Germfree, a leading innovator in modular cleanroom infrastructure
and services, and Orgenesis Inc. (Nasdaq: ORGS), a global leader in
decentralizing cell and gene therapies (CGTs), today announced an
asset purchase and strategic partnership aimed at advancing
Orgenesis’ therapeutic programs and its suite of product
development and GMP cell processing services. The collaboration’s
goal is to transform the production of cell and gene therapies,
making these vital treatments more affordable and accessible to
patients worldwide.
By combining Germfree’s expertise in designing, manufacturing,
and maintaining advanced manufacturing facility environments with
Orgenesis’ cutting-edge processes and analytical development
capabilities, the partnership seeks to significantly reduce the
production costs of cell and gene therapy products. The ultimate
goal is to enable broader adoption of life-saving treatments.
Vered Caplan, CEO of Orgenesis, stated, “Under the agreement,
Orgenesis and Germfree will join forces to co-market Orgenesis’
decentralized Octomera service platform, and its Octomera Mobile
Processing Units and Labs (OMPULs™) globally. The partnership marks
a significant milestone in the bio-manufacturing industry, as the
industry begins to pivot to the paradigm-shifting distributed
processing of cell and gene therapies (CGTs). Germfree will be
marketing, manufacturing, and servicing OMPULs as part of its
modular cleanroom fleet, enabling Orgenesis to focus on its
therapeutic pipeline with an emphasis on immuno-oncology. We are
delighted to work with Germfree to meet the growing demand for our
platform.”
Victor Miller, CFO of Orgenesis, remarked on the financial and
strategic significance of the partnership, stating, “This
collaboration significantly supports Orgenesis’ infrastructure
growth requirements while immediately providing a commercial
footprint that will significantly impact market expansion
opportunities for the partnership.”
Carol Houts, Chief Strategy Officer at Germfree, highlighted the
innovative potential of the partnership, “Our collaboration with
Orgenesis transcends traditional boundaries, setting a new standard
for the industry. By harnessing the power of digital workflows and
advanced quality management systems, we believe that we are not
just streamlining production but revolutionizing it. This
partnership is expected to foster innovation, particularly in how
we approach and execute cell and gene therapy manufacturing.
Moreover, our joint efforts with regulatory authorities worldwide
are expected to ensure that our advancements not only meet, but
exceed, global standards. The synergy between Germfree and
Orgenesis paves the way for a future where regulatory collaboration
and digital innovation ensure that life-saving therapies are
developed and delivered with high efficiency and quality.”
Kevin Kyle, CEO of Germfree, shared his insights on the
collaboration, “Our strategic partnership with Orgenesis is a
cornerstone in the continuation of our mission to advance
healthcare solutions globally. By integrating Germfree’s modular
cleanroom technology with Orgenesis’ innovative cell and gene
therapy programs, we are setting a new benchmark for efficiency and
accessibility in the treatment of life-threatening conditions. This
collaboration is not just about enhancing production capabilities;
it's about creating a paradigm shift in how cell therapies are
developed, produced, and delivered to those in dire need. Together,
we are building the foundation for a future where advanced medical
treatments are no longer a privilege, but a right, accessible to
everyone, everywhere.”
For more information about Germfree and Orgenesis and their
strategic partnership, please visit www.germfree.com and
www.orgenesis.com.
About Germfree
Germfree is a global leader in the design, manufacture, and
maintenance of modular cleanroom environments. With decades of
global expertise in serving the biopharmaceutical industry,
Germfree specializes in providing advanced solutions that enhance
the safety, efficiency, and sustainability of critical healthcare
manufacturing processes. Germfree is continuing to
invest in cleanroom design and manufacturing solutions and is
committed to providing innovative solutions, with the goal of
improving patient access to critical medicines. Germfree is backed
by the healthcare growth equity investor, EW Healthcare Partners.
www.germfree.com
About Orgenesis
Orgenesis is a global biotech company that has been committed to
unlocking the potential of cell and gene therapies (CGTs) since
2012 as well as a paradigm-shifting decentralized approach to
processing since 2020. This new model allows Orgenesis to bring
academia, hospitals, and industry together to make these essential
therapies a reality sooner rather than later. Orgenesis is focusing
on advancing its CGTs toward eventual commercialization, while
partnering with key industry stakeholders to provide a rapid,
globally harmonized pathway for these therapies to reach and treat
a larger number of patients more cost effectively and with better
outcomes through great science and decentralized production.
Notice Regarding Forward-Looking Statements
This press release contains forward-looking statements which are
made pursuant to the safe harbor provisions of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities and Exchange Act of 1934, as amended. These
forward-looking statements involve substantial uncertainties and
risks and are based upon our current expectations, estimates and
projections and reflect our beliefs and assumptions based upon
information available to us at the date of this release. We caution
readers that forward-looking statements are predictions based on
our current expectations about future events. These forward-looking
statements are not guarantees of future performance and are subject
to risks, uncertainties and assumptions that are difficult to
predict. Our actual results, performance or achievements could
differ materially from those expressed or implied by the
forward-looking statements as a result of a number of factors,
including, but not limited to, our reliance on, and our ability to
grow, our decentralized cell therapy platform and OMPUL business,
our ability to achieve and maintain overall profitability, our
ability to manage our research and development programs that are
based on novel technologies, our ability to control key elements
relating to the development and commercialization of therapeutic
product candidates with third parties, the timing of completion of
clinical trials and studies, the availability of additional data,
outcomes of clinical trials of our product candidates, the
potential uses and benefits of our product candidates, the
sufficiency of working capital to realize our business plans and
our ability to raise additional capital, the development of our
decentralized cell therapy processing, our ability to further our
CGT development projects, either directly or through our JV partner
agreements, and to fulfill our obligations under such agreements,
our license agreements with other institutions, our ability to
retain key employees, our competitors developing better or cheaper
alternatives to our products, risks relating to legal proceedings
against us, our ability to remain listed on Nasdaq and the risks
and uncertainties discussed under the heading "RISK FACTORS" in
Item 1A of our Annual Report on Form 10-K for the fiscal year ended
December 31, 2022, and in our other filings with the Securities and
Exchange Commission. We undertake no obligation to revise or update
any forward-looking statement for any reason.
Investor relations contact for
Orgenesis:Crescendo Communications, LLCTel:
212-671-1021Email: orgs@crescendo-ir.com
Communications contact for Orgenesis:IB CommunicationsMichelle
Boxall
Media Contact for Germfree:Lauren Blum, Content Marketing
Manager at Germfree+1 386-265-4300Marketing@germfree.com
Orgenesis (NASDAQ:ORGS)
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부터 11월(11) 2024 으로 12월(12) 2024
Orgenesis (NASDAQ:ORGS)
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부터 12월(12) 2023 으로 12월(12) 2024