Lonza and Bioqube Ventures Sign a Framework Agreement for the Future Development and Manufacture of Biologics and Small Molecules for Bioqube’s Portfolio Companies
- The five-year services agreement provides for the development and manufacturing of biologics and small molecules for portfolio companies of Bioqube Ventures
- The offering will accelerate timelines for the development and manufacturing of molecules and disruptive technologies,
- Lonza to support Bioqube Ventures with investment de-risking and providing development and manufacturing of drug substance and drug product services to their portfolio companies
Basel, Switzerland, 30 November 2021 – Bioqube Ventures, a European venture capital firm with a dual investment model including venture creation, and Lonza, a global development and manufacturing partner to the pharma, biotech and nutrition industries, today announced a framework agreement covering a strategic collaboration for the development and manufacturing of biologics and small molecules.
The agreement was developed to support the unique needs of the venture capital company (VC) and its portfolio companies looking to simplify the development of their molecules. Under the terms of the agreement, Lonza will support Bioqube Ventures during the due diligence of candidate biotechs and provide a tailored offering of advice and services to its portfolio companies.
Debora Dumont, Co-founder and Managing Partner, Bioqube Ventures, commented: “Bioqube is dedicated to advancing exciting science in the vibrant European ecosystems with the aim of developing breakthrough therapies for patients. This collaboration offers our portfolio companies the opportunity to leverage Lonza's expertise and its global network, supporting our hands-on approach in building new and successful ventures.”
The offering comprises Lonza's expertise and technology that accelerates timelines while mitigating risks of the development and manufacturing of molecules ranging from monoclonal antibodies, complex proteins, and small molecules to antibody-drug conjugates. The holistic approach to drug substance and drug product development and manufacturing across various platforms significantly simplifies the supply chain, reduces process complexity, and allows for a shortened development timelines.
Pnina Weitz, Global Head of Venture Capital Business Development & Relationship Management, Lonza, added: “This framework agreement provides Bioqube Ventures and its portfolio companies a range of services for its late discovery and early development needs. The cornerstone of our ability to successfully accelerate development programs and commercialize products is our proven track record, comprehensive resources and the global network that we bring to our customer's portfolio companies. Our customized and scalable solutions demonstrate our commitment to enabling emerging biotechs to take their drug candidates to the clinic.”