CordenPharma & Moderna Extend Strategic Manufacturing Services Agreement

CordenPharma

PR84182

 

CordenPharma & Moderna Extend Strategic Manufacturing Services Agreement for the Supply of Lipid Excipients to be used in Moderna's Vaccine (mRNA-1273) Against the Novel Coronavirus SARS-CoV-2

 

LUXEMBOURG, May 28, 2020 /PRNewswire=KYODO JBN/ --

 

CordenPharma (

https://c212.net/c/link/?t=0&l=en&o=2815387-1&h=294056208&u=https%3A%2F%2Fwww.cordenpharma.com%2F&a=CordenPharma

), a full-service Contract Development & Manufacturing Organization (CDMO) for

the supply of APIs, Drug Products & Pharmaceutical Packaging, announces the

signing of an amendment to their existing manufacturing agreement with Moderna,

Inc.(

https://c212.net/c/link/?t=0&l=en&o=2815387-1&h=2239839285&u=https%3A%2F%2Fwww.modernatx.com%2F&a=Moderna%2C+Inc

) (Nasdaq: MRNA), a clinical stage biotechnology company pioneering messenger

RNA (mRNA) therapeutics and vaccines to create a new generation of

transformative medicines for patients. The extension enables CordenPharma to

manufacture large-scale volumes of Moderna's lipid excipients to be used in the

manufacture of Moderna's vaccine candidate (mRNA-1273) against the novel

coronavirus (SARS-CoV-2).

 

Logo - https://mma.prnewswire.com/media/1173757/CordenPharma_Logo.jpg

 

Under the terms of the agreement, the companies will further extend their

supply relationship by expanding the manufacturing agreement originally signed

in 2016 between Moderna and CordenPharma Switzerland (

https://c212.net/c/link/?t=0&l=en&o=2815387-1&h=3263879230&u=https%3A%2F%2Fwww.cordenpharma.com%2Ffacilities%2Fliestal%2F&a=CordenPharma+Switzerland

). The amended agreement now includes CordenPharma Chenôve (

https://c212.net/c/link/?t=0&l=en&o=2815387-1&h=712779886&u=https%3A%2F%2Fwww.cordenpharma.com%2Ffacilities%2Fchenove%2F&a=CordenPharma+Chen%C3%B4ve

) (FR) and CordenPharma Colorado (

https://c212.net/c/link/?t=0&l=en&o=2815387-1&h=522037032&u=https%3A%2F%2Fwww.cordenpharma.com%2Ffacilities%2Fcolorado%2F&a=CordenPharma+Colorado

) (US) for the manufacture of larger-scale volumes of lipids, while continuing

to draw upon CordenPharma Switzerland's long-standing reputation as a leader in

specialized lipid manufacturing (

https://c212.net/c/link/?t=0&l=en&o=2815387-1&h=3310238915&u=https%3A%2F%2Fwww.cordenpharma.com%2Fapis%2Flipids-complex-carbohydrates-api-manufacturing%2Fderivatized-phospholipids&a=specialized+lipid+manufacturing

). The expanded agreement will begin immediately in order to rapidly meet

Moderna's increasing demand over the upcoming months, with an emphasis on

securing their future long-term supply.

 

Juan Andres, Moderna's Chief Technical Operations and Quality Officer,

comments, "We are pleased to extend our agreement with CordenPharma. This

expansion will increase supply of lipid excipients used to manufacture our mRNA

products. We appreciate CordenPharma's global presence and CDMO expertise as we

scale manufacturing of mRNA-1273."

 

Dr. Michael Quirmbach, CordenPharma's President & CEO comments, "We are

thrilled to extend our long-term agreement to help support Moderna by

leveraging our strong global network of GMP manufacturing facilities across

Europe and the US to supply the immediate need of lipid excipients for their

coronavirus vaccine. We are hopeful Moderna's technology represents a positive

impact for people suffering from COVID-19 across the globe, and we are honored

to contribute to the industry as a whole."

 

About CordenPharma

 

CordenPharma, the global pharmaceutical manufacturing platform of ICIG, is a

full-service Contract Development & Manufacturing Organization for APIs, Drug

Products, and Packaging. Through cGMP facilities across Europe and the US

organized under four Technology Platforms – Peptides, Lipids & Carbohydrates,

Injectables, Highly Potent & Oncology, and Small Molecules – CordenPharma

experts translate complex projects at any stage of development into high-value

products.

 

Contact us (

https://c212.net/c/link/?t=0&l=en&o=2815387-1&h=2072966844&u=https%3A%2F%2Fwww.cordenpharma.com%2Fcontact-us%2F&a=Contact+us

) or visit cordenpharma.com (

https://c212.net/c/link/?t=0&l=en&o=2815387-1&h=3041621817&u=https%3A%2F%2Fwww.cordenpharma.com%2F&a=cordenpharma.com

).

 

Source – CordenPharma

 

CONTACT: CordenPharma Media, abby.thompson@cordenpharma.com

 

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