/C O R R E C T I O N -- MilliporeSigma/
In the news release, MilliporeSigma Announces $65 Million Antibody-Drug Conjugate Manufacturing Expansion, issued 09-Sep-2020 by MilliporeSigma over PR Newswire, we are advised by the company that the sentence "Udit Batra is the global chief executive officer of MilliporeSigma." should have never been included. Additionally, the third paragraph has been updated. The complete, corrected release follows:MilliporeSigma Announces $65 Million Antibody-Drug Conjugate Manufacturing Expansion
- Creates one of the largest single-digit nanogram containment manufacturing facilities for high-potent active pharmaceutical ingredient (HPAPI) production
- Allows continuous flow manufacturing for antibody-drug conjugates (ADCs)
- Approximately 50 full-time jobs to be added
BURLINGTON, Mass., Sept. 9, 2020 /PRNewswire/ -- MilliporeSigma today announced a $65 million expansion of its HPAPI and ADC manufacturing capabilities and capacity at its facility near Madison, Wisconsin. This investment will allow large-scale manufacturing of increasingly potent compounds that have the potential to treat cancer. Completion is expected by mid-2022 and should add approximately 50 full-time jobs starting in 2021.
"ADCs have posted incredible growth over the last decade and regulatory agencies' approval in recent years demonstrate their promise as a targeted therapy," said Andrew Bulpin, head of Process Solutions at MilliporeSigma. "With more than 35 years of experience in this space, we have been a frontrunner in the development and manufacturing of biologics, conjugation processes and small molecules. This investment underscores our commitment to working with innovators to bring new treatments to patients quickly and more efficiently."
MilliporeSigma's new 70,000-square-foot commercial building in Madison, Wisconsin will be one of the largest dedicated HPAPI manufacturing facilities specifically designed to handle single-digit nanogram occupational exposure limit materials. The project is in addition to the company's campus in St. Louis, Missouri, which was the first commercial ADC facility in North America, and which specializes in ADC bio-conjugation, active pharmaceutical ingredients, excipient and adjuvants manufacturing.
ADCs are an emerging class of medicines designed for high-specificity targeting and destruction of cancer cells, while preserving healthy cells. There are now only nine ADCs approved globally. However, the ADC industry is delivering strong growth and is expected to reach $15 billion by 20301.
While ADCs can provide many benefits compared with other therapeutic options, they also present a unique set of challenges. Their development is complex, necessitating stringent containment infrastructure, and their structural exceptionality requires expertise in a number of different technologies for small and large molecules, as well as analytical capabilities. Due to these challenges, more than 70 percent of ADC projects are outsourced to contract development and manufacturing organizations2.
With more than 35 years of experience in the development and manufacturing of small molecules, biologics and ADC technologies, MilliporeSigma offers extensive experience in both clinical and commercial manufacturing. The company's comprehensive service portfolio combines the steps of drug development and production — from pre-clinical to commercial — from a single source. This consolidation helps reduce risk and streamlines the process of getting therapies to patients faster.
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About the Life Science business of Merck KGaA, Darmstadt, Germany
The Life Science business of Merck KGaA, Darmstadt, Germany, which operates as MilliporeSigma in the U.S. and Canada, has some 22,000 employees and 59 manufacturing sites worldwide, with a portfolio of more than 300,000 products focused on scientific discovery, biomanufacturing and testing services.
Merck KGaA, Darmstadt, Germany completed its $17 billion acquisition of Sigma-Aldrich in November 2015, creating a leader in the $125 billion global life science industry.
Merck KGaA, Darmstadt, Germany, a leading science and technology company, operates across healthcare, life science and performance materials. Around 57,000 employees work to make a positive difference to millions of people's lives every day by creating more joyful and sustainable ways to live. From advancing gene-editing technologies and discovering unique ways to treat the most challenging diseases to enabling the intelligence of devices – the company is everywhere. In 2019, Merck KGaA, Darmstadt, Germany generated sales of €16.2 billion in 66 countries.
The company holds the global rights to the name and trademark "Merck" internationally. The only exceptions are the United States and Canada, where the business sectors of Merck KGaA, Darmstadt, Germany operate as EMD Serono in healthcare, MilliporeSigma in life science, and EMD Performance Materials. Since its founding 1668, scientific exploration and responsible entrepreneurship have been key to the company's technological and scientific advances. To this day, the founding family remains the majority owner of the publicly listed company. For more information about Merck, KGaA, Darmstadt, Germany, visit www.emdgroup.com.
1 "Antibody-Drug Conjugates Market to Be Worth $15bn by 2030." European Pharmaceutical Review, 30 Aug. 2019, www.europeanpharmaceuticalreview.com/news/98037/antibody-drug-conjugates-market-15bn-2030/. 2 Roots Analysis Private Ltd. ADC Contract Manufacturing Market, 2015-2025. August 2015, www.adc.expert/2mNns33
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