US rare disease drug specialist Genzyme (Nasdaq: GENZ), the subject of a hostile takeover offer from France’s Sanofi-Aventis, says that it will build an additional manufacturing plant in Geel, Belgium, to support the long-term growth of Myozyme (alglucosidase alfa) and Lumizyme (alglucosidase alfa) for Pompe disease.
The company held a ceremony yesterday in Geel to mark the start of construction of the new 250 million-euro ($334 million) plant, which will include 8,000 liters of production capacity, a complete purification installation, and ample room for additional future capacity expansions. Commercial approvals for the new site are expected to start late 2014.
Genzyme is struggling to recover from a manufacturing crisis that led to shortages of two key drugs: Cerezyme (imiglucerase for injection) for Gaucher disease; and Fabrazyme (agalsidase beta) for Fabry disease. The company also signed a consent decree with the Food and Drug Administration agreeing to correct manufacturing quality violations at its Allston, Massachusetts, manufacturing facility and to turn over to the federal government $175 million in “unlawful profits” from the sale of products that were made at the plant (The Pharma Letters passim).
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze