On September 24, 2021 Chime Biologics, a leading CDMO that enables biologics therapeutic development, reported a strategic cooperation agreement with Hangzhou Sumgen Biotechnology Co., Ltd, an innovation-driven biopharmaceutical company dedicated to the development and commercialization of antibodies for cancer and other life-threatening malignancies major diseases, regarding its Bispecific Antibody Project (SG12473) (Press release, Sumgen Biotech, SEP 24, 2021, View Source [SID1234656282]).
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!
According to the agreement, Chime Biologics will provide technology transfer and scale-up manufacturing, process characterization, process validation and BLA for Sumgen Biotech’s first bispecific antibody project (SG12473). Sumgen Biotech will make the most of Chime’s expertise in manufacturing commercial batches of cGMP 2000L drug substances, late-stage CMC development and BLA to accelerate the development of SG12473.
Dr. Miao Shiwei, Co-Founder and Senior Vice President of Sumgen Biotech, Dr. Zeng Xianfang, CEO of Chime Biologics, and other representatives of both parties attended the signing ceremony.
Dr. Miao Shiwei from Sumgen Biotech, stated that "As SG12473 is the first bispecific antibody of Sumgen Biotech in the clinical stage, we are very excited to make a strategic partnership with Chime Biologics on such an important project. The philosophy of Chime Biologics that to make biologics meeting international standards accessible to all patients worldwide through technological and manufacturing innovation coincides with that of Sumgen Biotech. That’s why we are sure that the professional technology transfer and BLA experience of Chime Biologics will fuel the smooth marketing of the drug in an efficient and accelerated manner."
Dr. Zeng Xianfang from Chime Biologics said, "We are very happy to enter into such an important collaboration with Sumgen Biotech, a highly innovative company. To date, we have completed over 30 CDMO projects with zero failure and have supplied drug substances and clinical trial samples to over 20 countries. With a proven track record in terms of quality management, GMP compliance, bioprocess expertise and cost-effectiveness, we will make every effort to support Sumgen Biotech to promote this project. And we wish this important product an earlier marketing."