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BioPharm April eBook: Outsourcing Resources 2019

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www.biopharminternational.com April 2019 BioPharm International eBook 27 Outsourcing Resources Business Developments Monster Ztudio - stock.adobe.com Outsourcing Expansions and Collaborations CMOs and CDMOs continue to expand their offerings and services in the biologics arena. I n early 2019, contract manufacturing organizations (CMOs) and contract development and manufactur- ing organizations (CDMOs) announced investments in services and facilities, collaborations, and acquisitions. The following highlights some of the latest CMO and CDMO news. ACQUISITIONS CMOs and CDMOs made steps to grow their businesses with acquisitions in the early part of 2019. Some of the more noteworthy acquisitions include the following. Thermo Fisher Scientific Inc. took a major step into the viral vector manufacturing arena with the announced purchase of Brammer Bio, a viral vector CDMO, with 600 employees and locations in Massachusetts and Florida. The purchase agreement, announced in a March 24, 2019 press statement, is for approximately $1.7 billion in cash. Brammer Bio will become part of Thermo Fisher's pharma services business, which includes Patheon and Fisher Clinical Services (1). "Brammer Bio will be an exciting addition to our pharma services business and will further strengthen Thermo Fisher's leadership in serving pharma and bio- tech customers," said Marc N. Casper, president and chief executive officer of Thermo Fisher Scientific in the state- ment. "Gene therapy is an area of increasing focus for our customers and is fast-evolving given its potential to treat a range of genetic disorders. The combination of Brammer SUSAN HAIGNEY

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