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Lonza signs manufacturing agreement with GlaxoSmithKline and Genmab for Arzerra(TM)

Posted on: Tue, 10 Nov 2009 14:15:00 EST

Symbols: GSK, GNMBF, LZAGF

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Nov 10, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --
LZAGF | Quote | Chart | News | PowerRating -- Lonza Group, Ltd., a Switzerland-based supplier of pharmaceutical active ingredients to the pharmaceutical, healthcare, and life science industries, has signed an agreement with GlaxoSmithKline plc ( GSK | Quote | Chart | News | PowerRating) and Genmab A/S for the manufacturing of Arzerra(TM), a monoclonal antibody approved by the US Food and Drug Administration (FDA) for use in patients with chronic lymphocytic leukemia (CLL).

GSK is a UK-based pharmaceutical and healthcare company, while Genmab is a Denmark-based biotechnology company.

Under the terms of the agreement, Lonza will carryout a program of process development and cGMP manufacturing services for Arzerra. Lonza will supply Arzerra drug substance to GSK under the terms of a long-term supply agreement.

Deal Type    Partnership
Sub-Category Manufacturing,Supply
Deal Status  Announced: 2009-11-10

Deal Participants

Partner 1 (Company) GlaxoSmithKline plc
Partner 2 (Company) Genmab A/S
Partner 3 (Company) Lonza Group, Ltd.

For full details on GlaxoSmithKline (GSK) GSK. GlaxoSmithKline (GSK) has Short Term PowerRatings at TradingMarkets. Details on GlaxoSmithKline (GSK) Short Term PowerRatings is available at This Link.

For full details on (GNMBF) GNMBF. (GNMBF) has Short Term PowerRatings at TradingMarkets. Details on (GNMBF) Short Term PowerRatings is available at This Link.

For full details on (LZAGF) LZAGF. (LZAGF) has Short Term PowerRatings at TradingMarkets. Details on (LZAGF) Short Term PowerRatings is available at This Link.

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