Biotech
RD-Biotech in full takeoff in 2020 thanks to the pandemic
The Besançon SME, the only company in France to prepare plasmid DNA, which is used as biological material for many new treatments, such as messenger RNA vaccines, has seen its business explode with the pandemic. The company is investing in a “plasmid factory” that could be the first in France.The production center, which should employ 15 people at the start, could have 50 people within three years.
Discreetly installed in the Besançon (Doubs) train station district, RD-Biotech will take possession of its new premises at the end of February at Temis Santé, the technopole that is taking shape around the CHU and the Etablissement français du sang (EFS) Bourgogne Franche-Comté (Burgundy Franche-Comté). The building is almost finished, and the 30 employees will then be able to welcome the new recruits this SME needs.
Created in 2002 to develop and produce antibodies for biotechnology companies and major pharmaceutical groups in the clinical research phase, RD-Biotech had already been growing strongly for two years, but its activity exploded with the pandemic. First with the preparation of antibodies for rapid screening tests, for the Belgian company CorisBioConcept. Then with the preparation of plasmids for messenger RNA vaccines. RD-Biotech is indeed the only French company to prepare plasmid DNA.
Read more about the latest development of the company RD-Biotech and find the latest financial news in the world with the Born2Invest mobile app.
RD-Biotech makes its mark in monoclonal antibodies
“The plasmid is the raw material needed to develop any new treatment aimed at synthesizing a protein to cure a patient,” explained Philippe Dulieu, one of the three founding directors. “It’s a kind of mold, or USB key, that will serve as the biological starting material for gene therapies, cancer treatment, messenger RNA, among others,” he illustrated. It is this famous messenger RNA that is found in Pfizer-BioNTech or Moderna’s anti-covid vaccines.
“For this new type of vaccine, we were at the heart of the activity last March, April and May,” said the director, who has been working for 12 years for major players in this technology in Germany and Belgium. “With the current crisis, which validates the strategic approach of messenger RNA, it has become even clearer that the production capacity of these plasmids is a global challenge,” he emphasized.
On this subject, and with the prospect of a global market for new therapies worth tens of billions of dollars in the next ten years, RD-Biotech had anticipated and launched, as early as 2019, a project for a “plasmid factory”, which is currently in the development phase and is expected to come into being in two years time.
It will enable the SME to meet the demands of customers who want to have a single supplier for the manufacture of plasmids in the R&D phase – which it already offers – but also in the GMP production phase (“good manufacturing practices”).
While the building is not yet out of the ground, RD-Biotech has already booked orders – the delivery time is now two years for the small dozen manufacturers worldwide. The production center, which should employ 15 people at the start, could have 50 people within three years.
RD-Biotech is a subsidiary of the Biotech Investissement holding company, created in 2012 when it bought out Diaclone, a sister company whose activity also exploded in 2020 with the Covid crisis. Its sales of antibodies to measure inflammation have soared in the context of the pandemic. Between them, RD-Biotech and Diaclone recorded growth of 55% in 2020 and are expected to increase from $8.7 million (€7.1 million) in sales in 2019 to $12.2 million (€10 million) in 2020.
__
(Featured image by fernandozhiminaicela via Pixabay)
DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.
This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.
First published in LesEchos, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.
-
Cannabis1 week ago
Coffee Shops in Only 10 Dutch Cities Will Sell Legal Cannabis from April 2025
-
Markets2 weeks ago
Bitcoin Booms, Gold Struggles, and Markets Soar: Highlights from November’s Economic Pulse
-
Markets5 days ago
Cotton Prices Decline Amid U.S. Tariffs, Weak Chinese Demand, and Strong U.S. Production Outlook
-
Biotech2 weeks ago
Cogesa and Croma Gio.Batta Merge, Unlocking 15% Growth and Accelerating Investments