The new excipients manufacturing facility is expected to be completed in 2025.
Croda Pharma, a biopharmaceutical excipients, vaccine adjuvants, and lipids provider, recently broke ground on its newest manufacturing facility in Lamar, Pa. The 23,680 ft² excipients facility will manufacture ingredients for drug delivery systems used in novel therapeutic drugs, including mRNA vaccines and gene editing therapies. It will also support production of lipids that are already used in therapeutics and vaccines, as well as “next-generation” therapeutics that are currently being developed, such as lipids for novel cancer treatments. The new facility will begin construction this year and is expected to be completed in 2025.
“There are rare moments that a team can contribute to such a significant betterment of humankind,” said Bradley Cook, vice-president, North American Operations, Croda, in a May 31, 2023, press release. “The on-going collaboration with the Department of Health and Human Services and its premier biomedical countermeasure development agency, BARDA, has afforded Croda and this team the opportunity and we are extremely excited and proud.”
Source: Croda Pharma
Biotech EG 427 Raises €27 Million in Series B Funding to Advance Lead Genetic Medicine Candidate
February 24th 2025Co-led by Andera Partners and Bpifrance, the Series B financing will go toward an ongoing Phase Ib/IIa clinical study for EG 427’s lead candidate and to advance the company’s genetic medicines platform.