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Shanghai Modern Pharmaceutical Co., Ltd. from Shanghai Institute of Pharmaceutical Industry as the main sponsor, the Joint National Engineering Research Center for Pharmaceutical Preparations, Shanghai Ruijin Hospital, Hiroji medical high-tech company's five co-sponsored enterprises and to market-oriented high-tech pharmaceutical companies. The company in 1997 was assessed as high-tech enterprises in Shanghai and has been maintained so far, all the products and dosage forms all through the State Food and Drug Administration's GMP certification. June 16, 2004, Shanghai Modern Pharmaceutical Co., Ltd. A shares listed on the Shanghai Stock Exchange successfully issued, the securities code: 600.42 thousand, the securities referred to as: Modern pharmaceuticals. The company through the capital markets for the industrial operation and the best combination of capital operation, greatly forged and nurtured the company's core competencies and further strengthened the road of taking the technology industry's confidence. August 2004, the modern pharmaceutical business Qiu Hasen Henan Pharmaceutical Holdings Limited, and renamed the Shanghai Modern Hassan (Shangqiu) Pharmaceutical Co., Ltd., complement and expand the company's production capacity of water injection. In May 2008, the modern pharmaceutical acquisition of a wholly-owned Shanghai Pharmaceutical Co., Ltd. Medical Engineering Institute to form R & D, production and marketing functions as a whole, with chemical raw materials, pharmaceutical preparations and bio-pharmaceutical products, the new high-tech pharmaceutical enterprises, under the 5 subsidiaries and 3 production bases. The company's size and profitability in the pharmaceutical industry in Shanghai, the top 10% of the column, and enter the Top 100 list of China's pharmaceutical enterprises. Modern Pharmaceutical R & D center has been identified as Enterprise Technology Center in Shanghai, the company's R & D Center, Dr. 3, Master 16. The majority shareholder Shanghai Institute of Pharmaceutical Industry to have Chinese Academy of Engineering, two people, enjoy the special allowance of the State Council 68, National Center for Drug Evaluation Experts 12. Meanwhile, the Shanghai Pharmaceutical Industry Research Institute is an interdisciplinary doctorate in pharmacy to grant the right of units, has a pharmacy doctoral student in all disciplines, the field of training qualifications, and Shanghai Jiao Tong University build a "School of Pharmacy, Shanghai Jiao Tong University" to train master's and doctoral pharmaceutical field Health. In the Chinese Academy of Engineering led by a strong scientific research, management, production team, led by the modern pharmaceutical active part in the production process level and the engineering skills enhancement, edge highlighting, impressive: The modern pharmaceutical business is mainly engaged in domestic and the world's leading new types of pharmaceutical preparations, biological pharmaceuticals, chemical raw materials and Chinese medicine formulations of the R & D, production and sales. Currently has chemical raw materials, biological and chemical raw material medicine, microbial fermentation products and tablets, capsules, granules, injections, suspensions, suppositories, and ointments such as product formulations. In the new preparation area, full use of new slow-release technology platform, so that many traditional varieties of fresh with new vitality; in the field of bio-pharmaceuticals, by virtue of a high-quality, high-level R & D team, through the representative of the international most advanced level of biological separation and purification Technology has won the market, the products are exported to overseas; in the field of chemical raw materials, through the process technology continues to enhance its market share to stay ahead. Many products are included in the company's national "Ninth Five-Year" key scientific and technological projects, state-level torch plan project, the Shanghai Hi-tech achievement transformation project, the Shanghai Torch Program projects, and has repeatedly won the National Key New Product Award, Shanghai Science and Technology Achievement Award, Shanghai Excellent New Product Award, Shanghai and Shanghai Famous Brand famous quality products such as the pharmaceutical industry. The main products Azithromycin tablets, nifedipine controlled-release tablets, sustained-release capsules of cefalexin, cefaclor sustained-release capsule, enalapril maleate tablets, sustained-release suspension of dextromethorphan and azithromycin, zidovudine, Drospirenone, lipoic acid and other raw materials and other products have a high market share and visibility, best-selling overseas markets. "Modern" trademark in 2007 was "Shanghai famous brand" title. The main brand "Shenkar ®", "Shen Luo ®", "Xiaomei ®", "PU Yue Qi ®", "Pu Rainbow ®", "pleased ®", "PU Hui-Zhi ®", "excellent Xin Zhi ® "," supporting sling ® "," Pu Xiu ® "and so on, in the domestic market enjoy a high reputation. Shanghai Institute of Pharmaceutical Industry Group, established strategic goal is to become the leading high-tech pharmaceutical enterprise group, the modern pharmaceutical R & D as the group's own industrialization base for their own strategic goals have been identified, namely, research and innovation system formation and the Group of upstream and downstream co-operation process and to national "Eleventh Five-Year" special "Shanghai Modern Pharmaceutical Drug integrating innovative technology platform" and "the establishment of a process control of new drug formulations and process technology platform" as an opportunity to further enhance the results of scientific research and industrialization of their own transformation capacity, the formation of the modern pharmaceutical distinctive core competencies.

