The increase was primarily due to higher clinical trial expenses associated with our three Phase 3 clinical trials initiated in the third quarter of 2018, partially offset by a reduction in chemistry, manufacturing and control-related expenses as a result of the completion of manufacturing of clinical trial materials
for our Phase 3 clinical trials by our primary suppliers.
The seed funds have already enabled completion of manufacturing of clinical trial materials
for Phase 1 and Phase 2 testing in adults and children, as well as for the advancement of vaccine candidates for human metapneumovirus and parainfluenza virus using the same technology platform.
Exempting medicines and clinical trial materials
from new customs and border checks, and making contingencies for APIs
and European regulatory authorities in order to produce clinical trial materials
for the Chinese market and rest of world.
We look forward to building on this strong relationship through supplying clinical trial materials
as well as commercial manufacturing and testing."
Sherpa said with this acquisition, customers will have access to PCI's expanded clinical packaging services, extensive manufacturing of clinical trial materials
, as well as global reach through US, European, and Asia Pacific depots to support clinical studies.
Production of the approved clinical trial materials
will be done by the RBio Biostar Stem Cell Research Institute (Biostar), which has been developing technology for dementia reduction for more than 10 years.
Noida, India, December 13, 2015 --(PR.com)-- Catalysed by the globalization and increasing spending on clinical trials, the demand for efficient storage, packaging and transportation services for clinical trial materials
has increased at a healthy growth rate over the past few years.
to provide GMP antibodies for manufacture of clinical trial materials
testing a treatment for amyotrophic lateral sclerosis (ALS).
Previously clinical trial materials
had to be shipped via Los Angeles, or other US airports, which led to longer journey times and higher risks of temperature deviations and delays to sensitive biological products.