
Manufacturing roundup: Alcami acquired by capital groups; Wheeler Bio starts on new manufacturing site in Oklahoma
Two investment groups have come together to purchase the CDMO Alcami.
Global Healthcare Opportunities, otherwise known as GHO Capital, and The Vistra Group joined to acquire a controlling interest in the Alcami Corporation from funds associated with two other investment groups, Ampersand Capital Partners and Madison Dearborn Partners. The financial details of the deal were not disclosed to Endpoints News.
Mike Mortimer, the managing partner and founder of GHO Capital, said in an email to Endpoints, that the company has extensive experience in the CDMO field and has been watching Alcami’s growth.
Mortimer said in the email:
We’ve built up a very strong relationship with the Alcami management team during this time and with our deep healthcare market expertise and reputation for supporting companies to expand their capabilities and geographic reach. Alcami represents a unique opportunity to acquire a rapidly growing CDMO with complementary capabilities in attractive markets. GHO Capital has the expertise and knowledge to help the Company further progress its compelling international growth plans.
The deal is expected to close at the end of the year, with GHO Capital and The Vistria Group netting a 50/50 controlling interest in Alcami from funds affiliated with MDP and Ampersand. Ampersand and Alcami plan to reinvest equity as part of the acquisition.
Alcami has also previously invested over $140 million in “capital expenditure” to add manufacturing lines and lab spaces to support its programs in biologics and small molecules.
Wheeler Bio kicks off construction on a manufacturing facility in Downtown Oklahoma City
The CDMO Wheeler Bio has embarked on a new construction project in Oklahoma.
The project will be a 35,000-square-foot drug substance manufacturing facility aimed at making materials for clinical trials. The site will be in the Ziggurat building in downtown Oklahoma City and will be a part of the city’s biotech hub. The site will include production suites, a quality control lab, offices and a warehousing space.
Jesse McCool, the CEO of Wheeler Bio, said in a statement about Wheeler’s first GMP manufacturing in Oklahoma City: “The caliber of collaboration so far among stakeholders, including Wheeler, CRB, and Lingo has been truly impressive, resulting in a detailed design that is a perfect reflection of our vision of an agile, phase appropriate, ‘smart factory’.”
Illumina opens new solutions center in Dubai
While Dubai may be known as more of a tourist destination, one company is trying to bring a broader biotech presence to the city.
DNA sequencing company Illumina has launched a new solutions center in Dubai in the United Arab Emirates.
The company established a 9,100-square-foot center with a laboratory with a wide range of sequencing and array technologies as well as engineers to offer genomics capabilities to the region. The center will also provide training and education to increase local access to genomics technology and applications
Susan Tousi, a chief commercial officer of Illumina, said in a statement:
Illumina opened its UAE-based Solutions Center because we see tremendous opportunity to deepen our already strong relationships with the country’s health and technology ministries, as well as with science and health care professionals in the region. With a dedicated team representing the entire Illumina ecosystem, we are providing more value to our channel partners and customers in the region. We are grateful to the UAE government for supporting this and we’re honored to partner with the country on its journey towards the era of the genome.
Cell and gene therapy CDMO cuts the ribbon on another New Jersey manufacturing site
BioCentriq, a New Jersey-based cell and gene manufacturer, has opened a new manufacturing facility at the Princeton Corporate Plaza in South Brunswick, NJ.
According to the company, the addition of two clean rooms and other infrastructure will help open more production capacity for BioCentriq as well as provide more room at its other site in Newark, NJ. The new site will also be able to support autologous and allogeneic cell therapy manufacturing projects.
The company is also planning to expand the site next year with more manufacturing suites, supporting labs and other infrastructure.
Haro Hartounian, CEO of BioCentriq, said in a statement that the additional GMP manufacturing is key to BioCentriq’s expansion plan, adding “with this added capacity, BioCentriq can take on more projects to help biotech companies bring their products from bench to market.”