A Boston-based provider of lab space is tripling its footprint with the addition of a West Coast campus.
SmartLabs, a company with labs in three different neighborhoods in the Boston area, will open a new research and manufacturing center that will be located in the heart of the South San Francisco biotech corridor. The site will support end-to-end drug development and include 500L manufacturing bioreactors that can support allogeneic and autologous cell therapies.
The expansion is part of a larger plan to grow the company to 2 million square feet within the next five years. The company offers flexible lab and office spaces that can be customized to fit companies of any size from 10 to 200 people, and utilize R&D space, vivariums, pilot-scale suites and cGMP manufacturing capacity, all under the same roof. The company sees itself as an alternative to the search for lab space and real estate, which has heated up to an all-time high in 2021.
Boston and California’s Bay Area are at the top of the list of regions with booming life sciences real estate surges, along with San Diego, according to a study from CBRE. But in emerging markets, it can be difficult for startups to plant roots without a new lab space, and while the influx of cash from Covid-19-related revenue has led to many companies expanding rapidly, those projects can take up to three years to complete. A push to grow domestic production, rather than rely on imports, has also pushed the demand for growth.
The SmartLabs site at South San Francisco’s Gateway of the Pacific campus will offer 28 product suites, capable of end-to-end drug development. It’s the company’s sixth site, and second South San Francisco location. ‘Our city, as the birthplace of biotech, is the perfect location for SmartLabs to launch their new offering,’ South San Francisco mayor Mark Nagales said in a statement. ‘South San Francisco’s biotech ecosystem is brimming with talent and innovation, and by tripling their footprint in the area, SmartLabs is making end-to-end drug development opportunities available in our own backyard. The convenience and expertise of the SmartLabs offering will undoubtedly help local companies rapidly advance their science.’
In theory, a 60-person biotech building a 20,000-square-foot cGMP lab would need 18 months to build a new facility, and spend, by SmartLabs’ estimate, at least $16 million to get up and running. At a SmartLabs location, a company can be good to operate in just four weeks.
The company has raised $330 million in the last 21 months, including its Series B announced in September that raised $250 million. ArrowMark Partners led that round, and Winslow Capital Management, Onex Falcon were new investors in the round, followed by Conversion Venture Capital and Breed’s Hill Capital.
Sensor-based technology for clinical trial data collection represents the latest medical paradigm shift. There are more than 700 clinical studies involving wearable devices currently underway in the United States. A study from Intel IT projects their inclusion in clinical trials will surge to 70% by 2025.
Apps, biosensors and patient-centered technologies increase visibility of comprehensive patient data. Pharma leaders anticipate the benefits of wearables to include better data (58%), faster results (33%) and lower trial costs (10%).
When Bristol Myers Squibb celebrated the approval of ozanimod — branded Zeposia — in ulcerative colitis earlier this year, the company touted the first gastrointestinal indication for an S1P receptor modulator.
Now Pfizer wants to give the pharma rival a run for its money.
Pfizer is dropping $6.7 billion to acquire Arena Pharmaceuticals, whose lead drug, etrasimod, targets the sphingosine 1-phosphate receptor.
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As the investments in cell and gene therapy manufacturing continue to grow across the world, Cincinnati Children’s Hospital and CTI Clinical Trial & Consulting Services have entered a $100 million agreement to produce clinical material locally.
The joint venture enables the hospital to work on its Translational Core Laboratory, which manufactures and tests services for cell and gene therapy trials. This will help address the global gene and cell therapy shortage and prevent the lack of capacity from getting in the way of new development. About 15 C&G therapy products have been approved by regulatory agencies across the globe, and a study from the Alliance for Regenerative Medicine predicts another 10 to 20 per year by 2025.
Rob Califf, the famous cardiologist from Duke University, is likely to return to the top of the FDA, this time under the Biden administration.
At his confirmation hearing Tuesday, Democrats and Republicans on the Senate health committee offered their support for Califf, with Chair Patty Murray (D-WA) stressing the need for an experienced leader, like Califf, who can ensure that science comes first.
Aamir Malik, Pfizer chief business innovation officer
Pfizer made a big splash in the M&A space Monday, announcing a $6.7 billion buyout of Arena Pharmaceuticals to chase Bristol Myers Squibb in the S1P race. But company execs suggested the company isn’t finished bringing on new assets.
In an investor call outlining the Arena acquisition, chief business innovation officer Aamir Malik took a moment to discuss Pfizer’s growth plans going forward. The strategy was made up of three pillars: advancing the internal pipeline, continuing to pursue outside opportunities and exploring the combination of technology and data to ‘accelerate’ growth.
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Stéphane Bancel, Moderna CEO (Steven Ferdman/Getty Images)
Just two months after Moderna announced plans to build a $500 million mRNA vaccine factory in Africa, the biotech giant agreed ‘in principle’ yesterday on a new mRNA vaccine manufacturing facility — but instead of looking in the US, Europe or Africa again, Moderna is going to the land down under.
While the deal is not set in stone, Moderna said that the biotech and the Australian government are committed to finalizing the agreement. As for the financial aspects of the deal, they have not been publicly disclosed.
The drastic difference in efficacy for Merck’s Covid-19 pill between interim and final analyses — from a 50% relative reduction in hospitalizations and deaths at the interim to just 30% in the final results — had some worrying that the Pfizer pill’s early success for adults at high risk of hospitalization might also be more muted in the final results.
But that wasn’t the case early Tuesday as Pfizer said that final data available from the more than 2,200 high-risk patients enrolled in its trial confirmed prior results showing Paxlovid reduced the risk of hospitalization or death by 89% (within three days of symptom onset) and 88% (within five days of symptom onset) compared to placebo. The company added:
Roche/Genentech CMO Levi Garraway
Breakthroughs in drug development have begun to unlock the potential of antibody-drug conjugates, therapies designed to better target proteins on tumor cells. Genentech’s Polivy has become an early winner in blood cancer, and now the drugmaker is revealing promising results in getting into patients even sooner.
A combination of Roche’s Polivy, an ADC targeting the CD79b protein on tumor cells, with Rituxan and the chemotherapy regimen R-CHOP cut the risk of disease progression or death over Rituxan-chemo alone by 27% in patients with first-line diffuse large B cell lymphoma, according to late-breaking data presented Tuesday at #ASH21.
Sanofi head of development Dietmar Berger
Sanofi’s fitusiran has had a rough road in hemophilia, weathering clinical holds and program halts tied to its lingering safety woes. Now, the drug is nearing the finish line with late-stage data in hand, but will those same safety concerns slam the brakes on the program despite its deliriously effective results?
Fitusiran, an RNAi drug designed to silence the gene that overproduces a protein responsible for clotting suppression, significantly reduced the annualized rate of bleeding over on-demand factor therapy in hemophilia A/B patients without preexisting factor inhibitors in the blood, according to late-breaking data presented Tuesday at #ASH21.
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