Biotech | March 07, 2022
HCmed, Formosa Laboratories, and Formosa Pharmaceuticals form CDMO
According to statistics, the global inhalation drug market reached US $ 25 billion in 2020
According to statistics, the global inhalation drug market reached US $ 25 billion in 2020
The large-scale production of PhytoChol in Hanau, Germany, will meet an increased market demand for cholesterol
Company expects strong organic growth in sales, EBITDA in 2022
This innovative biomanufacturing technology will help to deliver cost-effective viral production that is unmatched in the industry
Adds to Merck’s growing global, multi-modality CDMO network, following newly formed CDMO business unit in Life Science
More than 2,500 submissions are currently under review in the Food and Drug Administration's (FDA) cell and gene therapy pipeline
Newly formed Life Science Services business unit to offer fully integrated CDMO and Contract Testing Services
It will enable the company to branch out to new geographies and strengthen its presence in South Africa
The transaction is expected to close in the first quarter of 2022
He has over 22 years of experience in pharmaceutical sales & business development
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