCIS AG. Neuland location includes the addition of a medium pressure chromatography column (200L), a preparative 20 cm HPLC system and short path distillation equipment.

"We are committed to providing our customers with the best technologies and this investment will allow our client to benefit from state-of-the-art equipment that enables expanded manufacturing capacity to commercialization scale-up and getting a much-needed drug to patients," said Stephan Fritschi, VP operations, CARBOGEN AMCIS AG.

This agreement follows an earlier CHF 6 million investment made in 2017 by the same customer at the CARBOGEN AMCIS AG.' Neuland location.

The collaboration between the two companies spans more than 10 years and started during the project's pre-clinical development stage. "We have supported our client from the early stages of preclinical development through to routine commercial manufacture. We are proud to be part of our customer's successful journey towards product commercialization and this co-investment is the latest milestone in our long-standing partnership," said Pascal Villemagne, VP sales and marketing, CARBOGEN AMCIS AG.

The company’s Neuland location specializes in early phase development and rapid kg API supply to GMPs. Its strong analytical capabilities and crystallization lab can serve up numerous customers simultaneously. The recent chromatography equipment addition reinforces the extensive offerings available at this site. The equipment is expected to be ready for production by Q1 2023.

 

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