BioVectra announced a long-term supply agreement with Keryx Biopharmaceuticals to manufacture Ferric Citrate, the active pharmaceutical ingredient (API) in Auryxia tablets, a medicine approved for the treatment of two common complications of chronic kidney disease.
BioVectra brings over 45 years of contract development and manufacturing experience to the partnership, including working with Keryx to manufacture Ferric Citrate API since 2003. BioVectra will prepare for the anticipated growth in the long-term Ferric Citrate API supply needs by expanding production capacity at their headquarters facility in Charlottetown, PEI, Canada.
"This partnership is a pivotal step in our journey as BioVectra. It is a shining example of the innovation, talent and determination we have cultivated in the Atlantic Canada region. We take great pride in serving the needs of global partners and the patients they are treating," said BioVectra President, Oliver Technow. "We are very pleased to bring an agreement of this magnitude, creating highly skilled jobs, to Charlottetown, PEI. It is another terrific accomplishment for bioscience in Atlantic Canada."