Celltrion launches CDMO business at BIO International conference

5 June 2018

South Korea’s Celltrion (KRX: 068270) is setting up a new contract development and manufacturing organization, dubbed Bio CDMO.

Announcing the launch at the BIO International Convention in Boston, USA, the Incheon-based firm says it aims to collaborate with research institutes and other biotech firms with promising candidates to support development and commercialization efforts.

Celltrion is looking to move past manufacturing hitches at its Korean facility, after the US Food and Drug Administration delivered a Complete Response Letter related to two key proposed biosimilars, CT-P10, referencing Rituxan (rituximab), and CT-P6, referencing Herceptin (trastuzumab).

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