AutekBio, Inc. –with headquarters in the Bay Area of California, USA, but operations in China– will build one of Asia’s largest biologic contract manufacturing organisation (CMO) facilities in southern Beijing, China. To construct the facility, AutekBio signed a deal securing US$100 million in venture capital from private and government sources. Contributing to the capital raise were SUMA Ventures and Beijing E-Town Harvest International Capital Management Corporation, Beijing’s Municipal Government’s venture capital group. The new joint venture will build a world class R & D and manufacturing centre in southern Beijing, to service international biologic developments, with combined volumes of bioreactors up to 20,000 L in multiple production lines (trains).
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Generics
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- FDA approves generic teriparatide and levetiracetam
- US generics launch and approval for Dr Reddy’s and Lupin
- Five Chinese companies join UN’s MPP for Covid-19 medicines
- South Korean companies to make generic Bridion and COVID-19 drugs
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Biosimilars
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- FDA approves first interchangeable ranibizumab biosimilar Ranluspec
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- FDA approves Ennumo as eighth pegfilgrastim biosimilar
- FDA approves first interchangeable golimumab biosimilars Immgolis and Immgolis Intri
Research
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- EULAR 2025 RA guidelines streamlined as biosimilar expansion reshapes treatment sequencing
- Biosimilars uptake in Chile: why does it lag behind?
- Biosimilar aflibercept (AVT06) pre-filled syringe promises safer, faster eye injections
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