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Markets :: Fine Chemicals/Biotech :: Pharmaceutical ingredients

Fine Chemicals Weekly News Round-up, April 12

4:41 AM MDT | April 12, 2012 | Alex Scott

Lonza this week disclosed that it has signed a contract to supply biotech firm Agennix (Heidelberg, Germany) with commercial quantities of Agennix's talactoferrin trial biopharma drug for treating lung cancer. The interesting fact here is that Lonza is the second European supplier. The primary supplier for the drug, which is in phase III trials, is DSM. Despite the low cost opportunities at hand to outsource production to China or India (or indeed other parts of Asia) Agennix is obviously keen to keep production close at hand in Europe. Lonza will be...

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