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Formosa Laboratories has been recognized by Business Management Review Magazine as the exclusive recipient of “Top 10 CMOs - 2021,” based on our proprietary methodology, reflecting its position in the industry, and is also named among “,” reflecting its broader leadership. This profile has been developed by the Business Management Review research and editorial team based on insights from an interview with Dr. C.Y. Cheng, President and CEO.
Formosa Laboratories’ is integrating API manufacturing with injectable products. The firm provides one-stop solutions for sterile injectable drug products and has implemented a comprehensive process control in its state-ofthe- art injectable facility.
We are dedicated to developing cost-effective manufacturing process and carrying out highly efficient procurement management to supply quality products that support our clients market presence or commence new market entries
For the commendable work carried out by Formosa Laboratories in API development and CDMO, Dr. Cheng credits collaborations with several enterprises. Majorly, the company’s partnership with its sister company, EirGenix, which specializes in antibody development and manufacturing, to deliver ADC/API or the ADC/injectable product, takes the lead. This collaboration helped Formosa Laboratories support a European company to successfully develop a difficult ADC and file an Investigational New Drug Application (IND). “The ADC process scaled up to production scale for the client,” says Dr. Cheng.
Additionally, the firm strategically associates with specialty formulation development companies to manage the production schedule in supply chain management of raw materials and the partnership with vendors. All this results in well-coordinated operations among departments and vendors to ensure onschedule delivery of goods.
Having assisted many clients, Formosa Laboratories is now looking to cater to a larger customer base in the future. The company is expanding its business from small molecules to include large molecules and growing its CDMO service in ADC development through collaboration with EirGenix. In terms of geographic expansion, Formosa Laboratories has moved overseas and set up a sales and BD subsidiary in Japan. “With our strong R&D capability, extensive experience in GMP production, and inception of our modern injectable facilities, we aim to become a first-rate CDMO service provider for difficultto- make cytotoxic and non-cytotoxic unique APIs and their injectable formulation products,” concludes Dr. Cheng.
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