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Codexis and Arch Pharmalabs strike manufacturing and supply deal
Redwood City
Codexis, a privately-held biotechnology company, announced the signing of a
manufacturing and supply agreement with Arch Pharmalabs, a leading Indian generics
pharmaceutical company, for a generic pharmaceutical intermediate. Arch will
use a novel, cost-effective process developed using Codexis biocatalytic
technology platform to manufacture an undisclosed pharmaceutical compound.
The process uses Codexis proprietary Molecular Breeding molecular
evolution platform to produce pharmaceutical intermediates and active pharmaceutical
ingredients at significantly lower cost and with fewer by-products and impurities
than conventional methods. The process involves a biocatalytic system that is
specifically developed to function optimally for the synthesis of the pharmaceutical
intermediate.
Under terms of the agreement, Codexis has granted to Arch a non-exclusive license
to the Codexis proprietary biocatalytic system and will transfer the process
to Arch in exchange for upfront and milestone payments. Codexis will supply
Arch with the ThorougBred catalyst and Arch will manufacture the pharmaceutical
intermediate.
The partnership draws on Codexis expertise and track record, in applying
its proprietary technology to high-value pharmaceutical products. Codexis has
over a dozen partnerships with leading worldwide proprietary and generic pharmaceutical
manufacturers.
Alan Shaw, Ph.D., President and Chief Executive Officer of Codexis said, We
are pleased to add Arch to our network of manufacturing partners, allowing Codexis
to continue to focus on developing proprietary processes for high value products
and develop critical customer relationships. We look forward to working with
Arch, adding value to their manufacturing processes with proven, cost-effective
technology.
Ajit Kamath, Chairman and Managing Director of Arch added, This relationship
will help Arch gravitate towards manufacturing generic drugs using biocatalysts,
which will lead to cost competence and cleaner processes. In addition, the partnership
will help expand Archs position in the US market.
Arch Pharmalabs is a Mumbai headquartered, multilocational company, which specializes
in the manufacture of intermediates and active pharmaceuticals for the domestic
pharmaceutical industry.
Codexis is a privately held biosciences company applying proprietary protein
and strain engineering technologies to create novel process development solutions
for efficient, cost-effective and environmentally friendly pharmaceutical manufacturing.
Application of the Codexis technology can also generate new intellectual property
opportunities for pharmaceutical manufacturers, which may extend a product lifecycle.
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