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Lonza Group Ltd.. (5/30/17). "Press Relase: Lonza Acquires Cell and Gene Contract Manufacturer PharmaCell". Basel.
Organisation | Lonza Group AG (SWX: LONN) | |
Today | Lonza (Group) | |
Group | Lonza (Group) | |
Organisation 2 | PharmaCell B.V. | |
Group | Lonza (Group) | |
Product | contract manufacturing (biologicals) | |
Product 2 | cell therapy | |
Index term | PharmaCell–Lonza: investment, 201704 acquisition of PharmaCell BV by Lonza | |
Person | Weiler, Andreas (Lonza 201505 Head of Emerging Technology, Lonza Pharma&Biotech) | |
Person 2 | Vos, Alexander (VectorY 202106– CEO before VarmX + Paion + Genzyme Europe + PharmaCell) | |
On 3 May 2017, Lonza successfully completed the acquisition of PharmaCell B.V., one of the most-respected cell and gene contract manufacturers in Europe with employees in Maastricht and Geleen (NL). In 2016 PharmaCell had sales of EUR 11 million.
PharmaCell was primarily selected due to its core expertise in autologous cell and gene therapy manufacturing, which includes experience with two commercial Advanced Therapy Medicinal Products (ATMPs)-licensed products. Autologous therapies use a patient’s own cells.
"PharmaCell’s position in the market complements Lonza’s leadership position in the allogeneic cell manufacturing market," said Andreas Weiler, Head of Emerging Technologies at Lonza. "This acquisition broadens Lonza’s capabilities in Europe and positions Lonza as the only contract development and manufacturing organization to offer an international cell and gene therapy manufacturing network, spanning the United States, Europe and Asia."
PharmaCell, established in 2005 when cell manufacturing was still in its infancy, has since been the manufacturer of the only two European-approved commercial cell therapy products. PharmaCell has more than 6,000 m2 of GMP clean rooms, QC and other support spaces.
Alexander Vos, CEO of PharmaCell commented: “Over the last seven years, we have been able to contract many of the blue-chip cell therapy companies. I am proud of my team, which has been able to deliver high-quality GMPmanufacturing services in this emerging and challenging field.”
Achelous Partners LLC served as financial advisers to PharmaCell on the transaction. Boels Zanders acted as PharmaCell’s legal counsel.
About Lonza
Lonza is one of the world’s leading and most-trusted suppliers to the pharmaceutical, biotech and specialty ingredients markets. It harnesses science and technology to create products that support safer and healthier living and that enhance the overall quality of life.
Not only is Lonza a custom manufacturer and developer, the company also offers services and products ranging from active pharmaceutical ingredients to drinking water sanitizers, from nutritional and personal care ingredients to agricultural products, and from industrial preservatives to microbial control solutions that combat dangerous viruses, bacteria and other pathogens.
Founded in 1897 in the Swiss Alps, Lonza today is a well-respected global company with approximately 40 majormanufacturing and R&D facilities and more than 10,000 fulltime employees worldwide. The company generated sales of CHF 4.13 billion in 2016 and is organized into two marketfocused segments: Pharma&Biotech and Specialty Ingredients. Further information can be found at www.lonza.com.
Additional Information and Disclaimer
Lonza Group Ltd has its headquarters in Basel, Switzerland, and is listed on the SIX Swiss Exchange. It has a secondary listing on the Singapore Exchange Securities Trading Limited (“SGX-ST”). Lonza Group Ltd is not subject to the SGX-ST’s continuing listing requirements but remains subject to Rules 217 and 751 of the SGX-ST Listing Manual.
Certain matters discussed in this news release may constitute forward-looking statements. These statements are based on current expectations and estimates of Lonza Group Ltd, although Lonza Group Ltd can give no assurance that these expectations and estimates will be achieved. Investors are cautioned that all forward-looking statements involve risks and uncertainty and are qualified in their entirety. The actual results may differ materially in the future from the forward-looking statements included in this news release due to various factors. Furthermore, except as otherwise required by law, Lonza Group Ltd disclaims any intention or obligation to update the statements contained in this news release.
Lonza Contact Details
Dirk Oehlers, Head Investor Relations
Lonza Group Ltd
Tel +41 61 316 8540
dirk.oehlers@lonza.com
Dominik Werner, Head Corporate Communications
Lonza Group Ltd
Tel +41 61 316 8798
dominik.werner@lonza.com
Constance Ward, Head External Communications
Lonza Group Ltd
Tel +41 61 316 8840
constance.ward@lonza.com
Lonza Ltd
Muenchensteinerstrasse 38
CH-4002 Basel, Switzerland
+41 61 316 81 11
+41 61 316 91 11
media@lonza.com
Record changed: 2023-06-05 |
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