AGC Inc.(AGC), a world-leading manufacturer of glass, chemicals and high-tech materials, has announced that AGC Biologics (Headquarters: US), a CDMO*1 subsidiary of the company, has been contracted by Switzerland-based Molecular Partners AG for the manufacture of 'MP0420', a drug candidate for COVID-19 treatment.

MP0420 is Molecular Partners AG's multi-specific DARPin®anti-COVID-19 program*2, which it plans to initiate clinical studies in the second half of 2020. Production will begin with 100- and 1000-liter scales, which is suitable for development and initial global supply for patients in need.

AGC Biologics has manufacturing sites in Japan, the US, and Europe, from which it provides a wide variety of high value-added services that range from process development to upscaling, clinical trials, and commercial drug manufacturing. The company has been selected as a manufacturing partner for this new therapeutic drug candidate for COVID-19 in recognition of its decades-long successful track record as a CDMO as well as the company's high-level quality and service advantages that are globally consistent.

The AGC Group is committed to helping prevent the spread of COVID-19 and end this pandemic by playing its role in the manufacture of COVID-19 vaccines and drugs for pharmaceutical companies.

REFERENCE

■ About Molecular Partners AG Molecular Partners AG is a clinical-stage biotech developing a new class of custom-built proteins known as DARPin® therapeutics, designed to address challenges current modalities cannot. The company has compounds in various stages of clinical and preclinical development with a focus on oncology. The company has formed partnerships with leading pharmaceutical companies to advance DARPin® therapeutics across multiple therapeutic areas. Visit the URL below for more details. URL: Email:Seth.Lewis@molecularpartners.com

Notes:
*1 CDMO: Contract Development & Manufacturing Organization. A company which is contracted or acts on behalf of another company to handle product manufacturing as well as the development of manufacturing methods.

*2 DARPin® anti-COVID-19 program: a unique tri-specific approach binding to the spike proteins on the surface of COVID-19. Based upon preliminary potency data, a subcutaneous administration of MP0420 could function as both a therapeutic for existing viral infection and as a potential preventive therapy.

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AGC - Asahi Glass Co. Ltd. published this content on 20 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 July 2020 02:05:06 UTC