Page 145 - CW E-Magazine (25-3-2025)
P. 145

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


                                      Contents    Index to Advertisers    Index to Products Advertised
   140   141   142   143   144   145   146   147   148   149   150