Advertisement

Picture [iito] Life Science Business Portals Media Data 2022 2 650x100px
Financing › Details

United KIngdom (govt)–Catalent: investment, 202204 acquisition of VMIC Ltd a development + production facility under construction in Oxford

 

Period Period 2022-04-06
Region Region Oxford, Oxfordshire
  Country United Kingdom (GB)
Organisations Money taker Vaccine Manufacturing and Innovation Centre UK Limited (VMIC Ltd.)
  Group Catalent (Group)
  Money source Catalent Inc. (NYSE: CTLT)
  Group Catalent (Group)
Products Product contract manufacturing (biologicals)
  Product 2 business development (state/region)
     

Catalent, Inc.. (4/6/22). "Press Release: Catalent Acquires Facility in Oxfordshire to Expand Biologics Capabilities in the UK and Across Europe". Somers, NJ.

Catalent, the global leader in enabling biopharma, cell, gene, and consumer health partners to optimize development, launch, and supply of better patient treatments across multiple modalities, today announced the acquisition from Vaccine Manufacturing and Innovation Centre UK Limited (VMIC Ltd.) of a biologics development and manufacturing facility currently under construction near Oxford, U.K.

Catalent plans to invest up to $160 million (£120 million) to complete the building of the facility and equip it with state-of-the-art capabilities for the development and manufacture of biologic therapies and vaccines, including mRNA, proteins, and other advanced modalities. It is expected that the new facility will employ more than 400 people and support public and private organizations seeking to develop and manufacture biotherapeutics.

“This acquisition allows Catalent to collaborate with the rich academic and biomedical science community centered around Oxford, with its world-class talent, and will result in a facility that provides opportunities to transform innovation into real treatments for patients across the United Kingdom, Europe, and beyond,” commented Mike Riley, President of Catalent Biotherapeutics. “Our priority is to complete construction as soon as possible to be able to commence customer programs in 2022. We will then integrate its capabilities within our existing network of biologics facilities across Europe to offer a flexible range of manufacturing, technology, and development solutions for the pipeline of thousands of development programs currently underway.”

“This deal ensures the VMIC site, when completed, will stay true to the original purpose of strengthening the U.K.’s vaccine manufacturing capability by bringing innovation to the sector and getting more vaccines to the clinic,” said Professor Robin Shattock, Head of Mucosal Infection and Immunity at Imperial College London, and Chair of the Board of Directors of VMIC Ltd. “Catalent has the resources to ensure this facility can become operational and start contributing to the UK’s and Europe’s vaccines landscape at pace. I would like to recognize employees at VMIC for their passion and commitment during the pandemic and the success that their work brought to the U.K. In Catalent, we’ve found a new owner who shares the vision for what we wanted to achieve and has safeguarded the interests of the workforce.”

The new facility is located to the south of Oxford at the world-renowned Harwell Science and Innovation Campus, a leading site in the U.K. for science and technology research breakthroughs and home to more than 40 life science companies.

Catalent has a long-standing presence in the U.K., where its workforce already exceeds 1,300 people at its four facilities focused on development and manufacturing of oral dose forms, located in Nottingham, Swindon, Haverhill, and Dartford, in addition to a clinical trial supply site in Bathgate, Scotland. The Catalent Biotherapeutics network also includes sites in Italy, Belgium, France, Switzerland, and the United States.


ABOUT CATALENT

Catalent is the global leader in enabling pharma, biotech, and consumer health partners to optimize product development, launch, and full life-cycle supply for patients around the world. With broad and deep scale and expertise in development sciences, delivery technologies, and multi-modality manufacturing, Catalent is a preferred industry partner for personalized medicines, consumer health brand extensions, and blockbuster drugs.

Catalent helps accelerate over 1,000 partner programs and launch over 150 new products every year. Its flexible manufacturing platforms at over 50 global sites supply over 70 billion doses of more than 7,000 products annually. Catalent’s expert workforce exceeds 18,000, including more than 2,500 scientists and technicians.

Headquartered in Somerset, New Jersey, the company generated $4 billion in revenue in its 2021 fiscal year. For more information, visit www.catalent.com


More products. Better treatments. Reliably supplied.™

   
Record changed: 2022-04-08

Advertisement

Picture [iito] No Tracking 650x100px

More documents for Catalent (Group)


To subscribe to our free, monthly newsletter for the European life sciences, please send an e-mail to info@iito.de and simply fill the subject line with the word »LSE Newsletter«

Find more infos about advertising at [iito] web portals in our media flyer [iito] in a Nutshell [PDF file]

Please visit also our web portals for the life sciences in German-speaking Europe (DE, AT & CH) and the worldwide mass spectrometry industry at Life-Sciences-Germany.com (life sciences in German-speaking Europe) and Mass-Spec-Capital.com (worldwide mass spectrometry)

Advertisement

Picture ConsulTech GmbH Berlin Grant Application and Coordination 650x80px




» top