Lonza and Sanofi to Install Novel Biologics Production Facility
Sanofi S.A and Lonza, the France and Swiss multinational company, to
enter into a strategic alliance to introduce a mammalian cell culture facility
in Switzerland
Switzerland:
French multinational pharmaceutical company, Sanofi is going to establish a 50-50
joint venture in collaboration with Lonza Group, with an initial investment
worth USD285 million. The joint venture is a large-scale mammalian cell culture
facility, that would be established in Visp, Switzerland. The construction of
the facility would begin in 2017 and is expected to become operational by 2020.
This joint venture is devoted to deliver eminent therapeutic monoclonal
antibodies to the patients with a combination of biologics development pipeline
of Sanofi S.A., in addition to Lonza’s designing and construction expertise.
TechSci Research depicts that this strategic alliance among the two major companies
will cater to the surge in demand for biologic therapeutics. However, with this
merger, Lonza is expected to strengthen its business acumen, by catering to the
water treatment and other end use industries. This deal will further enhance
the market reach of the company and widen the scope of its wastewater treatment
business.
According
to the recently published report by TechSci
Research,
“Global
Water and Wastewater Treatment Chemicals Market
By Type (Corrosion Inhibitors, Scale Inhibitors, etc.), By Application
(Municipal Water Treatment, Power Generation, Oil & Gas, etc.) Competition
Forecast & Opportunities, 2011-2025”, global market for water and wastewater
treatment chemicals is projected to cross USD33 billion by 2025, on account of
increasing merger & acquisitions and expanding product portfolios of
companies. Robust pace of industrialization, especially across developing
countries coupled with growing focus on use of recycled water for non-drinking
applications across various end use industries is projected to augur well for
global water and wastewater treatment chemicals market in the coming years.
Moreover, coagulants and flocculants dominate demand for water and wastewater
treatment chemicals across the globe due to high effectiveness of these
chemicals.