Frontage Appoints Dr. Chengwei Fang as Vice President of China Bioanalytical Services
Frontage Laboratories, Inc., announces the appointment of Dr. Chengwei Fang as Vice President, China Bioanalytical Services. In this role, Dr. Fang will be responsible for the overall leadership and strategic growth of Frontage China bioanalysis and supporting teams (PM, QC).
Frontage Appoints Dr.Xiuxiu Cheng as Chief Scientific Officer of China CMC
On April 13, 2020, Frontage Laboratories (Suzhou) Co., Ltd., a Frontage company, announced that Dr. Cheng XiuXiu has joined the CMC (Chemistry, Manufacturing, and Control) Department of Frontage China, and holds the post of chief scientist officer (CSO), and is fully responsible for the product research and Development Department in Suzhou, China.
Frontage Expands Drug Metabolism & Pharmacokinetic (DMPK) Services by Acquiring Biotranex
Exton, Pennsylvania, 01 April, 2020 – Frontage Holdings Corporation ( “Frontage” or the “Group”, 1521.HK), a contract research organization (“CRO”) providing integrated, science-driven research, analytical and development services with presence in both North America and China, today announced Frontage Laboratories, Inc.("Frontage Labs"), a wholly-owned subsidiary of the Group, entered into an equity purchase agreement with third party individuals. According to the agreement, Frontage Labs will purchase the entire equity interest in Biotranex, LLC (“Biotranex”) owned by the individual third parties.
Frontage Holdings Announces 2019 Annual Results
Revenue grew by 20.8% to US$100.4 million
Net profit grew by 64.0% to US$18.4 million
Adjusted net profit1 grew by 28.7% to US$21.4 million
Future contracted revenue increased by 48.6% to US$109.5 million
New lab space of 42,000 sq.ft and 10,000 sq.ft for bioanalytical services were expanded in China and US respectively
The planned expansion of a new facility of 71,000 sq.ft used for expanding CMC2 and bioanalytical services in US is on track
CMC service was newly offered in China / Creation of centers of excellences in DMPK was accelerated through acquisitions
Frontage China will add about 215,000 Square Feet of Lab to Expand DMPK and Preclinical Toxicology Services
On March 12, representatives of Frontage Laboratories (Shanghai) Co., Ltd. (“Frontage Shanghai”) and Suzhou Wuzhong Economic and Technological Development Zone Management Committee signed a project cooperation agreement on the leasing of a new research facility. The new laboratory building is located in No. 4 plant of Fumin Phase III High Standard, Wusongjiang Industrial Park, Wuzhong Economic and Technological Development Zone, Suzhou, China, covering an area of more than 215,000 square feet. It will be mainly used for drug metabolism and pharmacokinetic (DMPK) studies and will include an animal facility for non-GLP and GLP PK and toxicology studies.
Frontage Laboratories, Inc. Response to COVID-19 (March 2020)
Frontage is closely monitoring the outbreak of COVID-19 and following guidance from the Centers for Disease Control and Prevention (CDC), the World Health Organization (WHO) and other public health and government agencies. We are committed to ensuring the health, welfare and safety of our employees and to the best of our ability continue to the delivery of our services.
Frontage Welcomes Glenn Washer, BSc, DABT as Executive Vice President, Global Safety & Toxicology Services
Frontage Laboratories is pleased to announce that Glenn Washer, BSc, DABT has joined Frontage as our Executive Vice President, Global Safety & Toxicology Services. Glenn will report directly to Dr. Song Li, CEO.Frontage Laboratories is pleased to announce that Glenn Washer, BSc, DABT has joined Frontage as our Executive Vice President, Global Safety & Toxicology Services. Glenn will report directly to Dr. Song Li, CEO.
Frontage Completes Expansion of Bioanalytical Capacity and Capabilities to Support Biologic and Small Molecule Drug Development including Cell and Gene Therapies, Biomarkers testing and High Throughput Clinical Sample Management
Frontage Holdings Corporation is pleased to announce the expansion of its bioanalytical laboratories in Exton, PA, through its wholly-owned subsidiary, Frontage Laboratories, Inc. This includes an additional 10,000 square feet of laboratory space which further enhances bioanalytical capabilities in biologics and small molecule drug development, biomarkers, cell and gene therapy, and high-throughput clinical sample management. The expansion brings the total laboratory space in Frontage’s Exton site to 80,000 square feet.
Frontage Holdings Corporation Selected into Hang Seng Hong Kong-Listed Biotech Index
Frontage is a fast-growing contract research organization (“CRO”) providing integrated, science-driven research, analytical and development services throughout the drug discovery and development process to enable pharmaceutical companies to achieve their drug development goals. The Company benefits greatly from having operations in both the United States and China - the two largest markets for CRO services in the world and is well placed to capture growth opportunities in both markets