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Investment of $5.5mn supports expansion of services to include pre-CMC stages for faster and successful biotherapeutics development.
March 8, 2022
By: Tim Wright
Editor-in-Chief, Contract Pharma
Flow Eighteen38, a protein sciences division of FairJourney Biologics S.A. (FJB), is receiving a $5.58 million investment from its parent to bolster protein production and biophysical characterization capabilities. FJB is a provider of discovery services and focused on the optimization of antibodies. The investment will be used to develop a dedicated, fit-for-purpose laboratory, designed to host a range of new and bespoke, state-of-the-art equipment to double protein purification capacity. The new facilities will accommodate over 15 high-end Fast Protein Liquid Chromatography systems (ÄKTAs), all individually optimized to scale-up custom production as well as support unique partner requirements and fast track standard productions. The investment will also streamline Quality Control with the purchase of high throughput, high precision equipment, including the LabChip GX Touch™ for CE-SDS, the Thermo Scientific Vanquish UHPLC, the FDA-licensed Endosafe nexgen-MCS for endotoxin testing and two BioAccord LC-MS Systems for biopharmaceuticals analysis. Additionally, the funding will drive further recruitment to service the increased demand for production and characterization services, as well as Flow Eighteen38’s cold storage and logistics solutions, and continued supply of quality antibody reagents that comply with new EU recommendations. “This investment is further commitment to our partners to ensure we remain on the cutting-edge of protein production and biophysical solutions and to continue to deliver quality results our diverse portfolio of partners have come to know and expect,” said António Parada, CEO, FairJourney Biologics. Teresa Barata, head of protein science division, Flow Eighteen38, said, “We are thrilled for this new stage of Flow Eighteen38. The new investment will enable us to continue to support our clients at the various stages of the discovery process and extend it to pre-CMC stages, for faster and successful biotherapeutics development.”
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