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Mitsubishi Tanabe Pharma Corporation Message Board

  • caseno_98 caseno_98 Aug 6, 2014 3:36 PM Flag

    Mitsubishi Tanabe takes over Medicago!

    Another tobacco giant-backed company working on biotech drugs grown in tobacco plants is Medicago Inc. in Quebec City, which is owned by Mitsubishi Tanabe Pharma Corp. and Philip Morris.

    Medicago is working on testing a vaccine for pandemic influenza and has a production greenhouse facility in North Carolina, said Jean-Luc Martre, senior director for government affairs at Medicago. Medicago is planning a final stage trial of the pandemic flu vaccine for next year, he said in a telephone interview.

    The plant method is flexible and capable of making antibodies and vaccines for numerous types of viruses, said Martre. In addition to influenza, the company's website says it is in early stages of testing products for rabies and rotavirus.
    Medicago Partners

    Medicago ‘‘is currently closely working with partners for the production of an Ebola antibody as well as other antibodies that are of interest for bio-defense," he said in an e-mail. He would not disclose who the partners were.

    Sentiment: Strong Buy

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