Catalent Agrees to Acquire Paragon Bioservices
The acquisition will provide expertise and capabilities in one of the most exciting areas of healthcare, while positioning Catalent for even greater long-term growth
Catalent Biologics and Paragon have reached a definitive agreement under which Catalent will acquire Paragon, a leading viral vector development and manufacturing partner in the rapidly expanding gene therapy market.
The strategic investment will expand Catalent’s extensive expertise and broad capabilities in protein development, manufacturing and supply with Paragon’s comprehensive development, manufacturing and analytical testing for gene therapies and next generation vaccines.
View video below to learn more about the agreement from Catalent Chair & CEO, John Chiminski:
Paragon has industry leading capabilities and the most extensive expertise in development and manufacturing of adeno-associated virus (AAV) vectors, the predominant delivery vehicles for the majority of gene therapies.
Paragon’s Baltimore, MD facility supports a strong pipeline of clinical stage gene therapies. Paragon has also recently opened a state-of-the-art viral vector manufacturing facility nearby to supply clinical and now commercial products to its growing base of customers advancing from development to approval, with additional expansion underway.
Paragon’s capabilities include:
- Process development, analytical development and process characterization
- Drug substance/product manufacturing and fill/finish
- Expertise in all AAV production platforms across all clinically-relevant serotypes
- Triple Transfection, Baculovirus, and HSV-based expression
- Adherent and suspension production systems
Once combined, Catalent Biologics will provide even broader ‘end-to-end’ integrated solutions for biologics, with enhanced ability to help more companies develop better treatments faster and supply them to patients around the world.
To learn more about this exciting combination, visit us at BIO International June 3-6 in Philadelphia, PA. Ask about our “reaching new heights together” customer reception during BIO.