Cohance to invest Rs 110 crore in new facilities in Hyderabad and New Jersey
Rs 87 crore) in expanding its cGMP bioconjugation capabilities at its US-based subsidiary, NJ Bio, and Rs 23 crore in its new cGMP oligonucleotide building block manufacturing facility in Hyderabad.
The new facility in Hyderabad, Cohance said, will enable it to take high-value chemistries like modified nucleosides and locked nucleic acids (LNA) from laboratory scale to full commercial manufacturing to fulfil the needs of innovators advancing oligonucleotide-based therapeutics.
The Hyderabad-based company mentioned that the Hyderabad plant, integrated with a pilot plant for early-stage synthesis and non-GMP scale-up, will add fit-for-purpose GMP capacity of up to 700 kg annually, with room for future expansion.
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The company said the US investment will significantly enhance its capabilities to deliver fully integrated antibody-drug conjugate (ADC) solutions. The strategic investment in Hyderabad will strengthen its integrated oligonucleotide platform and boost its prospects as a preferred partner for emerging modalities by enhancing its ability to support innovators from early development through late-phase clinical supply.
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The two investments are part of its planned capacity expansion programme across high-growth modalities, which would enhance its ability to serve global innovators from early development to commercial supply, the company said.
Cohance Lifesciences Executive Chairman Vivek Sharma said: "Oligonucleotides are a fast-emerging therapeutic class, and innovators are seeking integrated, cost-efficient partners with scalable GMP capacity. This facility is a high-impact strategic investment that complements our pilot and scale-up assets, positioning Cohance to deliver with speed, quality, and flexibility while expanding our role in next-generation therapeutics.
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