GC녹십자, CMO 사업 협력 MOU 체결
바이넥스는 바이오의약품 CDMO 역량을 인정
*아래는 위 기사를 구글 번역기로 번역한 영문 기사의 [전문]이다. [Below is the [full text] of an English article translated from the above article with Google Translate.
GC Green Cross signs MOU for CMO business cooperation
Binex recognized biopharmaceutical CDMO capabilities
[The story of the case / Reporter Park Yeon-pa] = GC Green Cross (CEO Eun-cheol Heo) announced on the 8th that it has signed an MOU with Binex (CEO Hyuk-jong Lee) at the Ochang Factory in Cheongju, Chungcheongbuk-do. Through this business agreement, the two companies plan to continue comprehensive collaboration in the biopharmaceutical CMO business.
The two companies have different CMO-related competencies, which can lead to synergy creation through cooperation. GC Green Cross has strengths in the field of finished pharmaceuticals such as Vial and Prefilled Syringe (PFS), and Binex is recognized for its biopharmaceutical CDMO capabilities.
GC Green Cross completed the completion of the integrated completion hall in 2020, unifying the finished production process that was dispersed in domestic production facilities. This facility is designed with the CMO quantity in mind along with its own production items from the planning stage, so it can increase the production efficiency of various treatments and vaccines.
Binex is a CDMO-specialized company with experience in the development and production of various biopharmaceuticals, and has a total of 12,000 liters of cGMP-class biopharmaceutical production facilities. It provides overall CDMO services from initial development to clinical drug production and commercial product supply, and is producing contracts for consignment development and production of a number of biopharmaceuticals including Corona 19 vaccine and antibody treatment.
This agreement is significant in that it is a rapid cooperation that can proactively respond to the challenges of biopharmaceutical development, such as “securing a production base on time,” and contribute to efficient drug development and commercialization.
Seung-ho Lim, vice president of GC Green Cross, said, "The two companies will build a flexible and efficient collaboration system."
Lee Hyuk-jong, CEO of Binex, said, "We hope that this agreement will become a win-win growth model that can make use of the strengths of the two companies and complement the infrastructure, and will be of great help in expanding the CMO business of both companies."
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