💥 Fed cuts sparks mid cap boom! ProPicks AI scores with 4 stocks +23% each. Get October’s update first.Pick Stocks with AI

Race Oncology contractor Laurus Labs produces first batch of high-quality bisantrene dihydrochloride to specifications

Published 27/09/2023, 11:06 am
© Reuters.  Race Oncology contractor Laurus Labs produces first batch of high-quality bisantrene dihydrochloride to specifications

Laurus Labs, an India-based pharmaceutical manufacturer, has successfully produced its first batch of Race Oncology Ltd (ASX:RAC)’s active pharmaceutical ingredient (API) bisantrene dihydrochloride.

The 3.25-kilogram batch of the API was produced to a standard that meets the quality specified under the ‘Code of Good Manufacturing Practice’ (cGMP), using an improved process that is scalable to commercial quantities.

Upcoming clinical trials

The milestone paves the way for upcoming clinical trials and potentially unlocking new intellectual property avenues for Race.

Innovations incorporated into the manufacturing will support new Race patent applications, proving the API’s suitability for use in all regulatory jurisdictions, including Australia, the United States and the European Union.

In April 2022, Race Oncology opted for Laurus Labs as its API supplier to secure a scalable and quality supply of bisantrene for its flagship drug product, RC220.

This set off a transfer of technical knowledge from the previous manufacturer to Laurus Labs, which resulted in improved yield and purity.

The efficiencies that emerged throughout the manufacturing process delivered new intellectual property (IP) rights for the company.

Paves way for FDA approval

The process also fulfils manufacturing process impurity requirements, a critical factor for registering bisantrene-containing drug products under a US FDA New Drug Application (NDA).

Executive director Dr Pete Smith said: “Completion of the first batch of API at our new contract manufacturing organisation (CMO), Laurus Labs, and its certification of cGMP quality, is an important milestone for Race.

“Laurus Labs has performed very well during this first campaign and has the capabilities and capacity to provide our clinical development and commercial needs for API over the longer term.

“We have sufficient active pharmaceutical ingredient for our RC220 cGMP drug product manufacturing program and near-term clinical trials.

“As an unexpected bonus, there have been some discoveries made at Laurus during the manufacturing campaign that can add to our overall intellectual property position.

“We look forward to continuing our productive relationship with Laurus.”

Next steps

The cGMP-grade API will be transferred to Ardena in Belgium for manufacturing Race’s new sterile formulation, RC220.

Further studies for Phase 3 readiness and protection of newly developed IP assets are also in the pipeline.

With this successful synthesis, Race Oncology not only secures a high-quality supply of API but also minimises risks associated with chemistry, manufacturing, and controls (CMC), making it an attractive potential partner for larger pharmaceutical enterprises.

Read more on Proactive Investors AU

Disclaimer

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.