Donaldson Company Invests in New Life Sciences Technical Center

Rhea-AI Summary

Donaldson Company, Inc. (NYSE: DCI) expands its life sciences footprint with a new 25,000-square-foot technical center in Research Triangle Park, showcasing its commitment to bioprocessing solutions and the IsoTag reagent product line. The facility will support the development and commercialization of transformational bioprocessing solutions, including the recent launch of IsoTag AAV for the purification of adeno-associated viral vectors (AAV).

Research Triangle Park, a North Carolina technology and biotech hub, is Donaldson’s choice for the latest expansion of its life sciences footprint

MINNEAPOLIS--(BUSINESS WIRE)-- Donaldson Company, Inc. (NYSE: DCI), a leading worldwide provider of innovative filtration products and solutions, announced its commitment to broadening its life sciences reach with the opening of a 25,000-square-foot life sciences technical center in Research Triangle Park (RTP). Donaldson brands located or under development at the facility include Isolere Bio, Purilogics, Solaris Biotech and Univercells Technologies.

Donaldson Isolere Bio team developing novel, proprietary IsoTag reagents. (Photo: Business Wire)

The technical center at 5 Lab Drive in RTP is centrally located on a campus supporting emerging biotechnology companies and includes modern laboratories as well as cleanrooms that provide product manufacturing capacity. The new facility will support the design, development, launch and early commercialization of transformational bioprocessing solutions. It also will serve as a hub for Donaldson life science innovations while advancing the IsoTag™ reagent product line.

“RTP is the perfect strategic location to attract world-class talent to our growing team, deploy enabling bioprocessing solutions, and engage with leading cell and gene therapy players,” said Andrew Dahlgren, Donaldson Life Sciences president. The facility provides Donaldson with the resources necessary to increase development, collaboration and operations.

Donaldson recently launched Isolere Bio’s first product, IsoTag™ AAV, for the purification of adeno-associated viral vectors (AAV). The novel reagent uses affinity liquid-phase separation paired with efficient microfiltration for the purification and streamlined manufacturing of AAV, vectors critical to the gene therapy industry. Prototype-grade material from the second product line, IsoTag™ LV for lentiviral vectors, is scheduled to launch in early 2024.

“Through this meaningful investment, we are now poised to accelerate commercialization of our IsoTag technology and deliver disruptive solutions to our customers in the advanced therapeutics space,” said Kelli Luginbuhl, Donaldson Isolere Bio business director. “By adding manufacturing capacity, Donaldson is in a stronger position to support customers in their research through clinical and commercial-scale activities.”

About Donaldson Company, Inc.

Founded in 1915, Donaldson (NYSE: DCI) is a global leader in technology-led filtration products and solutions, serving a broad range of industries and advanced markets. Diverse, skilled employees at more than 140 locations on six continents partner with customers — from small business owners to R&D organizations and the world’s biggest OEM brands. Donaldson solves complex filtration challenges through three primary segments: Mobile Solutions, Industrial Solutions and Life Sciences. Additional information is available at www.Donaldson.com and www.isolerebio.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231109952859/en/

Sarika Dhadwal (952) 887-3753

Sarika.Dhadwal@Donaldson.com

Source: Donaldson Company, Inc.

FAQ

What is the latest expansion for Donaldson Company, Inc. (NYSE: DCI)?

The latest expansion is a 25,000-square-foot life sciences technical center in Research Triangle Park, focusing on bioprocessing solutions and the IsoTag reagent product line.

What are the brands located or under development at the new facility?

The brands include Isolere Bio, Purilogics, Solaris Biotech, and Univercells Technologies.

What is the recent product launch from Isolere Bio?

Isolere Bio recently launched IsoTag AAV for the purification of adeno-associated viral vectors (AAV).

What is the purpose of the new facility in Research Triangle Park?

The facility will support the design, development, launch, and early commercialization of transformational bioprocessing solutions, as well as serve as a hub for Donaldson life science innovations and advance the IsoTag reagent product line.