Cobrabio and ViroMed Join Together for R&D Biomanufacturing

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Cobra Biomanufacturing Plc (Keele, UK), a manufacturer of biopharmaceuticals, has extended its manufacturing agreement and intends to form a joint venture with ViroMed Co. Ltd. (Seoul, Korea), a specialist in the development of DNA and protein-based therapeutics.

Cobra Biomanufacturing Plc (Keele, UK), a manufacturer of biopharmaceuticals, has extended its manufacturing agreement and intends to form a joint venture with ViroMed Co. Ltd. (Seoul, Korea), a specialist in the development of DNA and protein-based therapeutics.

The extended collaboration includes a long-term research, development, and technical consultancy agreement for all ViroMed products. The agreement will provide ViroMed with guaranteed process development and manufacturing resources.

Additionally, the companies have signed a memorandum of understanding to explore the potential of establishing a joint venture (JV) commercial-scale biomanufacturing company that would enable the JV company to manufacture ViroMed products for commercial supply, at the JV’s new facilities.

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These agreements extend the manufacturing collaboration announced in June 2008, under which Cobrabio will manufacture ViroMed’s plasmid DNA therapeutic, VM206RY, for the treatment of tumors expressing Her2/neu.

Cobrabio release