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Celularity Reiterates Strategic Commercialization Partnership with NEXGEL Focused on Building Biomaterials Franchise with Established Commercial Products and New 510(k) Pathway Product Opportunities
Globenewswire· 2026-03-12 12:30
Core Insights - Celularity Inc. has announced a strategic commercialization partnership with NEXGEL, Inc. to leverage regulatory clarity around placental-derived biomaterials and enhance sales and market share, with the transaction expected to close by April 15, 2026 [1][4] Company Overview - Celularity Inc. focuses on regenerative and cellular medicine, developing therapies from postpartum placenta to target aging and age-related diseases [3] Partnership Details - The partnership allows Celularity to concentrate on contract manufacturing, where it has a proven track record in cost-efficient biomaterial production at a pharmaceutical-grade level [2] - NEXGEL is identified as an ideal partner due to its disciplined approach and ability to drive market growth across various industry verticals [2] Product and Manufacturing - Celularity will exclusively manufacture licensed products at its FDA-compliant facility in Florham Park, New Jersey, supporting scalable production for both commercial products and next-generation therapies [7] - The partnership includes established commercial products like Biovance and potential market disruptors from pipeline programs such as SPARK, FUSE, and ORCHID [7]
Celularity and DefEYE, Inc. Partner to Advance Growth of Regenerative Therapies in Eye Care
Globenewswire· 2025-10-30 12:00
Core Insights - Celularity Inc. has formed a strategic partnership with DefEYE, Inc., focusing on regenerative therapies in eye care through an exclusive license and pricing arrangement [1][3] - DefEYE aims to leverage Celularity's expertise and biologics portfolio to enhance its offerings in the ophthalmic market, with a significant sales growth of nearly 70% in 2024 compared to the previous year [2][3] - The partnership is expected to facilitate the launch and scaling of decellularized biologic solutions for eye care, with Celularity serving as the exclusive contract manufacturer for DefEYE's products [2][5] Company Overview - Celularity Inc. specializes in regenerative and aging-related cellular medicine, developing advanced biomaterial products and cell therapies derived from postpartum placenta [5] - DefEYE, Inc. is focused on transforming therapeutic approaches in eye care, delivering innovative decellularized biologic solutions for various ocular conditions [6] Strategic Implications - The collaboration is seen as a strategic opportunity for both companies, aligning their capabilities to drive innovation in the eye care sector [3][5] - Celularity's investment and licensing agreement reflect its commitment to expanding into new markets and enhancing its portfolio of commercial products [3][5]