Vetter and Rentschler Biopharma further strengthen their strategic alliance

The alliance would result in the alignment of manufacturing approaches that enable clients to bring their products to patients more easily and faster.

Rentschler Biopharma and Vetter, two globally operating Contract Development and Manufacturing Organizations (CDMOs), announced today that their strategic collaboration has taken key steps forward. The companies have further strengthened the established framework for their alliance and set up a governance structure, as well as implemented guidelines for their joint approach across functions. In parallel to starting their first joint client projects, they are also working closely on existing projects and related topics.

The collaboration was initiated in mid-2020, with the intent to create long-term value through the alignment of manufacturing approaches that enable clients to bring their products to patients more easily and faster. Together, the two CDMOs are mutually enhancing their services by offering complementary skills and experience along the biopharmaceutical value chain. Today’s announcement marks a milestone in the development of this important collaboration.

The established framework consists of an overall collaboration agreement that regulates the intended contributions of both parties to ultimately generate added value for clients and patients around the world. Further operational agreements and guidelines between various departments including Quality, Development Service and Logistics have been implemented. These cover key standards for joint approaches as well as core inputs and processes across both organizations to align interfaces and optimize services for the client’s convenience and long-term planning.

“The formation of the mutual agreements and alignment on a client approach were foundational steps that both Vetter and Rentschler Biopharma identified early in our exploration of this strategic alliance,” stated Vetter Managing Director Peter Soelkner. “We look forward to the new progress that this step will facilitate.”

The close alignment of departments also includes the companies’ global business development teams. The two organizations have now clearly defined the target markets for their collaboration, focusing on Europe, US and the Asia-Pacific, as well as emerging markets. The teams are working closely together to approach clients who may derive value from the complementary skills provided by both CDMOs. Vetter and Rentschler Biopharma have already successfully initiated their first joint client projects, and additional projects are in discussion.

“We are very interested to see how the experience gained in these initial projects will further enhance our strategic alliance,” noted Dr Frank Mathias, CEO of Rentschler Biopharma. “These client engagements will provide valuable insights for our teams to leverage in refining the alignment of our processes and approaches.”

As their collaboration matures, both companies will still independently address and service current and new clients while they pursue further cooperative integration of their services and expertise in today's rapidly evolving global healthcare environment. Both organizations remain committed to simplifying and accelerating the development of promising new therapies for patients with serious and rare diseases and will continue to pursue a range of strategic initiatives designed to support this goal globally.

Tags : #Vetter #Rentschler #StrategicAlliance #Manufacturing #DrFrankMathias

About the Author


Team Medicircle

Related Stories

Loading Please wait...

-Advertisements-




Trending Now

The Ethics of Live Surgery Broadcasts: NMC Seeks Public OpinionMay 17, 2024
Successful Removal of 3.7 KG Large Abdominal Tumor from 14-Year-Old Somalian Girl at KIMS Cuddles HospitalMay 16, 2024
iLEAD Sets a Precedent by Launching a Graphic Anthology Authored by Multimedia, Animation and Graphics Students May 16, 2024
Ramaiah Memorial Hospital Launches Novel Intra-Operative Radiation Therapy (IORT); Achieves significant advancement in Cancer Treatment to Enhance Quality of LifeMay 16, 2024
IIITH Announces Product Management Summer SchoolMay 16, 2024
Çelebi India's Delhi Cargo Terminal Successfully Handles Airbus H125 Helicopter ShipmentMay 16, 2024
Plant-Based Diets and Prostate Cancer: New UCSF Study Shows Promising ResultsMay 16, 2024
National Medical Commission Approves 112 New Medical CollegesMay 16, 2024
Study Suggests That Chemotherapy Results in Physical Decline for Older Women with Breast CancerMay 16, 2024
Google DeepMind's AlphaFold 3: Revolutionizing Drug Discovery with AIMay 16, 2024
Hester Biosciences Ltd reports Consolidated Revenue growth of 18% at Rs. 79.3 crore, EBITDA up 37% to Rs. 16.4 crore and Net Profit up 12% to Rs. 6.40 crore in Q4FY24May 16, 2024
Akshay Tritiya Parna Mahotsav heldMay 16, 2024
IT Minister Sridhar Babu to grace the 10th National Facilities Managers Summit-2024, to be held in the cityMay 15, 2024
Alarming Study Reveals Cancer-Causing Chemicals in Car InteriorsMay 15, 2024
India's Thalassemia Challenge: The Importance of Early Screening and TreatmentMay 15, 2024
The Dangers of Ultra-Processed Foods: A 30-Year Study Raises AlarmsMay 15, 2024
Unique Genetic Risk Factors for Breast Cancer Found in African Ancestry StudyMay 15, 2024
AsiaMedic partners with Sunway to establish new diagnostic imaging centreMay 14, 2024
Kamineni Doctors Successfully Remove Bone Stuck Near Heart in Elderly PatientMay 14, 2024
On International Nurses Day, American Oncology Institute (AOI) launches #TheExtraordinaryCareGiver Campaign as Tribute to Oncology NursesMay 14, 2024