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“Translational Pharmaceutics, our flagship platform for drug development, empowers our clients with unparalleled flexibility”

This week, SpeakPharma interviews Denise Sutton, Chief Operating Officer and Site Head at Quotient Sciences’ Nottingham facility in the UK. Quotient Sciences is a drug development and manufacturing accelerator that offers the innovative Translational Pharmaceutics platform to support customers in overcoming drug development challenges. Sutton has been with the company for over 25 years. In this interview, she provides insights into the evolution of Quotient Sciences’ Nottingham facility and discusses how the organization has transformed from a small 10-bed clinic to a comprehensive drug development campus with six GMP suites. She also shares her perspective on the company’s unique approach to integrating drug development services. HIGHLIGHTS// evolution of Quotient Sciences’ Nottingham facility/ unique approach to integrating drug development services How has the Nottingham site transformed from when it was founded, to what it is today? Initially, we were a small company with fewer than 50 employees, a 10-bed clinic, and a single lab. Over 90 percent of our work focused on gamma scintigraphic imaging (a diagnostic test that creates images of the body’s internal organs and tissues using gamma rays). Due to the short half-life radionuclides we used to label dosage forms, every product we manufactured had a limited time to be dosed. At the end of 1999, we moved our headquarters to a purpose-built, two-storey facility—now known as Trent House on our now much larger Nottingham campus. We built three good manufacturing practice (GMP) suites on the top floor and three clinical wards on the bottom floor. These were very early days that marked the start of our Translational Pharmaceutics platform. We continued to expand the range of scintigraphy applications we offered in response to changing customer requirements until, in 2008, when we approached the MHRA (UK’s Medicines and Healthcare products Regulatory Agency) with a new request. We asked if it might be possible to work at the same pace as we did in our scintigraphic imaging studies, but do so for conventional drug development, without the radiolabel. We explored the application of ICH Q8 Quality by Design (QbD) guidelines to introduce a compositional design space into the CMC section of our regulatory dossier. This officially created a methodology for applying the Translational Pharmaceutics platform, and we haven't looked back since. Today, we have expanded substantially. Our Nottingham site is a campus of five buildings. We have development and analytical labs, six GMP suites, six clinical wards with a total of 85 beds (where we conduct healthy volunteer phase 1 clinical studies), and many talented colleagues covering our spectrum of CRO and CDMO services. HIGHLIGHTS// officially created a methodology for applying the Translational Pharmaceutics platform/ development and analytical labs/ six GMP suites How is Translational Pharmaceutics applied to drug development programs? We apply Translational Pharmaceutics across three core applications: first-in-human clinical studies, drug product optimization programs through rapid formulation development and clinical testing, and as a part of human ADME (absorption, distribution, metabolism, and excretion) programs. No matter how a client chooses to work with us to apply Translational Pharmaceutics, the benefits of using a single organization and project management team to integrate services lets our clients remain in control and one step ahead of the emerging data that impacts the success of their molecule. Over all these years, our flagship Translational Pharmaceutics platform for drug development has remained unchanged in the way it empowers our customers and offers them unparalleled flexibility. HIGHLIGHTS// three core applications/ benefits of using a single organization/ clients remain in control What would you say are the key strengths of Quotient Sciences’ Nottingham site? How do you support customer programs? Nowhere else would a single project manager oversee such a broad spectrum of activities, let alone be expected to ensure seamless, timely progression across functions that in any other company (i.e. at other CDMOs or CROs) would be delivered through multiple operating areas or through the use of a combination of third-party vendors. The project managers do face challenges. But by working with the project team, they are able to anticipate, avoid, and mitigate any impact whenever necessary. We know that time is incredibly valuable for our customers. A project Gantt chart is our project management team’s guiding light. I believe our project management team is truly world-leading – they communicate well, show great compassion, and lead with integrity. I’m super proud of our high-performing, supportive, cross-functional teams that support our customers when they trust their molecules to us, and work collaboratively to deliver the best possible service. After 25 years at Quotient, I continue to really enjoy going to work. I am indebted to various colleagues for helping me continue to feel this way. HIGHLIGHTS// project management team is truly world-leading/ high-performing, supportive, cross-functional teams/ 25 years at Quotient

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BMS, J&J, Bayer lead 25,000+ pharma layoffs in 2024; Amylyx, FibroGen, Kronos Bio hit by trial failures, cash crunch

Since 2022, there has been a significant surge in layoffs by pharmaceutical and biotech companies. While this trend continued into 2024, the industry showed signs of stabilization in the last four months of the year with the pace of layoffs slowing down. Nonetheless, 2024 was a challenging year. Data compiled by PharmaCompass indicates that over 25,000 layoffs were announced in 2024, driven by economic pressures, failed clinical trials, and strategic pivots. Bristol Myers Squibb and Johnson & Johnson led the layoffs with about 2,300 job cuts each. Bayer announced elimination of 1,800 positions. View Our Interactive Dashboard on Biopharma Layoffs in 2024 (Free Excel Available) US, Europe, China bear brunt of job cuts; Big Pharma hands pink slips to 10,000 Over 190 biopharma companies announced layoffs in 2024. The year began on a grim note — 27 firms announced significant job cuts in January 2024. By the yearend, Big Pharma alone had contributed more than 10,000 layoffs to the year’s total of over 25,000. Novartis announced over 1,200 job cuts in 2024. It eliminated 330 jobs after it acquired German biotech MorphoSys through the closure of sites in Munich and Boston. Similarly, Bayer announced significant reductions at its US and Swiss facilities. North America saw increased retrenchments, especially at biotech hubs such as Boston, San Diego, and New Jersey. Massachusetts, with Boston and Cambridge as the epicenter of US biotechnology, saw around 4,000 layoffs, with companies like Relay Therapeutics, Editas Medicine, and Takeda driving the numbers. In San Diego, workforce reductions by Takeda, and Bavarian Nordic collectively resulted in over 900 job losses, significantly impacting the local biotech ecosystem. New Jersey was subject to broader restructuring efforts with BMS and Bayer contributing nearly 1,500 layoffs. The impact in Europe was equally severe. Germany, home to some of the world’s largest pharmaceutical companies, saw over 2,500 layoffs as Bayer and Boehringer Ingelheim scaled back operations. Novartis’ decision to shut down its Munich site added hundreds more to the tally. In Switzerland, Idorsia eliminated 270 positions. Dutch biotech UniQure reduced its workforce by 65 percent (around 300 jobs). That included the sale of a Massachusetts manufacturing facility to Genezen. Denmark also felt the strain, with Leo Pharma cutting 250 roles as part of a strategic revamp. China emerged as another focal point of workforce reductions in 2024. Global pharmaceutical giants, such as Merck and Johnson & Johnson, restructured their operations in response to market complexities in the region. Local