News in brief
BioDuro teams up with API developer Porton
Previously Porton Fine Chemicals, the newly renamed company operates three process technology centers and three manufacturing sites in China.
Under the cooperation agreement, BioDuro will promote and market Porton's custom active pharmaceutical ingredient (API) and cGMP manufacturing services.
In turn, Porton will incorporate BioDuro's technologies and resources in drug discovery, as well as its formulations development and clinical trial materials (CTMs) manufacturing capabilities, into its solutions suite.
Cyrus K. Mirsaidi, BioDuro president and CEO, said the partnership expands the company’s reach to provide fully integrated API and drug product development and manufacturing solutions.
"Porton's global footprint and proven track record with many of the world's leading pharmaceutical companies will provide substantiated channels for timely and reliable delivery of high value therapeutics, using innovative and cost effective manufacturing routes, backed by high-quality assets in Asia and North America," he said in a press release.