Centrient Pharmaceuticals boosting statins API manufacturing capacity

Rotterdam, The Netherlands, June 21, 2021 (GLOBE NEWSWIRE) —

Summary:

  • Centrient Pharmaceuticals has started production at its newly built statins API manufacturing unit in Toansa, India.
  • With this expansion the company is doubling its production capacity of Atorvastatin and Rosuvastatin, meeting the increased demand for its high-quality uniquely produced statins.
  • Centrient Pharmaceuticals’ statins are one of the most sustainably produced in the industry by eliminating harmful solvents, generating less waste, and a reduced carbon footprint of 32% as compared to traditional manufacturers.
  • Using backward integrated manufacturing methods, and dedicated production facilities, Centrient Pharmaceuticals is able to offer its customers security of supply.

Centrient Pharmaceuticals (“Centrient”), the global leader in sustainable antibiotics, next-generation statins and anti-fungals, announced today to have started production at its new statins manufacturing unit. With the building of its second dedicated unit on the Toansa site in India now completed, the company will double its statins production capacity. This will enable Centrient to meet growing demand for its sustainably manufactured Atorvastatin and Rosuvastatin Active Pharmaceutical Ingredients (APIs).

Statins are currently the most prescribed drug class globally for the treatment of high cholesterol and cardiovascular diseases and are among the top-selling drugs worldwide. The markets for Atorvastatin and Rosuvastatin in particular, has shown steady growth in the past years, as a result of the continued global prevalence of high cholesterol issues, replacement of older generation statins, and genericization of the market.

Starting almost a decade ago, Centrient has grown today into one of the leading statin API suppliers worldwide, servicing large pharma companies around the globe.

Next to high-quality features like long shelf life and large batch sizes, the company offers security of supply to customers through its dedicated statins production facility and backward integration. Being backward integrated, Centrient is independent from external imports of starting materials. Its enzymatic route of synthesis and patented technology minimise the use of harmful solvents, generate less waste, and reduce the company’s carbon footprint by 32% as compared to traditional manufacturers.

The news of the facility expansion follows major milestones on statins that the company reached in the past years. In 2012, under the name of DSM Sinochem Pharmaceuticals, it was the first pharmaceutical manufacturer worldwide to offer generic Atorvastatin APIs under a Certificate of Suitability to the Monograph of the European Pharmacopoeia (CEP). Since 2014, it has produced the unique Atorvastatin APIs in its state-of-the-art facility in Toansa, India for third-party customers.

In addition, the company was one of the first three companies worldwide that started to offer generic Rosuvastatin APIs under CEP in 2016. Two years later, the first generic Rosuvastatin and Atorvastatin finished dosage forms were launched in Western Europe.

“With the doubling of our production capacity, we demonstrate our commitment to maintain our leadership position in line with our strategy and to continue supporting our customers’ business growth. Guided by our brand promise of Quality, Reliability, and Sustainability, Centrient’s Rosuvastatin and Atorvastatin offer superior performance in all three areas to the benefit of our customers and the environment.”, says Frans Vlaar, Chief Commercial Officer at Centrient.

Ground breaking of the new manufacturing unit started at the end of 2019 and commercial supplies from the new unit will start in mid-2021With the new manufacturing line being operational and doubling the production capacity, Centrient will be even better positioned to secure supply, meeting the growing demand from customers and helping to improve the lives of patients who are in need of these medicine.

“We are extremely proud that we have been able to complete this project in a timely way given the challenges of executing such a complex project in the midst of the COVID pandemic,” says Jim McPherson, Chief Quality & Technical Operations Officer. “It reinforces our absolute commitment to meet the expectations of our customers as a partner of choice – delivering reliable and secure supply using leading sustainable technologies. The facility incorporates design features that allow further improvements in GMP and energy utilization, and enable greater automation for improved process control.”

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About Centrient Pharmaceuticals

Centrient Pharmaceuticals is the leading manufacturer of beta-lactam antibiotics, and a provider of next generation statins and antifungals. We produce and sell intermediates, active pharmaceutical ingredients and finished dosage forms.

We stand proudly at the centre of modern healthcare, as a maker of essential and life-saving medicines. With our commitment to Quality, Reliability and Sustainability at the heart of everything we do, our over 2200 employees work continuously to meet our customers’ needs. We work towards a sustainable future by actively participating in the fight against antimicrobial resistance.

Founded 150 years ago as the ‘Nederlandsche Gist- en Spiritusfabriek’, our company was known as Gist Brocades and more recently DSM Sinochem Pharmaceuticals. Headquartered in Rotterdam (Netherlands), we have production facilities and sales offices in China, India, the Netherlands, Spain, Egypt, the United States and Mexico. Centrient Pharmaceuticals is wholly owned by Bain Capital Private Equity, a leading global private investment firm.

For more information please visit www.centrient.com or contact Centrient Pharmaceuticals Corporate Communications, Alice Beijersbergen, Director Branding & Communications. E-Mail: alice.beijersbergen@centrient.com.

