14 October 2009 15:15 [Source: ICIS news]
MADRID (ICIS news)--Piramal Healthcare Pharma Solutions plans a £1m ($1.6m, €1.1m) upgrade to its high-potency substances (HPS) production facility in Grangemouth, UK, the India-based producer of active pharmaceutical ingredients said on Wednesday.
The investment, announced at the CPhI Worldwide pharmaceutical ingredients exhibition, will prepare and validate one of six production suites for the commercial-scale production of antibody-drug conjugates (ADCs), according to a company official.
The production suite will be used to manufacture an ADC now in “pivotal” clinical trials for “a leading ?xml:namespace>
Piramal simultaneously made announcements concerning its
Supply contracts with Pfizer that were originally negotiated as part of the sale of the Morpeth site to Piramal have been renewed and expanded in the form of a long-term partnership, the company said. Piramal will continue to produce active pharmaceutical ingredients (APIs), bulk formulated products and finished dosage forms for Pfizer.
Piramal also announced the relocation of its
Bob Holt, technical director of the biocatalysis division, said the move will help to target customer opportunities in both developmental compounds and launched products.
($1 = £0.62/€0.67)
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