Kaneka expands GMP manufacturing capacity for mRNA in Kaneka Eurogentec S.A.
Kaneka Corporation (Headquarters: Minato-ku, Tokyo; President: Minoru Tanaka)(TOKYO:4118) has decided to increase its GMP*1 manufacturing capacity for mRNA*2 in Kaneka Eurogentec S.A. (Headquarters: Liège, Belgium; President: Lieven Janssens), a wholly owned group company in Europe. We plan to start operation sequentially from the end of 2023 with a capital investment of 2 billion JPY and a production capacity that is around 5 times higher than the current capacity. Kaneka Eurogentec S.A. will grow as a leading company of biopharmaceutical CDMO*3, responding to the vigorous global demand for mRNA.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230118006042/en/
Kaneka Eurogentec S.A. building (Photo: Business Wire)
mRNA, which has been rapidly implemented in vaccines against COVID-19, is expected to be applied not only to vaccines for other infectious diseases but also to therapeutics for genetic diseases, cancer and so on. The demand for GMP manufacturing of mRNA will increase drastically with the active development of biopharmaceutical pipelines by pharmaceutical companies worldwide.
Kaneka Eurogentec S.A. is a CDMO for biopharmaceuticals inspected by the US FDA*4 and has world-class technology for producing plasmid DNA*5 and GMP manufacturing track records of over 25 years. They provide plasmid DNA, recombinant proteins, oligonucleotide*6 and so on as drug substances for pharmaceutical companies worldwide. In addition, Kaneka Eurogentec S.A. has started GMP manufacturing services for mRNA since 2020, and this capacity expansion will be utilized to expand the CDMO business.
Regarding the priority area of Health Care, Kaneka will continue to provide solutions globally for health issues through the growth of its biopharmaceutical business.
GMP (Good Manufacturing Practice): A system for ensuring that products are consistently produced and controlled according to quality standards.
mRNA: An RNA molecule that is transcribed genetic information of protein synthesis from DNA. It is expected to be used as vaccines and therapeutics.
CDMO: Contract Development and Manufacturing Organization.
Food and Drug Administration (FDA): US governmental agency dealing with approval and supervision of violation of products which may be used by consumers in their daily life such as pharmaceutical products, cosmetics, medical devices, veterinary drugs and toys.
plasmid DNA: A general term for circular DNA molecules that exist outside the nucleus of bacteria such as E. coli and yeast, and that are passed down to daughter cells through cell division.
It is conventionally used in processes for producing biopharmaceuticals such as therapeutic proteins and has been applied to genetic medicines and vaccines in recent years.
Oligonucleotide: Short polymeric sequences of nucleotides (RNA or DNA). It is used as drug substance of nucleic acid therapeutics.
[General description of Kaneka Eurogentec S.A.]
Headquarters: Liège, Belgium
President: Lieven Janssens
Description of business: Manufacturing and sales of proteins, nucleic acids and peptides for medicinal, diagnostic and basic research uses
Capital: 31 million euros
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
Investors & Public Relations Department
About Business Wire
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Terra Firma Energy Limited Secure 120MW of Contracts From Record Breaking T-4 Capacity Market Auction28.2.2024 20:07:00 CET | Press release
Terra Firma Energy have successfully secured 120MW of contracts in the record-breaking T-4 Capacity Market auction. After two bidding rounds the auction cleared at £65/kW/Year breaking last year’s record of £63/kW/Year. This outstanding result will see our contracted assets receive over £7.3M per year to be on standby to provide critical support to National Grid when required. UK Capacity Market The UK Capacity Market ensures electricity supply meets demand, especially during peak times, by incentivising generation investment and maintaining grid stability. Auction results determine prices paid to generators for ensuring electricity availability. The T-4 auction secures capacity for delivery in four years via long-term 15-year agreements, while T-1 auctions procure capacity just before delivery via 12-month agreements. On February 27, 2024, the T-4 auction cleared at £65/kW/year for delivery in Oct-2027/Sep-28. William Davies, Managing Director of Terra Firma Energy said “I am thrilled
Verimatrix Streamkeeper Wins Gold in 2024 Merit Awards for Telecom Innovation28.2.2024 19:14:00 CET | Press release
Regulatory News: Verimatrix, (Euronext Paris: VMX), the leader in powering the modern connected world with people-centered security, today announced that its Verimatrix Streamkeeper took home top honors in this year’s Merit Awards for Telcom and Wireless. The gold win in the Security Innovations category marks the latest in a growing stack of industry recognitions marking Streamkeeper’s uniquely powerful and multi-layered anti-piracy protection capabilities. Judged by industry executives, members of the media and consultants as well as Merit Awards staff, the program is dedicated to recognizing the efforts put forth by global industries and the markets they serve, acknowledging companies that have contributed to the continued growth of the market. Verimatrix Streamkeeper combines digital content security with app protection to hunt down and take down piracy for many of the world’s entertainment leaders – including more than half a billion clients across devices. "We are thrilled to con
Tecnotree's Comprehensive Next-Generation BSS Solutions to Drive Nuh Digital’s Transformation28.2.2024 17:07:00 CET | Press release
Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, announced the signing of a new digital transformation deal with Nuh Digital, to provide BSS stack solutions to enhance the company’s operational efficiency and meet current and future market requirements. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240228266983/en/ (Graphic: Business Wire) Nuh Digital is a growing Mobile Virtual Network Operator (MVNO), changing the scenario of digital inclusion in Brazil, with the purpose of developing businesses through innovation and intelligent connectivity. Tecnotree’s digital marketplace solutions will enable the company to introduce new digital services quickly and cost-effectively. The full digital stack deployment will include Mediation, Provisioning, BSS Switch (Convergent Billing Solution, Customer Lifecycle Manager, Unified Product Catalog, Enterprise Integration Accelerator), D
LiveRamp Launches Unified Data Collaboration Platform Featuring Composable Technology28.2.2024 17:00:00 CET | Press release
LiveRamp (NYSE: RAMP) today unveiled the next generation of the /LiveRamp Data Collaboration Platform, which brings together solutions for the end-to-end marketing lifecycle onto a single platform. The unified offering introduces new capabilities such as a simplified user interface, composable technology for cross-cloud interoperability, and a partner marketplace where innovative third-party developers can build applications showcasing their trusted expertise. Built on a foundation of durable, authenticated technology designed to withstand signal loss, the /LiveRamp Data Collaboration Platform offers functionality to proactively address evolving privacy considerations while accelerating forward-looking data collaboration use cases. Gartner® findings show “Marketing has an outsized role in data and analytic activities across the enterprise, with 71% of marketing data and analytics teams responsible for owning at least one element of data strategy for their organization.” By bringing all
The Open Group Welcomes Shell as Its Latest Platinum Member28.2.2024 17:00:00 CET | Press release
The Open Group, the vendor-neutral technology standards organization, has today announced that Shell Information Technology International, Inc. has become a Platinum Member of the organization. Shell joins other industry-leading Platinum Members DXC Technology, Fujitsu, Huawei, IBM, Intel, and OpenText. Shell has been a Member of The Open Group since 1997, and has contributed to its numerous Forums which enable collaboration to develop open technology standards and certifications. The company played a critical role in the foundation of The Open Group OSDU® Forum that facilitates the development of transformational technology for the world’s changing Energy needs, and donated important intellectual property that formed the basis of the OSDU Data Platform. Shell also contributed to the inception of The Open Group Open Footprint™ Forum that focuses on creating an environmental footprint data model standard applicable to all industries. The Open Group is a global consortium that enables th