Latest news with #JohnCoelho
Malaysian Reserve
27-06-2025
- Business
- Malaysian Reserve
ProBio Opens Flagship U.S. Plasmid & Viral Vector Manufacturing Facility in Hopewell, New Jersey to Advance Cell and Gene Therapy
HOPEWELL, N.J., June 27, 2025 /PRNewswire/ — ProBio, a global contract development and manufacturing organization (CDMO) specializing in cell and gene therapy, today announced the opening of its flagship Cell and Gene Therapy Center of Excellence at the Princeton West Innovation Campus in Hopewell, New Jersey. The 128,000 sq ft GMP facility is purpose-built for manufacturing high-quality plasmid DNA and viral vectors, including adeno-associated virus (AAV) and lentiviral vector (LVV) platforms, reflecting ProBio's dedication to accelerating the delivery of transformative medicines. The celebration included an open house event featuring a guided site tour, ribbon-cutting ceremony, and a keynote address by Donavon Decker, the first person in the world to receive gene therapy for any form of muscular dystrophy in 1999. Decker shared his experience from that landmark trial at Ohio State University—led by Dr. Jerry Mendell—and spoke movingly about how state-of-the-art facilities like ProBio's Hopewell site help translate scientific advances into real patient outcomes. The ribbon-cutting ceremony featured remarks from prominent leaders: Debbie Hart, CEO of BioNJ; Courtney Peters–Manning, Mayor of Hopewell Township; John Coelho of the New Jersey Economic Development Authority (NJEDA); Michael Vreeland, Site Head of ProBio Hopewell; Allen Guo, CEO of ProBio; and Frank Zhang, Founder of GenScript and Chairman of Legend Biotech. Mayor Courtney Peters-Manning welcomed the company warmly, stating: 'Hopewell Township is a wonderful place to live and work, and we are thrilled to welcome ProBio to our community, where they will make cutting-edge, life-changing therapies, in addition to creating high-skilled jobs.' John Coelho of NJEDA emphasized the strategic significance of the opening: 'The opening of ProBio, a state-of-the-art fully integrated end-to-end Contract Development and Manufacturing Organization, will be a significant enhancement to the cell and gene biologics development and biomanufacturing ecosystem, anchoring New Jersey as a leader in the field. The potential to support production for global clinical trial registrations and close proximity to leading precision medical centers will enable faster access of breakthrough medicines to patients.' Built to meet the most rigorous GMP standards, the Hopewell site is equipped to support clinical-stage development, process-development and scale-up for cell and gene therapy programs. This capability solidifies New Jersey's position as a leader in biopharmaceutical manufacturing. During the open house, guests toured advanced GMP suites and production lines, and engaged with ProBio's scientific and operations teams as well as industry, academic, and government partners. 'This is not just a new facility. It is a beacon of hope for patients waiting for cures,' said Allen Guo, CEO of ProBio. 'Opening the Hopewell center is a milestone in ProBio's global expansion and underscores our mission to support biopharma innovators with high-quality, responsive manufacturing solutions.' Bringing over 110 high-skilled jobs to New Jersey, ProBio's Hopewell facility continues to expand its capabilities. GMP AAV manufacturing is set to launch by Q3 2025, with GMP LVV services to follow in Q1 2026—enabling support for a broader range of therapeutic candidates from early proof-of-concept through clinical readiness, all within one integrated site. Located in the heart of New Jersey's rapidly expanding innovation corridor, ProBio's Hopewell facility serves as the company's North American hub, designed to support and complement its broader operations across North America and Europe. This strategic investment aligns with efforts to strengthen transatlantic biomanufacturing capacity and resilience—positioning the site to meet growing demand for advanced therapeutic production across both continents. For more information about ProBio and its full suite of development and manufacturing services, please visit ABOUT PROBIO ProBio is a global leader in advancing the development and manufacturing of next generation biologics and advanced therapies for the biotech and pharmaceutical industries. As a fully integrated end-to-end Contract Development and Manufacturing Organization (CDMO), ProBio partners with its clients to optimize drug development, accelerate time-to-market, and provide comprehensive life-cycle support. Through a collaborative, risk-sharing approach, ProBio offers flexible licensing and co-development options for new therapeutics, enabling partners to effectively navigate the complexities of human disease with adaptable, cutting-edge therapeutic approaches. To learn more about ProBio services, please visit CUSTOMIZED CDMO SOLUTIONS. DEVELOPED FASTER. DELIVERED BETTER. Media Contact:Alvin Jogasuria Head of Marketing, Americas and Europe[email protected]
