Durham-based Patheon has landed a contract with biotech giant Amgen for manufacturing services.
The deal was announced early Monday.
Financial terms were not disclosed.
Patheon provides pharmaceutical development and manufacturing services.
“As we launch new products and expand into more countries, it is critical to have the capacity to respond to increases in demand for our medicines,” said Rayne Waller, vice president of global supply chain at Amgen.
“Manufacturing remains a core competency and a competitive advantage for Amgen and we are committed to supplying every patient, every time. This arrangement with Patheon supplements our own manufacturing network and provides us flexibility to ensure supply.”
Patheon says it works with clients to provide “flexible manufacturing options for clients to address the complex client needs in a changing landscape.”
“We believe the departure from the ‘build or buy’ paradigm represents a superior value for our clients,” said Michael Lehmann, executive vice president of global sales and marketing for Patheon. “These flexible capacity solutions require a strategic and collaborative approach – different from the traditional ‘price per batch’ concept. This agreement with Amgen is representative of the changing dialogue in the pharmaceutical services industry.”
