On March 8, 2022 Flow Eighteen38, a protein sciences division created to facilitate and accelerate antibody characterization and protein purification projects, reported a €5 million EUR (c.$5.58 million USD) investment into its protein production and biophysical characterization capabilities and services from its parent company, FairJourney Biologics S.A. (FJB), leaders in the discovery and optimization of antibodies (Press release, FairJourney Biologics, MAR 8, 2022, View Source [SID1234609739]).
Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:
Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing
Schedule Your 30 min Free Demo!
The investment will be used to develop a dedicated, fit-for-purpose laboratory, designed to host a range of new and bespoke, state-of-the-art equipment to double protein purification capacity. The new facilities will accommodate over 15 high-end Fast Protein Liquid Chromatography systems (ÄKTAs), all individually optimized to scale-up custom production as well as support unique partner requirements and fast track standard productions.
The investment will also streamline Quality Control with the purchase of high throughput, high precision equipment, including the LabChip GX Touch for CE-SDS, the Thermo Scientific Vanquish UHPLC, the FDA-licensed Endosafe nexgen-MCS for endotoxin testing and two BioAccord LC-MS Systems for biopharmaceuticals analysis. Additionally, the funding will drive further recruitment to service the increased demand for production and characterization services, as well as Flow Eighteen38’s cold storage and logistics solutions, and continued supply of quality antibody reagents that comply with new EU recommendations.
António Parada, CEO of FairJourney Biologics commented: "This investment is further commitment to our partners to ensure we remain on the cutting-edge of protein production and biophysical solutions and to continue to deliver quality results our diverse portfolio of partners have come to know and expect."
Teresa Barata, Head of Protein Science Division at Flow Eighteen38 commented: "We are thrilled for this new stage of Flow Eighteen38. The new investment will enable us to continue to support our clients at the various stages of the discovery process and extend it to pre-CMC stages, for faster and successful biotherapeutics development."