0
  • Notifications
  • No notifications yet

  • View All Notifications
ChemDmart
Chemxpert Database
  • About
    • About
    • Leadership
    • Advisory Board
  • Products
    • ChemProtel - Product Intelligence
    • CompFolio - One Company Profile
    • CompGroupe - Group Company Profile
    • ChemScape - Data Landscape
    • ChemDmart - E-Market Place
    • DataIntel - Data Analytics/Trends
    • DataFeed - Data News/Feed
    • CompShow- Company Showcase
  • Sources
  • Subscription
  • User Guide
  • Contact
  • Book Demo Log In
  1. Home
  2. All News
  3. Resilience Keeps Expansion Spree Rolling With Buyout Of Biologics Maker Ology
News Feed
course image
  • 14 Apr 2021
  • Admin
  • News Article

Resilience Keeps Expansion Spree Rolling With Buyout Of Biologics Maker Ology

Just six months into its life span, fledgling biomanufacturer National Resilience is moving full speed ahead on its lofty expansion plans. After snaring a pair of commercial plants last month, the company has snapped up an entire manufacturer. Resilience bought out biologic drug substance maker Ology Bioservices, bolstering its growing biopharma production network to the tune of 300 new employees and 200,000 square feet of workspace. Helmed by former Novavax chief Rahul Singhvi and backed by an impressive roster of executives and board members, Resilience started life in November with the goal to build the “world’s most advanced biopharmaceutical manufacturing ecosystem.” The company set out with more than $800 million in capital and focused its sights on production of complicated medicines like cell and gene therapies, viral vectors, proteins and vaccines. With Ology on board, Resilience is getting its hands on production, office, process development and quality assurance and control space across the manufacturer’s sites in Florida, California and Maryland. Meanwhile, Ology has several expansion projects underway, Resilience said. Resilience didn't say how much it would pay for Ology. The company didn't immediately reply to Fierce Pharma's request for comment. RELATED: CDMO Sterling, scaling up for the oncology arms race, acquires U.K. antibody-drug conjugate specialist Ology will chip in on regulatory services from the preclinical phase through licensure, plus clinical trial operations, bioanalytical testing and biologics manufacturing. The company is equipped to turn out cell and gene therapies, live viral vaccines and vectors, oncolytic viruses, plasmids and monoclonal antibodies. When it comes to antibodies, Ology isn’t sticking to manufacturing alone. In November, the company won a $37 million contract from the U.S. Department of Defense to develop a COVID-19 antibody cocktail. The company will seek an emergency use authorization or expanded access for at-risk military personnel. Before that pandemic pact, Ology already counted the U.S. government among its customers with more than $1.8 billion in government contracts, Resilience said. RELATED: Chime Bio, flush with $190M, blueprints major biomanufacturing boost in China Resilience, for its part, has built some serious momentum since its November launch. In March, the company bought a former Genzyme manufacturing plant from Sanofi in Boston. Resilience says it will equip the 310,000-square-foot site for a variety of manufacturing types and plans to set up new quality labs. It will also continue to make an unidentified Sanofi product there. At the same time, Resilience bought a 136,000-square-foot factory in Mississauga, Canada, which is kitted out for upstream, downstream and aseptic fill-finish work. The company said it plans to retain staff and make upgrades at both facilities. At the time, Resilience’s North American footprint stood at more than 750,000 square feet. With Ology in the mix, that presence has swelled to nearly 1 billion square feet.

Let’s apply Data-Driven Pricing to Your APIs

Sick and tired of always wondering if you are being asked to pay the right price for your APIs? This empowers you with the answers you need to make the right decisions in the Global API market.

Chemxpert Database is one of the biggest and most comprehensive directories of pharma and chemicals, manufacturers, suppliers and information. Provided with current information on prices, demand and transactions, it gives you instant feedback on whether you are buying what is right and at the right time.

Start using market intelligence today and allow yourself to be in control in the API market.

Check it out today and make more informed sourcing decisions! Learn More!

Categories

image
Product Related Updates
image
Certificates/Accreditation
image
Approval/Launch
image
Clinical Trial Update
image
Licensing/Partnering/Collaboration Deal
image
ODD/BTA/FTA Status
image
Merger/Acquisition
image
Warning/Recalls

Lifescience Intellipedia Pvt. Ltd.

C-89, Sector-65 Noida-U.P. 201301 (India)
Toll-Free: 18004190155
Phone: +91-120-6631301-361
Mobile: +91-9990237670
Email: info@lifescienceintellipedia.com
Email: sales@lifescienceintellipedia.com

USEFUL LINKS

  • Home
  • Privacy Policy
  • Terms & Conditions
  • Terms Of Use
  • Refund Policy
  • Blogs

OUR PRODUCTS

  • ChemProtel - Product Intelligence
  • CompFolio - One Company Profile
  • CompGroupe - Group Company Profile
  • ChemScape - Data Landscape
  • ChemDmart - E-Market Place
  • DataIntel - Data Analytics/Trends
  • DataFeed - Data News/Feed
  • CompShow- Company Showcase

LOCATION

© Copyright Lifescience Intellipedia Pvt. Ltd.. All Rights Reserved

Fill The Form