CordenPharma Enters Alliance with Nanos of South Korea

CordenPharma of Germany has entered into a technology alliance agreement with Nanos of South Korea relating to the production of Peptides.

Nanos is a top supplier of camera modules for Samsung Electronics’ mobile phone business. 

Due to a relocation of Samsung Electronics’ mobile business to Vietnam, Nanos’ manufacturing factory in Hwasung, Korea, remains out of production.

Through in-licensing or a large-scale direct investment, Nanos plans to transform and utilize the existing production facility to launch high value products, such as peptides, a potential agent for cancer immunotherapy drugs. 

Nanos’ partnership with CordenPharma, a global contract development and manufacturing organizations (CDMO), represents Nanos’ strategic intention to establish long-term production and sale of therapeutic drugs involving peptides, which are currently in Phase 2 clinical trials.