SUNNYVALE, CA--(Marketwire - April 22, 2009) - Symyx Technologies, Inc. (NASDAQ: SMMX) today
announced the launch of the Symyx Contract Development and Manufacturing
Organization (CDMO). The Symyx CDMO helps biopharmaceutical companies move
promising drug candidates to clinical trials faster and more reliably with
integrated formulation development, and preclinical and CGMP fill/finish
manufacturing.
"After discovery, the next critical milestone in drug development is
getting to clinical trials quickly with a reliable formulation. The Symyx
CDMO provides clients a faster, more reliable route to clinical trials,"
said Richard Boehner, president of Symyx High Productivity Research (HPR).
"We do this by combining unsurpassed formulation expertise,
high-productivity research technology and CGMP clinical manufacturing in a
single facility."
With expertise in preformulation development, formulation optimization and
stability, and analytical method development, the Symyx CDMO enables faster
development of highly optimized and robust drug formulations, so that
clinical trials test the efficacy of drug candidates, not the limitations
of the formulation. In addition, the Symyx CDMO offers full service
fill/finish execution for delivering drug products manufactured under CGMP
conditions while maintaining the integrity of drug substances and meeting
preclinical and Phase I and II clinical trial schedules.
Symyx has more than a decade of experience helping clients -- from small
biotechnology start-ups to the large pharmaceutical companies -- develop
stable, robust drug formulations. Byeong Chang, chief scientific officer of
the Symyx CDMO, is a pioneer and industry leader in large-molecule
formulation development, with nearly two decades of biopharmaceutical
experience.
"Symyx has a history of accelerating drug formulation breakthroughs,
performing formulation development for more than 70 companies, and
successfully completing 80 formulation projects," said Chang. "With more
than 120 years of collective formulation development experience, the Symyx
CDMO team has the experience biotechnology and pharmaceutical companies
need to achieve critical drug development milestones."
Symyx Technologies is an innovative pioneer in microscale, parallel
experimentation and advanced scientific informatics to deliver better
formulations faster from less drug substance. The company has more than 300
patents covering its software, equipment and processes.
For more information on the Symyx CDMO visit http://www.symyx.com/CDMO or
contact biopharm.info@symyx.com.
About Symyx
Symyx Technologies, Inc. (NASDAQ: SMMX) enables companies in life sciences,
chemicals and energy, and consumer and industrial products to transform
scientific R&D and achieve extraordinary breakthroughs in productivity and
return on investment. Symyx scientific information management enables
scientists to design, execute, analyze, and report experimental results
faster, easier, and less expensively. Symyx microscale, parallel
experimentation enables a single scientist to rapidly explore a broad
experimental space and develop comprehensive data sets in days -- not weeks
or months. Symyx contract research delivers these advantages on a project
basis and enables companies to increase R&D productivity, agility, and
flexibility. Information about Symyx, including reports and other
information filed by Symyx with the Securities and Exchange Commission, is
available at www.symyx.com.