Kindeva receives grant from UK Life Sciences Innovation Manufacturing Fund
Kindeva Drug Delivery, a premier global drug delivery device contract development and manufacturing organisation (CDMO), has received a grant from the U.K. Government’s Life Sciences Innovation Manufacturing Fund (LSIMF), unlocking a £33 million investment with Kindeva toward enhancing inhaler manufacturing and sustainability.
The joint funds enhance Kindeva’s capability and capacity to manufacture the next generation of green pressurised metered-dose inhalers (pMDIs) and to continue delivering ever-evolving therapies for respiratory diseases worldwide.
Kindeva global chief commercial officer David Stevens, said: “This joint investment of public and private funds creates myriad new opportunities for Kindeva colleagues within the U.K., as significant technical and regulatory expertise is required in the development and manufacturing of complex inhalation products. This investment provides Kindeva with a springboard to expand our capabilities and capacity, while simultaneously partnering with leading pharmaceutical companies around the world to bring the next generation of green inhalers to market — with a common goal of safeguarding access to necessary therapies for patients and reducing our impact on the planet.”
This investment supports global development and manufacturing of inhalers using new, lower global warming potential (GWP) propellants, while creating and safeguarding local jobs across the company’s two U.K. sites — Loughborough and Clitheroe. Additionally, this industry and government investment supports:
- New manufacturing capability and capacity in Loughborough for the next generation of green inhalers
- Green improvements to Kindeva’s underlying inhaler componentry supply chain at the company’s Clitheroe site
- Pharmaceutical companies as they make green transitions with existing products —reducing GWP emissions and helping meet sustainability targets — as well as the opportunity to bring new green inhalers and respiratory therapies to patients
The U.K. grant is the sixth investment through the LSIMF, which has supported U.K. life sciences manufacturing with £340 million in joint government and industry backing in the last financial year.