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Avid Bioservices, Argonaut Enter Manufacturing Services Pact

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Avid Bioservices, Inc., a biologics CDMO, and Argonaut Manufacturing Services, a cGMP contract manufacturing organization (CMO) have entered a co-marketing agreement to provide an integrated manufacturing solution including process development, drug substance manufacturing, and drug product manufacturing. The companies will offer Avidโ€™s upstream and downstream process development and drug substance manufacturing services in tandem with Argonautโ€™s parenteral drug product fill-finish services, to support the efficient delivery of CGMP parenteral drug products for use in clinical studies.

โ€œAs we continue to expand our biologics manufacturing client base, Avid is leveraging a strategy of aligning with industry leaders that are capable of offering critical complementary services to our customers,โ€ said Timothy Compton, chief commercial officer of Avid. โ€œIn entering this agreement with Argonaut, we are offering our clients access to CGMP qualified parenteral fill-finish services within an hourโ€™s drive from our drug substance development and manufacturing facilities. This will provide a drug substance-to-drug product solution for our clients as they move their novel, high-value biologic therapeutics through clinical development.โ€

โ€œArgonaut has always endeavored to provide our clients with a trusted network of complementary service providers through our Ecosystem Partnership program,โ€ said Eric Blair, chief commercial officer of Argonaut. โ€œOur partnership with Avid unlocks key process development and drug substance manufacturing capabilities for our clients, which are a perfect fit with our state-of-the-art aseptic fill-finish offering. Together, Avid and Argonaut offer a complete solution for customers that are bringing biologic therapeutics to market.โ€

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