Yahoo
28-05-2025
- Business
- Yahoo
Tiger Group and Asset Remarketing International Announce Major Cut and Sew, Textile-Embellishment Auction on June 10
-- Timed online auction of assets from high-production facility in Mexico's Sonora state includes embroidery, screen printing, cut and sew and other machinery and equipment; sale also features state-of-the art, U.S.-based Polaris Stryker DTG printing systems and M&R Sprint dryer AGUA PRIETA, Mexico, May 28, 2025 /PRNewswire/ -- Hundreds of lots of embroidery, screen printing, cut and sew, industrial washing and drying and related assets will go to auction on June 10 in a major textile-embellishment sale by Tiger Group and Asset Remarketing International. The machinery and equipment (M&E) and inventory come from a 90,000-square-foot textile and apparel embellishment facility in Mexico's northeastern Sonora state across from Douglas, Arizona, on the Mexico-U.S. border. Additionally, Tiger consigned to the auction three 2021 M&R high-speed, direct-to-garment (DTG) POLARIS™ Stryker printing systems, as well as a 2021 M&R Sprint 3000 dryer—all located in the United States. Situated in North Carolina and Arizona, the Stryker systems include white print engines, pretreat engines, color print engines and scan flashers. The 20-ft. x 6-ft. Sprint dryer in Kentucky includes a special drone panel cleanout. The timed, online auction closes on Tuesday, June 10, at 10:30 a.m. (PT). Bidding opens Tuesday, June 3, at 10:30 a.m. (PT) at "This complete, high-capacity maquiladora is packed with M&E that is already triggering strong interest from cut-and-sew and textile-embellishment operations on both sides of the border," said John Coelho, Senior Director of Tiger Commercial & Industrial. "It is a fantastic opportunity." The offer includes 175 industrial sewing machines by the likes of Juki, Jack, Maaxsew and Pegasus, as well as highly popular carousel screen printing machines such as the Sabre Workhorse, M&R Sportsman, M&R Alpha 8 and M&R Gauntlet. Twenty-five automatic screen-printing presses are available in the sale, including digital Kornit Avalanche HD6 printers. The assets include needle positioners, auto sleeve hemmers, auto thread trimmers, needle machine control boxes, slitters, fabric inspection and spreading tables, webbing and textile cutting machines and cutting and straight knives. "It's everything a cut-and-sewing operation would need for a new or expanded facility," Coelho said. Bidders will also find single- and multi-head embroidery machines, some of which are unused, from Tajima (TFMX-IIC1506) and CamFive EMB (oversized, 20 head). Additional highlights of the sale include: Screen printing and direct-to-garment equipment modular gas dryers laser printer for screenprint frames direct laser image exposure unit flash cures quartz flash RapidTag LP-1 automatic tag printer textile spot cleaning guns flood bars brush supports tunnel dryers paddles drying and screen developing systems from ROQ, Saati, Graphic Parts International (G.P.I.), Interchange Equipment Inc., Ranar Industries, A.S.P.E., Practix (OK-16CP) Sign Display Cutter Summa F Series F1612 Flatbed Cutter Industrial washers and dryers assets from Pellerin Milnor Corporation-Unimac, PMC, Consolidated Laundry Machinery, MSI Apparel and blanks tens of thousands of T-shirts, sweatpants, sweatshirts and hoodies, bikinis, bottle openers, cup holders, cardigans, both printed and blank General plant support equipment water heating systems, compressors, air dryers and transformers The sale comes at a time when Tiger and its sale partners are increasingly assisting textile-embellishment and cut-and-sewing operators seeking secondary-market M&E, Coelho noted. "The assets becoming available are extraordinary," he said, adding that the digital, state-of-the-art U.S. equipment now included in the sale "can expand your capabilities dramatically and are highly coveted in the industry." For asset photos, descriptions, and other information, visit: Inspections are available on Monday, June 9, from 10 a.m. to 4 p.m. (PT). To arrange an inspection or obtain other information, email: auctions@ or call (805) 497-4999. For more information and to explore a turnkey opportunity, contact John Coelho via Email: jcoelho@ or call (617) 797-0430. Media Contacts: At Tiger Group, Maria Hoang, (805) 497-4999 395776@ At Jaffe Communications, Elisa Krantz, (908) 789-0700, 395776@ View original content to download multimedia: SOURCE Tiger Group
