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Monday December 01 2008 | Biotechnology feed | All feeds
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CAMBRIDGE ANTIBODY TECHNOLOGY (CAT) and LONZA extend manufacturing agreement to supply clinical grade antibody drugs Cambridge,
UK, and Basel, Switzerland…
Cambridge Antibody Technology (LSE: CAT; NASDAQ: CATG) and Lonza Group Limited (SWX:
LONN) today announce the extension of their November 2001 agreement, confirming
that Lonza Biologics will manufacture and supply clinical grade antibody drugs
to CAT through to the end of 2006. The
agreement, which is effective immediately, will guarantee that CAT and its
collaborators have access to Lonza’s manufacturing capability at production
scale (up to 2,000L) for both ongoing programmes and future projects. Peter
Chambré, CAT’s CEO, commented “We are pleased with the success of our
on-going relationship with Lonza and with the access to world class
manufacturing facilities this offers CAT and our collaborators. This extension
enables us to plan further ahead with confidence and certainty of access to
world-class manufacturing facilities on a longer-term basis. Over the
past six years, we
have developed leading skills in process optimisation for therapeutic antibodies
and have built a strong relationship with Lonza to develop and refine efficient
manufacturing processes to be used at production scale. For
CAT, this is a very cost-effective way of ensuring timely supply of our
therapeutic antibodies for our programmes and increasing the breadth of
capabilities we can offer to collaborators.” Markus
Gemuend, CEO of Lonza, commented: “The extension of our agreement with CAT is
a demonstration of the confidence both parties developed over the recent years
in each other’s capabilities. We are pleased to continue to align ourselves
with a leader in antibody development and to support CAT through the next phases
of their clinical programmes both for existing products and for new products in
their pipeline.” ENDS Notes
to Editors Cambridge
Antibody Technology (CAT): ·
CAT is a UK-based biotechnology company using its proprietary
technologies and capabilities in human monoclonal antibodies for drug discovery
and drug development. Based near Cambridge, England, CAT currently employs
around 280 people. ·
CAT is a leader in the discovery and development of human therapeutic
antibodies and has an advanced proprietary platform technology for rapidly
isolating human monoclonal antibodies using phage display and ribosome display
systems. CAT has extensive phage antibody libraries, currently incorporating
more than 100 billion distinct antibodies. These libraries form the basis for
the Company’s strategy to develop a portfolio of antibody-based drugs. ·
Three CAT human therapeutic antibody products are now in clinical
development, with two further product candidates in pre-clinical development. ·
HUMIRATM, the leading CAT-derived antibody, isolated and
optimised in collaboration with Abbott has been approved by the US Food and Drug
Administration for marketing in the US and by the European Commission for
marketing in the EU as a treatment for rheumatoid arthritis. ·
Five
further licensed CAT-derived human therapeutic antibodies in clinical
development, with three further licensed product candidates in pre-clinical
development. ·
CAT has alliances with a number of
pharmaceutical and biotechnology companies to discover, develop and
commercialise human monoclonal antibody-based products. CAT has co-development
programmes with Amrad, Elan and Genzyme. ·
CAT has also licensed its proprietary
technologies to several companies. CAT’s licensees include: Abbott, Amgen,
Chugai, Human Genome Sciences, Merck & Co, Pfizer and Wyeth Research. ·
CAT is listed on the London Stock Exchange and
on NASDAQ since June 2001. CAT raised £41m in its IPO in March 1997 and £93m
in a secondary offering in March 2000. ·
CAT and Lonza Biologics announced their earlier
long term agreement for the manufacture and supply of clinical grade antibodies
on 26 November 2001. Lonza
Custom Manufacturing: ·
Lonza Custom Manufacturing comprises the
development and production of small molecules by chemical synthesis and
biotransformation as well as large molecules (biopharmaceuticals) by microbial
fermentation and mammalian cell culture technology. ·
At Lonza, customer needs have top priority.
Lonza Custom Manufacturing provides a broad spectrum of development and
manufacturing services in support of each of these technologies, created through
close interactive partnerships with its customers. Full quality and regulatory
support is available for manufacture of clinical and marketed products, founded
on highly qualified scientists, know-how and extensive expertise in successful
scale-up from lab to commercial production. ·
Lonza is a Life Sciences driven company
headquartered in Switzerland. It
is one of the leading custom manufacturers of active
chemical ingredients, intermediates and biotechnology services to the
pharmaceutical and agrochemical industries. ·
In addition, Lonza also offers organic
intermediates for a wide range of applications and provides antimicrobial and
associated products as well as polymer intermediates and compounds. ·
For more information please visit the
company’s website at www.lonza.com.
Application
of the Safe Harbor of the Private Securities Litigation Reform Act of 1995: This
press release contains statements about Cambridge Antibody Technology Group plc
("CAT") that are forward looking statements. All statements other than
statements of historical facts included in this press release may be forward
looking statements within the meaning of Section 21E of the Securities Exchange
Act of 1934. These forward looking
statements are based on numerous assumptions regarding the company’s present
and future business strategies
and the environment in which the company will operate in the future. Certain
factors that could cause the company’s actual results, performance or
achievements to differ materially from those in the forward looking statements
include: market conditions, CAT’s ability to enter into and maintain
collaborative arrangements, success of product candidates in clinical trials,
regulatory developments and competition. We caution investors not to place undue
reliance on the forward looking statements contained in this press release.
These statements speak only as of the date of this press release, and we
undertake no obligation to update or revise the statements.
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