Matica Bio Signs Adenovirus CDMO Contract with North American Medical Research Institution
Supporting the Entire Process from Initial Development to Production
Cha Biotech announced on March 26 that its U.S. subsidiary, Matica Bio, has signed a contract for contract development and manufacturing organization (CDMO) services with a North American medical research institution for an adenovirus-based therapeutic.
Under this agreement, Matica Bio will support the entire process for the therapeutic currently under development by the institution, from initial process development to clinical production. This includes establishing research cell lines, process and analytical development, quality testing, creation of a virus bank, and cGMP manufacturing.
The company plans to expand its adenoviral vector production capabilities and strengthen its CDMO business foundation through this contract.
Hot Picks Today
About 100 Trillion Won at Stake... "Samsung Strike Is an Unprecedented Opportunity" as Prices Surge 20% [Taiwan Chip Column]
- "Heading for 2 Million Won": The Company the Securities Industry Says Not to Doubt [Weekend Money]
- "Envious of Korean Daily Life"...Foreign Tourists Line Up in Central Myeongdong from Early Morning [Reportage]
- "Anyone Who Visited the Room Salon, Come Forward"… Gangnam Police Station Launches Full Staff Investigation After New Scandal
- Did Samsung and SK hynix Rise Too Much?... Foreign Assets Grow Despite Selling [Weekend Money]
Matica Bio is a subsidiary established in the United States by Cha Biotech to conduct cell and gene therapy (CGT) CDMO business. It operates a manufacturing facility in College Station, Texas.
Based on its analytical and process development capabilities, the company is increasing its contracts in the CGT sector.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.