Prolytic is being integrated into the Kymos Group to offer added value services to biopharmaceutical companies worldwide, with a pan-European solution in a rapidly-changing business environment.
The combination of expertise will allow the companies to broaden their portfolio into a unique selection of services for innovative small and large molecules, generics, biosimilars, antibodies, biomarkers, ADA (anti-drug antibodies), ADC (antibody-drug conjugates), hormones, enzymes and nucleic acids. They will also intensify their activity in the advanced therapies market. Prolytic has gained expertise in mRNA technologies, which are used in some of the most advanced Covid-19 vaccines being developed in Europe.
“Today’s market wants full-service providers and one-stop-solutions. With this merger we will be able to think globally and act locally, providing our clients with a reliable, trustworthy and much-improved service,” said Dr. Dorothee Krone, managing director at Prolytic. “Small and mid-sized companies feel comfortable working with us. Kymos can help us cover the whole life science cycle and we can now offer a much more diverse range of services than we have ever been able to in the past.”
The two companies, together with Pharmaprogress, a Kymos Group affiliate in Italy, share a commitment to quality and a dedication to innovation. While customers will have access to an increased range of GMP/GLP-certified and GCP-compliant services, they will still obtain a tailor-made, personalized, flexible service. Kymos and Prolytic have a multidisciplinary understanding of the full pharmaceutical development and manufacturing process, from development and clinical phases to final approval and post-marketing studies, providing logistic security and reliability. The merger will result in an improvement in the ability of the company to react even faster to the specific needs of its global customers.
“The knowledge that Prolytic has regarding DNA and RNA is a key scientific element of the advanced therapies services market that Kymos is entering,” said Dr. Joan Puig de Dou, CEO at Kymos. “The merger gives us the opportunity to increase our service offering, strengthen the emerging therapies market and create a multinational and multidisciplinary company. We are very much looking forward to this new phase in the company’s history.”
With this merger, Kymos now has three sites in Europe: in Barcelona (Spain), Ancona (Italy) and Frankfurt (Germany). The Italian site is the result of the 2016 merger with Pharmaprogress SRL. Under the agreement, the company names will remain unchanged. At Prolytic's German site , the current management will remain in place, while staff numbers will increase. An investment plan will be put into place to acquire new equipment.
Having strengthened its presence in the EU, the European group aims to expand into the Asia-Pacific region next, whilst opening up promising new therapeutic areas.
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