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Top Stories                                                                                                                                                                    Pharmaceuticals


       ENHANCED CUSTOMER SUPPORT                                                                                     PHARMA INDUSTRY SERVICES

       Mitsui Chemicals opens coating technical centre                                                               Shilpa Medicare expands CDMO offerings with new

       in Gurugram                                                                                                   full-service hybrid model

          Japan’s Mitsui Chemicals Inc. has                                                                             Karnataka-based Shilpa Medicare
       announced that its subsidiary Mitsui                                                                          has launched its new full service
       Chemicals  India Pvt. Ltd. has opened                                                                         ‘hybrid’ CDMO (Contract Development
       a Coating  Technical Centre (CTC) in                                                                          and Manufacturing Organisation),
       Gurugram, Haryana.                                                                                            expanding capabilities to serve  both
                                                                                                                     small and large molecules customers as
          The centre is expected to improve                                                                          well as peptides.
       technical support  capabilities in  the
       company’s  coatings and engineering                                                                              The announcement was made at the
       materials business.                                                                                           DCAT 2025, held in New York, USA
                                         ing machines capable of handling all  customers on  getting the most out of   from  March  17-20.  This  networking
          Against the backdrop of mounting  kinds of coating methods – including  Mitsui Chemicals’ products,” the com-  platform for industry leaders from the
       concern  about  environmental problems  gravure, reverse gravure and air knife –  pany stated.                pharmaceutical and  biotechnology  in-
       and the tightening of government regula-  along with analysers. “This will                                    dustries is hosted annually by the Drug,
       tions, India is seeing growing demand for  allow customers’ issues to be quickly   By  continuing to enhance the   Chemical  & Associated  Technologies
       sustainable packaging, the company said  resolved in India rather than having to  CTC’s  capabilities, develop new  pro-  Association (DCAT).
       in a press note. “The CTC has been esta-  send products to Japan for testing and  ducts and establish research centres,
       blished to serve as a base for providing  evaluation,  as had been the case pre-  Mitsui Chemicals is planning  to fur-  In addition  to offering compre-
       technical support, with plans to swiftly  viously. In addition, the CTC will help  ther bolster its presence in India. This   hensive discovery, clinical,  and com-
       and precisely meet the needs of custo-  support customers  in developing pro-  is also expected to boost its ability to   mercial outsourcing services,  Shilpa’s
       mers in the Indian market,” it added.  ducts by undertaking R&D focused on  provide technical support to neighbour-  ‘hybrid CDMO model’ also includes
                                         the latest coating technologies, as well  ing regions  such  as  the Middle East   commercially ready  ‘off-the-shelf’  bring commercial products to market.  mulation technologies such as liquid-
          The facility is equipped with coat-  as  by providing technical  guidance  to  and Africa.                 novel formulations  for  exclusive B2B  On the one hand, they can leverage our  lyophilisation,  nano liposomes, and
                                                                                                                     licensing.  This dual approach enables  development teams, cutting-edge tech-  microfl uidisation.
       ACQUISITION
                                                                                                                     pharmaceutical companies  to  leverage  nologies, and world-class facilities in a
       Blackstone offers $1.2-bn for Akzo Nobel India’s paint                                                        Shilpa’s expertise in oncology without  traditional CDMO partnership. On the  Development and commercial deal
                                                                                                                     the  direct  risks and lengthy  timelines  other, we have a pipeline of fully deve-  with Swiss fi rm
       business                                                                                                      associated  with  development,  the  loped products that  are available  for   In another development, Shilpa
                                                                                                                     company said in a press note.     exclusive  licensing, eliminating deve-  Medicare  said its fully owned subsi-
          Blackstone, world’s biggest alterna-                            and International Research Centre from                                       lopment risks for our partners. However,  diary, Shilpa Biologicals, has inked an
       tive asset manager, has reportedly made                            AkzoNobel India.  Apart from Black-           The CDMO currently has multiple  we remain strictly a B2B-only company,  exclusive co-development and commer-
       an acquisition offer for decorative                                stone, Pidilite and JSW Group are also     assets in its pipeline  and three late-  ensuring we never compete with our  cialisation partnership with Swiss
       paints business of AkzoNobel India, a                              in the fray for the  pain  business, the   stage products available for licencing.  clients.”                  biotech  fi rm,  mAbTree  Biologics  AG,
       Business Standard report said. Accord-                             report added. In case AkzoNobel NV         Through this model, pharma companies                                for the latter’s its novel biologic asset
       ing to the report, it is a non-binding                             accepts Blackstone’s  offer,  the asset    can expedite their market entry by  Wide-ranging capabilities       (a checkpoint inhibitor) for immuno-
       offer with the paint business being                                manager will commence all the neces-       licensing fully developed products   Shilpa Medicare operates fi ve R&D  oncological applications.
       valued at somewhere around $1.2-bn.                                sary reports and make the fi nal offer.     while  still  benefi ting  from  Shilpa’s  deve-  centres and six manufacturing facilities.
                                                                                                                     lopment and manufacturing capabilities.  These include two dedicated drug sub-  Under the terms of the deal, Shilpa
          The development comes days after                                   In the last analyst call, AkzoNobel                                       stance plants, three drug product plants,  Biologicals will support both develop-
       Blackstone revealed its strategy to go                             NV management had expressed interest          Commenting  on the  business re-  and  advanced platform technologies  ment –  including clinical studies  –  as
       big in terms of investments  in India.                             in selling its paint business by the end   alignment and hybrid model, Mr. Vishnu-  for  high-potency  compounds  (OEB  5),  well  as long-term  commercial  supply
       The fi rm is eyeing over $100-bn invest-  AkzoNobel NV currently  owns  of this year.  The company  is likely   kant Bhutada,  Managing Director  of  ADCs, peptides, and  polymers.  The  with  GMP  manufacturing. Addition-
       ments in the country with focus on  74.76 per cent in the Indian entity, and  to  keep  10  percent  stake  in  the  paint   Shilpa Medicare, said, “Our goal is to  total API reactor volume exceeds 800-  ally, Shilpa will provide mAbTree
       sectors such as healthcare,  consumer  the Dutch parent recently said it is ac-  business after the sale, the management   offer pharmaceutical and biotech cus-  KL, with two separate commercial drug  access to India and several global markets
       retail among other things.        quiring the powder coating operations  had said.                            tomers  multiple  fl exible  pathways  to  product lines featuring advanced  for-  through its partner network.


       144                                                                    Chemical Weekly  March 25, 2025        Chemical Weekly  March 25, 2025                                                                 145


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