Forward-looking statements
This press release may contain forward-looking statements with respect to Centrient Pharmaceuticals’ future financial performance and position. Such statements are based on current expectations, estimates and projections of Centrient and information currently available to the company. Centrient cautions readers that such statements involve certain risks and uncertainties that are difficult to predict and therefore it should be understood that many factors can cause actual performance and position to differ materially from these statements. Centrient has no obligation to update the statements contained in this press release, unless required by law. The English language version of the press release is governing.

Alice Beijersbergen
Centrient Pharmaceuticals
alice.beijersbergen@centrient.com

JinkoSolar delivers initial DC-coupled storage system to West Africa

SHANGHAI, June 21, 2021 /PRNewswire/ — JinkoSolar Holding Co., Ltd. (the “Company” or “JinkoSolar”) (NYSE: JKS), one the largest and most innovative solar module manufacturers, today announced to deliver 1.2MWh of energy storage system to West Africa. JinkoSolar’s experience in solar, storage, complex multi-application systems resulted in offering a new solution in African market: integrating batteries, Power Conditioning System (PCS), DC modular, switch cabinets, with EMS software. This all-in-one, fully integrated modular and compact solution minimizes complexity of deployment activities, and delivers the lowest lifecycle costs.

JinkoSolar Energy Storage Project in West Africa

JinkoSolar’s DC coupled battery storage system can meet project requirements of varying scale and is suitable for various environmental conditions, making it an ideal solution for grid ancillary services and C&I applications while ensuring reliability and safety. The potential advantage of this DC coupled solution Includes improved system efficiency, lower balance of plant costs, and clipped solar recapture. With storage attached to the solar system, the batteries can be charged with excess solar generation when the PV reaches its peak and would otherwise begin clipping. The stored energy can be introduced into the grid at the appropriate time, maximizing the value of the system’s generation. The flexibility and broad capabilities of the EMS software enable effective and efficient control and management over the entire system, compatible with solar, wind, grid, and diesel engines.

“For us, this is a milestone project of delivering ESS system to Africa.  It is one of our initial storage projects globally on this scale using DC-coupling. Africa is a very promising market for energy storage due to relatively poor state grid infrastructure and high electricity price, there is a strong potential to replace peaker gas or cola fired plants in Africa with cleaner alternatives like solar made dispatchable using batteries,” said Gener Miao, CMO of Jinkosolar.

Photo – https://mma.prnewswire.com/media/1537317/Africa_Energy_Storage.jpg

Taiwan Welcomes More COVID Vaccine Doses From US

Taiwan has welcomed the arrival of about 2.5 million doses of Moderna’s COVID-19 vaccine from the United States, a gesture that was met angrily by China.

The doses, which landed at the Taoyuan International Airport outside of the capital Taipei Sunday after a one-day flight, more than tripling an initial pledge of 750,000 doses made by the Biden administration to the self-governing island.

In a post on Facebook, Taiwan President Tsai Ing-wen praised the arrival of the vaccines.

“Whether it is for regional peace and stability or the virus that is a common human adversary, we will continue to uphold common ideas and work together,” President Tsai wrote.

According to the Reuters news agency, a spokesperson for China’s Foreign Ministry urged the U.S. to avoid “political manipulation in the name of vaccine assistance and stop interfering in China’s domestic affairs.” China claims the self-governed island as part of its territory, and has offered Taiwan doses of its domestically produced vaccines, which Taipei has refused.

The self-ruled island had been held up as one of the world’s few success stories in containing the spread of the coronavirus at the start of the pandemic, but it has been dealing with an sudden outbreak of new infections which authorities have connected to outbreaks among flight crews with state-owned China Airlines and a hotel at Taoyuan International Airport.

Taiwan currently has 14,005 confirmed COVID-19 infections, including 549 deaths, according to the Johns Hopkins Coronavirus Resource Center.

Source: Voice of America

India Hits New Daily Vaccination Record

After a deadly second wave spurred changes in India’s vaccine policy, the country announced it had given 7.5 million coronavirus vaccine doses Monday – a new single day record for inoculations.

The previous high mark was 4.5 million on April 5, which was reportedly followed by a decline to below 3 million a day.

The surge in vaccinations follows distribution changes announced by Prime Minister Narendra Modi earlier this month. Under the new plan, the government would buy 75% of the vaccines and give them to the states free of charge.

India says it aims to inoculate 950 million adults by December, but experts say in order to do that, it will have to give 10 million shots a day. Less than 5% of adults are fully vaccinated, Reuters reported.

India is using a locally produced AstraZeneca vaccine as well as Bharat Biotech’s Covaxin, made by an Indian company.

During the country’s second wave, which peaked in May, some 400,000 new cases were reported per day. Around 170,000 died between April and May.

But over the past 24 hours, the infection rate has dropped below 55,000 new cases, according to Reuters.

Source: Voice of America