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Article Excerpt
- Partnership Expected to Expand Customer Base for Both Companies While Providing High-Yield Biologic Production Capabilities to Avid Clients -
TUSTIN, Calif., Sept. 21 /PRNewswire/ -- Avid Bioservices, Inc., a leading provider of cGMP contract manufacturing of biologics and other key services, and Boehringer Ingelheim, a global leader in biopharmaceutical development and manufacturing, today announced that the two companies have entered into a global strategic production alliance agreement. Under the terms of the non-exclusive agreement, Avid will become an approved member of Boehringer Ingelheim's global Production Alliance Network PAN Biologics(TM).
"With its location on the West Coast of the U.S. and a reputation for quality and innovation, Avid Bioservices is well positioned to play an important role as a strategic partner in our global Production Alliance Network," said Professor Dr. Rolf G. Werner, senior vice president of Boehringer Ingelheim's Corporate Division Biopharmaceuticals. "The Network complements our worldwide strategic manufacturing capabilities with strong regional partners providing process development and clinical supply manufacturing capacity and expertise. We believe this partnership benefits both our partners and our customers, and we look...
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