BioCina and NovaCina Merge to Strengthen Australian CDMO Industry
Two Australian CDMOs, BioCina and NovaCina, have announced a strategic merger to operate as a single contract manufacturing company under the BioCina name. The companies will offer comprehensive end-to-end solutions for biopharmaceuticals and small molecules and combine BioCina's expertise in process development and manufacturing for microbial, plasmid DNA, and mRNA modalities at its Adelaide, South Australia facility, with NovaCina's state-of-the-art sterile fill-finish plant in Perth, Western Australia, which has produced over 600 biologic and small molecule products.
The following article originally appeared in PR Newswire.
Global Contract Development and Manufacturing Organizations (CDMOs) BioCina and NovaCina announced a strategic merger that will create a powerful brand in biopharmaceutical and small molecule contract manufacturing. The combined company, which will retain the BioCina name, will be fully integrated to provide the market a seamless, end-to-end offering, from cell line development and process development, to clinical and commercial drug substance and sterile fill-finish of drug products. This new comprehensive suite of services positions BioCina to meet the ever-growing demand for high-quality, integrated manufacturing solutions for clients in the US, Europe, Asia, Australia, and beyond.
The merger integrates BioCina's world-class expertise in process development and manufacturing for the microbial, plasmid DNA, and mRNA modalities at the Adelaide, South Australia facility, with NovaCina's Perth, Western Australia facility, a state-of-the-art sterile fill-finish plant that has produced more than 600 biologic and small molecule products. Clients are serviced with highly experienced technical SMEs with an average tenure of more than 10 years and the synergistic union provides a streamlined, client-centric experience, managed by a single entity. Agile, phase-appropriate solutions, marked by exceptional quality, and industry-leading on-time and in-full (OTIF) delivery reliability are cornerstones for BioCina today. BioCina boasts an elite regulatory track record, including approvals from the US FDA, EMA, TGA, and Health Canada. In addition, drug developers will continue to benefit from Australia's preeminent tax incentive of up to 48.5% for CDMO programs delivered in Australia.
Mark W. Womack, who has successfully led BioCina's explosive growth and development over the last two years, will continue as CEO. Womack is long recognized for his visionary leadership, instilling a truly client-focused culture and delivering exceptionally reliable operational performance across numerous successful organizations. Previously, Womack served as Chief Executive Officer of both KBI Biopharma and Stelis Biopharma and as Chief Business Officer of AGC Biologics, where he was instrumental to their expansion.
"The cohesion of these two companies is quite ideal, and we have immense confidence in what they will achieve together, especially with Mark at the helm. The industry is rapidly transforming and becoming increasingly more complex. New drug developers along with experienced biopharma companies are looking for a trusted CDMO partner that will work hand-in-hand to drive their products to market with efficiency and streamlined regulatory approval. Each of these firms, in their own right, are superb. Together, they will boost the industry's capabilities and standards, and provide an unparalleled offering," said Masood Tayebi, Co-Founder and CEO of the Bridgewest Group, parent company of both firms.
"I am thrilled to lead this dynamic new organization. This merger solidifies our position in the industry as the most reliable and client-centric end-to-end CDMO for the global biopharmaceutical and small molecule industry," said Mark W. Womack, CEO, BioCina.
For more, please find the original story source here.