companies such as Connect Biopharma, which is transitioning to a US-focused company, also scaled back their presence in the country. View Our Interactive Dashboard on Biopharma Layoffs in 2024 (Free Excel Available) Amylyx, FibroGen, Lyra, Athira drastically reduce staff over setbacks in clinical trials Clinical trial failures were one of the most significant drivers of layoffs in 2024. For instance, Amylyx Pharmaceuticals faced a devastating blow when its amyotrophic lateral sclerosis (ALS) therapy, Relyvrio, failed a confirmatory trial. This led to a 70 percent reduction in its workforce, leaving only 100 employees from the 384 full-time staff reported at the end of 2023. The company’s decision to pull the therapy from the market compounded the layoffs. BioMarin Pharmaceutical had to reduce its workforce, as it streamlined its pipeline in response to trial challenges. In August, the company announced a reduction of 225 employees, citing “organizational redesign efforts”. These layoffs followed 170 redundancies announced earlier in May. FibroGen, once considered a leader in oncology drug development, was among the most heavily impacted. The high-profile failure of its anti-CTGF antibody in two late-stage cancer trials led to the discontinuation of its lead candidate, resulting in a 75 percent reduction in its US workforce. Lyra Therapeutics also implemented a 75 percent workforce reduction, affecting 87 employees, after its chronic rhinosinusitis program struggled. Similarly, Athira Pharma cut 70 percent of its team after its Alzheimer’s candidate failed a phase 2/3 trial. View Our Interactive Dashboard on Biopharma Layoffs in 2024 (Free Excel Available) Cash crunch, mergers compel Kronos Bio, Editas, Vincerx, Gilead to downsize In addition to clinical failures, funding constraints played a pivotal role in reshaping the biotech landscape. Kronos Bio stood out as one of the hardest-hit firms, cutting 21 percent and 83 percent of its existing workforce in March and November, respectively, as it sought to divest assets and conserve cash. Editas Medicine’s inability to secure partnerships for its sickle cell program forced the company to revert to preclinical research, resulting in a 65 percent workforce reduction. The trend of scaling back R&D pipelines was particularly evident among biotechs struggling to advance preclinical programs to clinical trials. Boundless Bio and Senti Bio exemplified this, choosing to focus on a handful of promising candidates, while reducing discovery efforts. Consolidation often results in overlapping roles, leading to inevitable workforce reductions. Apart from the MorphoSys layoffs by Novartis, Vincerx Pharma faced job losses after it got acquired by Oqory (a clinical-stage ADC company). Vincerx had to cut its workforce by 55 percent. Amid ongoing reorganization efforts, Gilead closed its Seattle, Washington (US), office and laid off 72 employees of its subsidiary Kite Pharma. Gilead also announced that its Kite facility in Philadelphia, Pennsylvania (US), would close by mid-2025. That was followed by 104 additional layoffs at its California headquarters. In April, it had cut 58 jobs in California. Gilead also announced that its Kite facility in Philadelphia would close by mid-2025. Vir Biotechnology reduced its workforce by 25 percent (i.e. 140 layoffs) to focus on its hepatitis program, and GlycoMimetics let go of 80 percent of its workforce after the FDA demanded an additional clinical trial for its leukemia treatment. Meanwhile, Lexicon Pharmaceuticals reduced its workforce by 60 percent after it stopped commercial operations and transitioned back to being a clinical stage company. View Our Interactive Dashboard on Biopharma Layoffs in 2024 (Free Excel Available) Our view It takes decades to build innovation ecosystems. The concentration of layoffs in major biotech hubs has raised concerns about the potential long-term impact on these ecosystems. In 2025, the key challenge will be to maintain the momentum of innovation, as organizations operate with a leaner workforce and a more focused pipeline.