Boston Institute of Biotechnology, LLC’s Post

Did you know? BIB can build out a custom facility for you with our patented, revolutionary PanFlex engineering! Unlike conventional methods, PanFlex-Engineering adopts a bottom-up approach, building facilities based on clients' needs, increasing usage, and reducing costs. Learn more about our groundbreaking collaboration with 89bio to manufacture pegozafermin, addressing unmet medical needs in metabolic dysfunction-associated steatohepatitis (MASH). Our partnership exemplifies innovation, efficiency, and transformative business in the biotech industry. About: Boston Institute of Biotechnology, LLC (BIB) has recently entered into a groundbreaking collaboration agreement with 89bio (NASDAQ: ETNB) to construct a state-of-the-art production facility for the manufacturing of pegozafermin, a potential treatment for metabolic dysfunction-associated steatohepatitis (MASH). Under the terms of the agreement, BIB's sister company, BiBo Biopharma Engineering, will spearhead the construction of the production facility. This facility will be specifically designed to supply 89bio with pegozafermin for commercialization, pending approval. Key Achievements and Impact: The collaboration represents a transformative business partnership between BIB and 89bio, aiming to address the unmet medical needs of patients suffering from MASH. By leveraging BIB's extensive experience in contract manufacturing and engineering expertise, the deal enables the establishment of a cutting-edge production facility dedicated to pegozafermin. The construction of the facility aligns with 89bio's strategic vision to secure manufacturing capacity to meet commercial demand for pegozafermin, based on promising mid-stage study results. Summary: This transformative partnership not only showcases BIB's expertise in CMC services but also highlights its pivotal role in advancing innovative therapies for complex diseases. https://lnkd.in/eA62cPqd #Biotech #Innovation #PanFlex #Collaboration #BIB #89bio

89bio’s $135M Deal with BiBo Biopharma for Pegozafermin Production - PharmaSource

89bio’s $135M Deal with BiBo Biopharma for Pegozafermin Production - PharmaSource

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