STOCK TITAN

WuXi ATU Announces Licensing Agreement with Janssen for TESSA™ Technology

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

WuXi Advanced Therapies (WuXi ATU) announced a licensing agreement with Janssen Biotech to utilize its TESSA™ technology for adeno-associated viral (AAV) vector production. This technology allows for 10 times more efficient production compared to traditional methods. Janssen also gains access to WuXi ATU's proprietary HEK293 cell line. The TESSA™ system has been scaled to 200L, significantly reducing AAV production costs while improving yield and quality. WuXi ATU remains committed to enhancing this technology for faster and cost-effective gene therapy solutions.

Positive
  • Licensing agreement with Janssen Biotech enhances market position.
  • TESSA™ technology increases AAV vector production efficiency by 10 times.
  • Successful scaling of TESSA™ to 200L reduces production costs significantly.
  • Access to proprietary HEK293 cell line strengthens offerings.
Negative
  • None.

PHILADELPHIA, Aug. 11, 2022 /PRNewswire/ -- WuXi Advanced Therapies (WuXi ATU), a wholly owned subsidiary of WuXi AppTec, today announced a licensing agreement with Janssen Biotech, Inc., one of the Janssen Pharmaceutical Companies of Johnson & Johnson ("Janssen"). Under this agreement, WuXi ATU will license to Janssen its TESSA™ technology, a high-performance system that can produce 10 times more adeno-associated viral (AAV) vectors than traditional AAV manufacturing systems. Janssen will also have access to work on WuXi ATU's proprietary clonal suspension HEK293 cell line. This agreement was facilitated by Johnson & Johnson Innovation.

AAV vectors are commonly used for the delivery of gene therapies to patients due to their ability to transduce numerous cell and tissue types. WuXi ATU's TESSA™ technology responds to industry demand for large scale AAV manufacturing by producing higher quality AAV particles more efficiently. WuXi ATU has also successfully scaled up the TESSA™ technology to 200L; this achieved a 10-fold higher yield and a significantly higher percentage of full AAV capsids, greatly reducing overall AAV production costs compared to traditional plasmid-based AAV production systems.

"We are honored that Janssen selected WuXi ATU's TESSA™ technology." said Dr. David Chang, Chief Executive Officer of WuXi Advanced Therapies. "We remain committed to improving the TESSA™ platform to produce faster and more cost-effective AAV products for patients."

As a Contract Testing, Development and Manufacturing Organization (CTDMO) with global operations, WuXi ATU will continue to enhance its capability and capacity to help customers develop and deliver life-changing cell and gene therapies faster for patients in need.

About WuXi Advanced Therapies (WuXi ATU)

As the advanced therapies business unit of WuXi AppTec, WuXi Advanced Therapies is a Contract Testing, Development and Manufacturing Organization (CTDMO) that offers integrated platforms to transform the discovery, development, testing, manufacturing, and commercialization of cell and gene therapies. Our services and solutions accelerate time to market and support customer programs around the world. For more information, please visit https://www.advancedtherapies.com

About WuXi AppTec

As a global company with operations across Asia, Europe, and North America, WuXi AppTec provides a broad portfolio of R&D and manufacturing services that enable global pharmaceutical and healthcare industry to advance discoveries and deliver groundbreaking treatments to patients. Through its unique business models, WuXi AppTec's integrated, end-to-end services include chemistry drug CRDMO (Contract Research, Development and Manufacturing Organization), biology discovery, preclinical testing and clinical research services, cell and gene therapies CTDMO (Contract Testing, Development and Manufacturing Organization), helping customers improve the productivity of advancing healthcare products through cost-effective and efficient solutions. WuXi AppTec received AA ESG rating from MSCI in 2021 and its open-access platform is enabling more than 5,850 collaborators from over 30 countries to improve the health of those in need – and to realize the vision that "every drug can be made and every disease can be treated." Please visit: http://www.wuxiapptec.com

 

Cision View original content:https://www.prnewswire.com/news-releases/wuxi-atu-announces-licensing-agreement-with-janssen-for-tessa-technology-301604784.html

SOURCE WuXi AppTec

FAQ

What technology did WuXi ATU license to Janssen?

WuXi ATU licensed its TESSA™ technology to Janssen Biotech for AAV vector production.

How much more efficient is the TESSA™ technology compared to traditional methods?

The TESSA™ technology is 10 times more efficient than traditional AAV manufacturing systems.

What is the significance of the 200L scaling for TESSA™ technology?

Scaling to 200L allows for a significantly higher yield and reduces AAV production costs.

When was the licensing agreement between WuXi ATU and Janssen announced?

The licensing agreement was announced on August 11, 2022.

What is the impact of the agreement on WuXi ATU's market position?

The agreement enhances WuXi ATU's market position by providing access to larger-scale production capabilities.

Wuxi Apptec

OTC:WUXAY

WUXAY Rankings

WUXAY Latest News

WUXAY Stock Data

21.89B
2.50B
Diagnostics & Research
Healthcare
Link
China
Shanghai