Salvatore Mascia, Continuus Pharmaceuticals CEO
A spinout from an MIT lab has landed a deal with a Swedish development group to build a $125 million manufacturing facility in Woburn, MA, just 15 miles outside Boston.
Skanska signed a contract with Continuus Pharmaceuticals to renovate and build another 50,000 square foot site up to current Good Manufacturing Practices standards that will produce dry active pharmaceutical ingredients and finished drug products in both sterile injectable and tablets forms.
Continuus is developing a new platform it calls Integrated Continuous Manufacturing. This enables end-to-end drug production and uses the synthesis of APIs and the final dosage form as a single seamless process. The company was founded in 2012 and has raised $7.7 million so far, $5 million of which came from a 2019 Series B.
Three critical care medicines and an additional key drug will be made there to start, though Skanska says it will have room for growth. Continuus specializes in small-molecule pharmaceuticals, and as recently as July opened a new 3,000-square-foot lab that holds clean room space and high-potency capabilities. That came half a year after the company announced it landed a $69 million contract from the Department of Defense to make medicines to treat critically ill patients, including those with Covid-19.
That was the second government deal awarded to Continuus. The company previously signed on with the FDA to help establish a science-based approach to creating regulatory guidelines for continuous manufacturing.
‘Our new lab space, located one mile from our current manufacturing site and corporate headquarters, will help Continuus advance our mission for on-demand delivery of affordable, high-quality, vital medicines to patients in need of therapeutic solutions, and will also help facilitate collaborations with innovator companies that are developing high-potency drugs,’ CEO Salvatore Mascia said.
Skanska recently was assigned to develop AstraZeneca’s Cambridge, UK R&D operations in 2020, but was replaced by Mace after AstraZeneca said the latter had more expertise in the scientific fit-out and commissioning. That project was plagued by delays, thanks to design and roof loading issues. Most recently, Skanska completed the construction of Virginia Hospital Center’s newest outpatient pavilion in Arlington. Construction in Woburn began in October 2021 and is scheduled to wrap up in Q2 of this year.
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Their Staying Power Lies in their Patient-Centricity
Decentralized clinical trials (DCTs) were traditionally utilized in an isolated fashion prior to the COVID-19 pandemic. To continue their research within the constraints of the pandemic, sponsors and clinical investigators pivoted to a decentralized model out of necessity. At the onset, regulatory agencies offered some guidance on the digital approaches that are acceptable to ensure DCT approaches are applied in a way that maintains patient safety, as well as data quality and integrity.
As the FDA is looking to reduce drug shortages further by collecting more data on the volume of drugs and APIs manufactured worldwide, companies like Pfizer, Thermo Fisher, Viatris and industry groups are pushing back on new guidance that seeks to establish how that data should be collected and submitted to the agency.
The technical conformance guide, released last October, spells out the requirements under Section 3112(e) of the CARES Act, which was signed into law in March 2020 and added a new section to the FD&C Act.
Patrick Collison, co-founder of Stripe, has become one of Silicon Valley’s biggest advocates for new forms of funding and conducting science (Matt Winkelmeyer/Getty Images for WIRED)
It’s big days for biology.
The pandemic has seen a series of very public scientific breakthroughs: mRNA vaccine, Covid antibodies, CRISPR as therapy. The minds behind these advancements have graced magazine covers and received prestigious awards.
But the last two years have also, far more quietly, seen a series of new experiments in how to fund the next generation of scientific breakthroughs.
Since March 2020, investors, academics, a significant number of Silicon Valley types, at least one Russian billionaire and two crypto billionaires and, most recently, a few West Coast universities have launched a series of grant programs, institutes, NGOs and companies hoping to change how life science research is done. Though unaffiliated and varying greatly in both size and form, they have broadly promised to evade bureaucracy and misaligned incentives and advance both basic and not-so-basic research in ways they say can’t be done in either conventional academia or profit-focused biotech.
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Chris Perkin, Altasciences via Youtube
Altasciences CEO Chris Perkin has gone through several acquisitions in his 45-year career. And if there’s one thing he learned, it’s how not to go through an acquisition.
His company put that knowledge to use on Tuesday when it announced that it had acquired competitor Sinclair research, a preclinical contract research organization in Missouri. With the pickup, Altasciences gains 80 animal rooms, and full-service IND and NDA-enabling toxicology and safety pharmacology services.
Belén Garijo, Merck KGaA CEO (Kevin Wolf/AP Images for EMD Serono)
Bursting at the seams and executing plans for swift expansion to support its manufacturing work for the mRNA vaccine out of Pfizer/BioNTech, Indianapolis-based Exelead has now been scooped up in a $780 million cash buyout deal.
Germany’s Merck KGaA, which bought out another mRNA manufacturer, AmpTec, early last year, has been beefing up its ops around lipids, which, in mRNA vaccines, play a key role in turning human cells into a mini—vaccine factories?
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Jay Bradner, NIBR president (Jeff Rumans)
Alnylam was a few years ahead in the small interfering RNA (siRNA) space when Novartis jumped on the bandwagon in early 2020, licensing the company’s cholesterol-lowering drug Leqvio through its buyout of The Medicines Company. Less than a month after securing an approval, the pharma giant wants more where that came from.
Novartis is joining forces with Alnylam once again for the discovery and development of a regenerative siRNA-based therapy to treat end-stage liver disease, the companies announced on Thursday.
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Sosei Heptares is teaming up with a big-name partner: Alphabet’s Verily.
No financials were disclosed, but the pair will aim to use Verily’s immune profiling and Sosei Heptares’ GPCR drug design capabilities to develop a variety of new therapeutics. The collaboration will focus on GPCR drugs in the immunology, gastroenterology and immuno-oncology spaces, as well as other disorders with immunoprotective or immunopathogenic mechanisms, the companies said.
After showcasing clinical data at #ASH21 for a sickle cell disease candidate, Sanofi has decided to throw in the towel on its 8-year partnership with collaborator Sangamo — and return its rights to the candidate.
The gene editing biotech announced the ‘transition’ this morning, several days after Sanofi told Sangamo that the biotech was backing out of the deal. The Paris-based pharma giant will be returning its rights and obligations on SAR445136, a zinc finger nuclease gene-edited cell therapy back to Sangamo by the end of June.
A cell and gene therapy company is extending its collaboration with Seattle Children’s Hospital to establish manufacturing practices for cell therapy, the company announced Tuesday.
BioLife’s new lentiviral vector manufacturing site, dubbed VectorWorks, will be used to find best practices in biopreservation and closed-system manufacturing with the introduction and integration of Sexton’s AF-500. Seattle Children’s, and its subsidiary Seattle Children’s Therapeutics, have used BioLife’s CryoStar for freezing media for several years in clinical applications and trials to improve the post-thaw viability and recovery of cells.
https://endpts.com/mit-spinout-continuus-calls-upon-skanska-to-build-ma-site-with-federal-defense-money/