Issue Date: July 30, 2012
Novasep To Expand Highly Potent Drugs
Novasep will expand its highly potent active pharmaceutical ingredient plant in Le Mans, France. The company says the nearly $4 million project will help it meet increased demand for antibody-drug conjugates and other highly potent anticancer agents. It will include toxin and monoclonal antibody production, antibody-toxin coupling, downstream processing, and formulation. In the new facility, due to begin operation early next year, Novasep will be able to perform cryogenic chemistry at −60 °C as well as large-scale chromatography and drying in confined areas. Earlier this year, Novasep completed a refinancing after a spate of acquisitions that had left it with more than $500 million in debt.
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