Thermo Fisher Scientific partners with Innoforce to establish drug manufacturing facility in China

▴ Thermo Fisher Scientific partners with Innoforce to establish drug manufacturing facility in China
Joint venture expands global pharma services capacity for drug development and manufacturing

Thermo Fisher Scientific Inc., the world leader in serving science, and Innoforce, a bioinnovation-enabling company, today announced they have signed a joint venture agreement to establish a new pharma services facility in Hangzhou, China, for integrated biologics and steriles drug development and manufacturing. The new facility is expected to be completed in 2022.

The new state-of-the-art Good Manufacturing Practices (GMP) facility will become part of Thermo Fisher's extensive global pharma services network, which includes leading capabilities for drug product development, biologics manufacturing, sterile fill-finish, clinical trials packaging and logistics. The Hangzhou site will also incorporate stringent quality control processes that meet or exceed regulatory guidelines established by the China National Medical Products Administration (NMPA), the U.S. FDA and appropriate EMEA authorities.

"Our agreement with Innoforce will provide critical support in helping to meet the high demand for biologics in China," said Michel Lagarde, executive vice president, Thermo Fisher Scientific. "The addition of the Hangzhou site will expand our existing global network and provide drug development and manufacturing services for customers in China, as well as for global customers seeking capabilities in the region."

Innoforce CEO Yuling Li said, "To successfully bring novel therapies to market domestically and internationally, emerging biotech companies increasingly need partners with expertise in development and manufacturing and deep global regulatory knowledge. Through our partnership with Thermo Fisher, we can offer an accelerated pathway for biopharmaceutical manufacturers in China – and outside as well – to bring innovative therapies to the world."

Until the site is operational, new and existing customers can access Thermo Fisher's global biologics and steriles network, which includes sites across the U.S., Europe and Asia-Pacific, and then seamlessly transition to the new Hangzhou site after completion.

Tags : #ThermoFisherScientific #LatestewsonThermoFisherScientific6thNov #Innoforce #LatestNewsonInnoforce6thNov #LatestPharmaCollaboation6thNov #China #UDFDA #NationalMedicalProductsAdministration #MichelLagarde

About the Author


Team Medicircle

Related Stories

Loading Please wait...

-Advertisements-




Trending Now

Shattering Boundaries in Gynecological Surgery: Dr. Manjula Anagani Pioneers the Hugo™ RAS System in Asia-PacificApril 12, 2025
Moscow Scientists Develop Advanced Liver Phantom for Radiologists TrainingApril 11, 2025
Sightsavers India and GSVM Medical College, Kanpur Partner to Strengthen Ophthalmology Training Through Infrastructure Development and Skill BuildingApril 11, 2025
Sweating to Death: The Dark Side of India's Blistering SummerApril 10, 2025
When Zoning Out Makes You Smarter: The Surprising Truth About Mental DriftApril 10, 2025
Parkinson's Disease: A Growing Concern with Early Onset Cases Rising in IndiaApril 10, 2025
When the Womb Turns Against the Mind: The Shocking Cost of Gestational DiabetesApril 10, 2025
Introducing Atlan® A100 - Dräger’s Latest Innovation in Anaesthesia WorkstationsApril 10, 2025
April 10, 2025
Hinduja Foundation and Gulf Oil Lubricants India Ltd. Install 500 LPH Water ATM in Chotila, Rajkot to Provide Safe Drinking Water for Communities and TruckersApril 10, 2025
Our Brain's Hunger Games: How Mental Cravings Attack ImmunityApril 09, 2025
Inhale Anxiety, Exhale Joy: Is Air Pollution Ruining Mental Health?April 09, 2025
Are You Slowly Killing Your Brain: Habits That Steal Your Memory, Mood, and Mental StrengthApril 09, 2025
Baby & Mom Retail Launches it's New Healthcare Equipment Brand CORVELLApril 09, 2025
Wellbeing Nutrition unveils a new campaign with their Brand Ambassador, Sharvari, Celebrating the power of “Beauty Within”April 09, 2025
Given the rise in heart attack cases in womenApril 08, 2025
CARE Hospitals Marks World Health Day 2025 with ‘Walk for a Healthy Beginning’ at CharminarApril 08, 2025
Cancer, Obesity, Mental Health, India’s top health concerns: Ipsos Health Service Report 2024 April 08, 2025
Why Loneliness Might Be the Real Reason You're Always Falling SickApril 08, 2025
Is Your Beverage Choice Secretly Harming Your Mind?April 08, 2025