BIOVECTRA Partners To Establish Domestic Immunotherapy Supply Chain
CDMO Biovectra boosts Canada mRNA capabilities
BIOVECTRA Launches Specialized Capabilities in mRNA Drug Product Development
BIOVECTRA Signs Service Agreement With Acuitas Therapeutics for Unique Lipid Nanoparticle (LNP) Delivery System Used in Manufacturing mRNA-Based Therapies
CHARLOTTETOWN, Prince Edward Island--(BUSINESS WIRE)--BIOVECTRA broke ground today, with help from provincial and federal officials, on a cutting-edge facility that will manufacture mRNA vaccines and therapeutics starting in 2023.
CHARLOTTETOWN, Prince Edward Island--(BUSINESS WIRE)--BIOVECTRA today announced plans for the development of a state-of-the-art facility specializing in the production and manufacturing of mRNA vaccines and therapeutics – one of the first of its kind in Canada. This exciting new capability will result from a joint private-public investment made by BIOVECTRA and the federal and provincial governments who are contributing $39.8 million and $10 million respectively to the total project cost of $79.6 million in support of the BIOVECTRA mRNA Vaccine and Bio-manufacturing facility.
CHARLOTTETOWN, Prince Edward Island--(BUSINESS WIRE)--BIOVECTRA, a leading Canadian biotech and pharmaceutical CDMO has appointed Gordon C. McCauley, President and CEO of adMare BioInnovations and Steven Klosk CEO (retired) Cambrex Corporation, to its board of directors.
BETHLEHEM, Pa. & CHARLOTTETOWN, Prince Edward Island--(BUSINESS WIRE)-- ABEC, a global provider of integrated solutions and services for biopharmaceutical manufacturing and BIOVECTRA, a CDMO specializing in clinical-to-commercial scale production of high-quality regulated Biologics, Active Pharmaceutical Ingredients, and intermediates, today announced ABEC will design, manufacture, and install CSR single-use microbial fermentation solutions at BIOVECTRA’s manufacturing facility in Windsor, Nova Scotia, Canada. ABEC’s fast-track manufacturing schedule will enable BIOVECTRA to be fully operational by Q2, 2022.
Amid opioid lawsuits, Mallinckrodt looks to slim down its overall business by agreeing the sale of BioVectra to HIG.
Mallinckrodt plc (NYSE: MNK), a global biopharmaceutical company, today announced it has entered into a definitive agreement to sell its wholly owned subsidiary BioVectra Inc. to an affiliate of H.I.G. Capital, a leading global private equity investment firm, for approximately $250 million, including fixed consideration of $175 million, comprised of an upfront payment of $135 million and a long-term note for $40 million, and contingent payments of up to $75 million, enabling Mallinckrodt to capture future BioVectra growth potential.