GC Green Cross to Contract Manufacture 15 Million Doses of Cholera Vaccine for UbioLogics
GC Green Cross announced on the 14th that it has signed a contract for the contract manufacturing (CMO) of the oral cholera vaccine 'Ubicol' with UbioLogics at its headquarters in Yongin, Gyeonggi Province.
GC Green Cross announced on the 14th that it has signed a contract for the consignment production of cholera vaccines with UbioLogics. Huh Eun-cheol, CEO of GC Green Cross (left), and Baek Young-ok, CEO of UbioLogics, are taking a commemorative photo after signing the contract.
[Photo by GC Green Cross]
This contract follows the memorandum of understanding signed by the two companies in August. Through this contract, GC Green Cross will be responsible for the contract manufacturing of the final product process (DP) of Ubicol. The contract period is until 2026, and the scale is initially set at 15 million doses.
Ubicol is an oral cholera vaccine jointly developed by UbioLogics and the International Vaccine Institute. It currently accounts for 100% of UNICEF's cholera vaccine supply.
GC Green Cross plans to participate in UbioLogics' global public health crisis response through this contract while seeking to expand its business in the CMO field. GC Green Cross's integrated finished product facility located in Ochang, Chungbuk, is capable of producing vaccines, biosimilars, antibody drugs, and messenger RNA (mRNA) products. It is equipped with fully automated facilities including aseptic filling equipment, and its production capacity reaches 1 billion doses, the largest scale in Korea.
Baek Young-ok, CEO of UbioLogics, said, "Due to increasing cholera outbreaks caused by climate anomalies and wars around the world, vaccine supply is not meeting demand. We are glad that through this contract for the final product process contract manufacturing with GC Green Cross, we can provide additional supply to UNICEF."
Hot Picks Today
"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- "I'll Stop by Starbucks Tomorrow": People Power Chungbuk Committee and Geoje Mayoral Candidate Face Criticism for Alleged 5·18 Demeaning Remarks
- Iranian Military Spokesperson: "Ceasefire Was an Opportunity to Strengthen Forces... Ready to Respond to War"
- "How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces
Heo Eun-cheol, CEO of GC Green Cross, stated, "Based on the latest facilities and over 50 years of accumulated pharmaceutical manufacturing know-how, we already have a global-level CMO foundation. Through this partnership, we plan to participate in the global public health crisis response and also open doors to expand our CMO business."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.