Lotte Biologics Seeks Collaboration Opportunities at DCAT Week in the US

Major Global Pharmaceutical Companies and CDMOs to Participate

"Meeting Potential Clients to Expand Global Market Competitiveness"

Lotte Biologics announced on March 9 that it will participate in the global pharmaceutical and biotechnology business event, 'DCAT Week 2026,' which will be held in New York, USA, from March 23 to March 26.

DCAT Week is a prominent international networking event in the pharmaceutical and biotechnology industry, held annually in New York. A large number of global pharmaceutical companies and related firms, including contract development and manufacturing organizations (CDMOs), attend to explore opportunities for collaboration.

Lotte Biologics will operate a dedicated meeting room inside the Lotte New York Palace Hotel, where DCAT Week will be held, to seek opportunities for collaboration in the global CDMO business, including the North American market. The company plans to actively pursue partnership discussions by emphasizing the synergy between the accumulated quality competitiveness of its Syracuse Bio Campus in the United States and the large-scale production capabilities of the first plant at its Songdo Bio Campus in Incheon, which is set to be completed in August.

Lotte Biologics also plans to highlight that, through its partnership with Asimov, with whom it signed a business agreement in March last year, it is possible to complete processes from cell line development to active pharmaceutical ingredient (API) production in approximately 8.5 months. Additionally, the company will stress its ability to support the development and manufacturing of various modalities (therapeutic approaches), including monoclonal antibodies and bispecific antibodies, as well as its provision of stepwise manufacturing options covering everything from clinical production to Good Manufacturing Practice (GMP) production and quality management.

A Lotte Biologics representative stated, "Through our participation this time, we plan to actively seek collaboration opportunities with potential clients and further strengthen our competitiveness in the global market."

This content was produced with the assistance of AI translation services.