
UK upstart raises $100M in bid to digitize and standardize cell and gene therapy manufacturing

There’s a giant need for cell and gene therapy manufacturing options going forward, as companies move to invest massively into that space. Ori Biotech is the latest, as the UK-based biotech announced it has secured more than $100 million in its oversubscribed Series B funding round Tuesday.
Novalis LifeSciences led the round. The Boston-based company is led by chairman Marijn Dekkers and partner Paul Meister, who built Thermo Fisher Scientific. Dekkers went on to become the CEO of Bayer, and is currently also the chairman at Ginkgo Bioworks.
In a statement, Meister said:
We view Ori Biotech as the best-in-class solution to solve many of the significant challenges now facing CGT researchers and developers. We think Ori is well positioned, and are pleased to partner with their industry leading management team.
Puhua Capital and Chimera Abu Dhabi came in as new investors, with existing investors Amadeus Capital, Delin Ventures, Northpond Ventures and Octopus Ventures contributing $30 million.

One result of the investment is a hiring spree. The company is looking 12 to 18 months out at its first commercial launch in 2023, Ori CEO Jason Foster said, and the majority of the funds will go toward building out its quality system, supply chain and manufacturing. It’s also launching its Lightspeed Early Access Program, which allows partners to gain pre-launch access to the platform this year.
“The manufacturing bottleneck has been how do we translate these almost academic processes on steroids to a commercial scale manufacturing process so we can treat thousands or 10s of thousands of patients. Thus far, we’re struggling to treat even 10s or hundreds of patients,” Foster said in an interview with Endpoints News. “Those processes haven’t been able to scale. What we’re trying to do is automate when we can. Our process is to shrink the footprint.”
Ori is trying to automate, digitize and standardize the manufacturing of cell and gene therapies. By focusing on the manufacturing process early on in preclinical trials, the team hopes to eliminate the issues that come along with trying to scale.
“It takes a different set of skills to develop a product and make it commercially successful,” Foster said. “We’re really looking forward to the first clinical application of the technology. Obviously, we’re all here to help patients, and so the sooner we can get it into the clinical trials and demonstrate that we can improve quality, hopefully, decrease cost of goods substantially and increase throughput, that’ll bring us much closer to bringing these products widely available for patients.”
Ori has landed another three biotech and CDMO partners. UK-based Achilles Therapeutics and Minaris Regenerative Medicine in New Jersey have already signed on to work with them, and Foster said that some other early-access partnerships will be announced in the beginning of this year as well, though he stayed mum on just who those partners might be.
Across the world, there are concerns about a commercial-scale manufacturing shortage for cell and gene therapy. While a ton of money has been pumped into expansion projects in the last two years, it takes about a year, sometimes two, for those projects to become operational.
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