Lokon Pharma AB signs an agreement with Biovian
Lokon Pharma AB, a company developing next-generation cancer therapeutics, has selected Biovian Oy as a CDMO partner for GMP manufacturing of LOAd703 for a pivotal randomized study. The uniquely engineered LOAd703 oncolytic virus is currently being evaluated in the treatment of pancreatic, ovarian, colorectal, and biliary cancer as well as malignant melanoma.
The agreement covers the development and manufacturing of the viral vector LOAd703 at Biovian’s facility in Turku, Finland. Aseptic filling, stability studies, and release for clinical use are also covered under the service agreement. The mutual intent is to continue the partnership during the possible commercial stage.
Angelica Loskog, Ph.D. CEO, Board of Directors of Lokon Pharma
We are very pleased that we have found an experienced CDMO partner for the development and manufacturing of our LOAd703 viral vector when proceeding into more advanced clinical trials. There is a lack of effective treatment for pancreatic cancer. Immunostimulatory gene therapy holds the potential to provide better treatment to those patients. Finding a CDMO partner that understands our needs and can support us with both clinical and commercial manufacturing is an important step in reaching our goals.
Knut Ringbom, Dr. CEO of Biovian:
We are delighted that Lokon Pharma has selected us as a partner for GMP manufacturing of their novel molecule with a great potential to help cancer patients worldwide. Biovian has been developing and manufacturing viral vector processes since 2004, and we are happy to provide our expertise in Adenovirus vectors for the manufacturing of LOAd703. By having One-Stop-Shop services and a commercial license for manufacturing of gene therapy products we can serve Lokon Pharma when they take their valuable molecule through the clinical phases and onto the market.
