AAIPharma acquires Rentschler clinical development team
Global provider of product development and support services, AAIPharma has, through its German subsidiary, entered into an agreement with European contract manufacturer of recombinant protein drugs, Rentschler Biotechnologie.
Global provider of product development and support services, AAIPharma has, through its German subsidiary, entered into an agreement with European contract manufacturer of recombinant protein drugs, Rentschler Biotechnologie.
Under the deal, AAIPharma has acquired the clinical research team of Rentschler's Clinical Development Operation in the field of recombinant protein drugs and has agreed to carry out certain existing clinical services contracts with Rentschler's customers on a subcontract basis.
The move provides AAIPharma's clinical development operations with additional experience in the planning, performance and evaluation of clinical studies involving biotechnology drugs.
Dr Ludo Reynders, president and ceo of AAIPharma, said, 'Rentschler's primary and secondary manufacturing capability complements our US sterile manufacturing capability, enabling the company to offer customers both US Food and Drug Administration and European regulatory agency-compliant manufacturing services.'