医療従事者の為の最新医療ニュースや様々な情報・ツールを提供する医療総合サイト

Prestige BioPharma Enters MOU with Busan City for Establishment of its R&D Centre in Busan, South Korea

2021年05月18日 PM05:21
このエントリーをはてなブックマークに追加


 

SINGAPORE

Prestige BioPharma Limited (PBP) and Busan City Government today announced that the two organisations have entered into a memorandum of understanding (MOU) for the establishment of Research and Development (R&D) centre in Busan, South Korea. The signing of this MOU is meaningful for Busan City to have its first local bio-pharmaceutical R&D centre.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210518005477/en/

Prestige BioPharma Innovative Discovery Centre (IDC) in Busan, South Korea (Photo: Business Wire)

Prestige BioPharma Innovative Discovery Centre (IDC) in Busan, South Korea (Photo: Business Wire)

The signing ceremony was held at Busan City hall in Busan, South Korea. Those attending included Mayor of Busan City Hyeong-joon Park, Vice President of Korea Land & Housing Corporation Choong-mo Jang, Group Chairman and CEO of PBP Group Lisa Soyeon Park, Group Vice Chairman and COO of PBP Group Michael Jinwoo Kim, Director of Alliance Management Chris Davie and CEO of PBP Korea Lai Wat Tay.

PBP is on target to build a global-scale R&D centre with a total area of approximately 45,000 square meters and will be investing US$152 million, including hiring 209 of PhD and highly qualified R&D personnel, for the next five years.

Through this MOU, PBP and Busan City will cooperate in creating a bio-cluster that supports a local economy and drives mutual growth in academia and industry. The fifty percent of its R&D resources will be sourced from local universities and community.

PBP is the first Singapore-based company to be listed on the Korea Composite Stock Price Index (KOSPI). The first pipeline of PBP, Herceptin® biosimilar has successfully completed its Phase III clinical trial and is currently under EMA review. PBP’s pipeline also includes its proprietary First-in-Class antibody for pancreatic cancer targeting PAUF, PBP1510, and it has been designated as an Orphan Drug by FDA, EMA and Korean MFDS (Ministry of Food and Drug Safety). The company has recently expanded its business to vaccine development and production and participated in a consortium in the production of Russia’s Sputnik V COVID-19 vaccine as the Drug Substance (DS) manufacturing organisation.

Lisa S. Park, CEO of Prestige BioPharma, commented: “We are very pleased to enter into an MOU with the international city, Busan. With this partnership and the global-scale R&D centre, Prestige BioPharma will be able to accelerate the development of innovative antibody drugs and at the same time contribute to the growing global demands of vaccines in response to COVID-19 and potential future pandemics. We strongly believe that this Busan R&D centre will be a landmark of Busan City and will boost the local economy.”

Hyeong-joon Park, Mayor of Busan City, commented: “Busan City is very excited to work with a global leading bio-pharmaceutical company, Prestige BioPharma, and hopefully this novel partnership will lead a local bio-industry’s growth and promote establishment of bio-ventures.”

View source version on businesswire.com: https://www.businesswire.com/news/home/20210518005477/en/

CONTACT

Media enquiries:

Global Communication Team

Prestige BioPharma Ltd.

www.prestigebiopharma.com

Yujin Suh

Tel: +65-6924-6535

info@pbpsg.com

yujin.suh@pbpsg.com

Related Posts Plugin for WordPress, Blogger...

同じカテゴリーの記事 

  • 亚马逊与美国国家安全委员会携手开展业界首创合作项目,以解决美国常见的工伤问题
  • Aragen Announce Multi-Year Partnership With FMC Corporation, Aims at Accelerating Agro-Chemical Pipeline
  • 片肺換気中の高酸素血症介在疾患の罹患率にORiを指針とする酸素需要評価が及ぼす影響についての新研究
  • セルトリオン、抗COVID-19モノクローナル抗体治療剤「Regdanvimab(CT-P59)」の グローバル第3相臨床試験結果を発表
  • 沃特世推出SELECT SERIES MRT多反射飞行时间质谱平台,树立高分辨质谱性能新标杆