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April 14, 2008 – Amsterdam, The Netherlands – SynCo Bio Partners B.V., a leading GMP biopharmaceutical manufacturer, has signed a Master Services Agreement with OncoMed Pharmaceuticals, a company developing novel therapeutics that target cancer stem cells. Under the agreement, SynCo will fill and finish batches of OncoMed’s lead product, antibody OMP-21M18, for use in Phase I clinical trials.
Announcing the agreement, Pierre Warffemius, CEO, said, “We are delighted that a company at the forefront of cancer therapies has recognised our expertise in biopharmaceutical processing by choosing us to fill their lead antibody for early clinical trails.”
Paul J. Hastings, President and CEO of OncoMed, “We selected SynCo Bio Partners because we needed a GMP-accredited contract manufacturing organisation that had a proven track record in filling biologics. With SynCo’s expertise in all aspects of biopharmaceutical manufacture, they were an ideal partner for us at this crucial stage in our development.
OncoMed recently announced that it had signed a worldwide strategic alliance with GSK to develop cancer stem cell antibody therapeutics. One of the key projects in this alliance will be the development of OncoMed’s lead antibody product candidate, OMP-21M18, a monoclonal antibody, which is scheduled to enter the clinic in 2008.
SynCo will fill and finish antibody OMP-21M18 at its Amsterdam-based facility. This facility is able to fill approximately 40 batches of biopharmaceutical per year of up to 20,000 vials using the latest filling and finishing equipment.
| Chief Executive Officer: | Paul J Hastings | (650) 995 8200 |
| Chief Financial Officer: | William D Waddill | (650) 995 8200 |
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| Media enquiries/BCC Partners: | Karen L Bergman | (650) 575 1509 or |
| | Michelle Corral | (415) 794 8662 |
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