Mycenax becomes Taiwan's first CDMO company to complete the CHO-S and CHOZN GS Cell Line Development with the Beacon(R) Optofluidic System
PR89554
TAIPEI, May 18, 2021 /PRNewswire=KYODO JBN/ --
Mycenax (TWSE: 4726) becomes one of the first CDMO companies in Asia to adapt
the Beacon Optofluidic system to cell line development services.
Mycenax adopted Beacon® Optofluidic System, a high throughput selection system
for single-cell cloning and quantification with image evidence to support
monoclonality, for cell line development service in 2020.
Thousands of cells need to be screened to sought out the rare and
high-productive clones in cell line development. With the Beacon® Optofluidic
System, Mycenax is able to obtain cell clones with high productivity and a
regulatory compliant workflow to shorten the overall timeline for cell line
development by up to 50%.
Mycenax raises capital to boost production amid increasing demand for CDMO
services
Looking forward, Mycenax is planning to expand the capacity of current
production lines after successfully raising USD 26.7 million in March 2021.
This comes as the Global Biologics CDMO Market is expected to reach USD 18.63
billion by 2026. Valued at USD 9.93 billion in 2020, about 35% of CDMO market
growth is expected to be from APAC, driven by the increasing demand for
one-stop CDMOs.
Mycenax foresees ramped-up opportunities in CDMO. As a fully integrated CDMO
company, Mycenax also plans to introduce cell therapy, continuous process and
ADC (Antibody-drug Conjugate) services soon, to provide customers with various
solutions for biologics.
Mycenax's second facility to be commissioned in 2023
Currently, Mycenax has one PIC/S certificated facility for pre-clinical to
early commercial stage projects. Due to increasing demand for CDMO services and
the need for larger-scale commercial production, Mycenax initiated the
construction of the second GMP Facility (GMP #2) in 2020. The new complex is
expected to be operational by 2023.
GMP #2 is designed to comply with the PMDA, EMA, and US FDA guidelines with a
total area of 12,750 m2. There will be two Mammalian cell production lines with
the maximum capacity for each line set at 6,000L per batch and 30 batches per
year.
Mycenax will also establish a new aseptic fill/ finish line in GMP #2 to
increase the production capacity to 54,000 batch size for vials, 10,000 batch
size for pre-filled syringes and up to 30,000 vials for Lyophilization.
This new facility will help Mycenax fulfill customers' requirements for the
commercial supply of drug substances and drug products.
About Mycenax
Founded in September 2001, Mycenax Biotech is the pioneer of CMC development
and GMP production of biologics in Taiwan. The company has a complete value
chain, ranging from cell line, process, analytical method, and formulation
developments, GMP production and fill-finish. Utilizing Taiwan as the center
for development and manufacturing, Mycenax integrates the up- and downstream of
the industry to offer contract development and manufacturing services to
worldwide customers.
SOURCE: Mycenax Biotech Inc.
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