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Lonza Acquires Octane Biotech

Will further develop Cocoon autologous technology

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Lonza has acquired a controlling stake in Octane Biotech, with the right to acquire full ownership. The increase in equity share will allow Lonza to further develop the technology to support the growing need for scalable autologous manufacturing. Octane Orthobiologics Inc. will maintain exclusivity to a certain subset of orthopedic clinical indications for use in the Cocoon system.    The two companies have been collaborating since 2015 on the development of the Cocoon system, a patient-scale,...

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