Cobra Biologics and Symbiosis clinched $2.5m USD collaborative grant

International contract development and manufacturing organisation (CDMO) of biologics and pharmaceuticals, Cobra Biologics and Symbiosis Pharmaceutical Services asserted having clinched a 16-month collaborative grant of £1.9m from Innovate UK.

The grant will position the partner companies as globally recognised centres of excellence in the field and firmly curate viral vector manufacturing capabilities within the UK. The project will also support a larger investment in the production capabilities of both companies, streamlining and de-risking the manufacturing of viral vector products through operational and commercial alignment. The resulting supply chain offering will support the clinical and commercial ambitions of drug developers, leading to more innovative gene and immunotherapy medicines reaching patients.

The joint investment project, costing £4.8m in total, aims to develop world leading capabilities for clinical and commercial production of gene and immunotherapy viral vectors for both drug substance and drug product manufacturing.

Peter Coleman, Chief Executive at Cobra Biologics, said: “Cell and gene therapy products are showing tremendous potential in the treatment of patients. The successful development and production of viral vectors to deliver these therapies is critical to the success of these products. I am looking forward to working closely with Symbiosis to help establish the UK as world leader in is this exciting field.”

Image Source: Cobra Biologics