{"id":18056,"date":"2023-04-25T22:41:00","date_gmt":"2023-04-25T22:41:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4079782_AE79782_0"},"modified":"2023-04-25T22:41:00","modified_gmt":"2023-04-25T22:41:00","slug":"bridgewest-perth-pharma-to-commercialize-sterile-injectable-drugs-under-lumacina-business-unit","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=18056","title":{"rendered":"Bridgewest Perth Pharma to commercialize Sterile Injectable drugs under LumaCina business unit"},"content":{"rendered":"<table name=\"logo_release\" border=\"0\" cellspacing=\"10\" cellpadding=\"5\" align=\"right\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/1850792\/Bridgewest_Group_Logo.jpg?p=medium600\" border=\"0\" alt title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span class=\"xn-location\">MIAMI<\/span> and <span class=\"xn-location\">PERTH, Australia<\/span>, <span class=\"xn-chron\">April 26, 2023<\/span> \/PRNewswire\/ &#8212; Global private investment firm, <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3845983-1&amp;h=2890659809&amp;u=http%3A%2F%2Fwww.bridgewestgroup.com%2F&amp;a=Bridgewest+Group\" target=\"_blank\" rel=\"nofollow noopener\">Bridgewest Group<\/a>, recognized for developing innovative companies in life sciences, software, and deep tech, establishes LumaCina business unit under Bridgewest Perth Pharma in <span class=\"xn-location\">Perth, Australia<\/span>. The newly created business leverages the acclaimed team and production facility recently acquired by Bridgewest Group from Pfizer (<span class=\"xn-location\">Perth<\/span>) Pty Ltd, a subsidiary of Pfizer, Inc., plus the addition of newly expanded capabilities, most notably, R &amp; D. LumaCina will commercialize sterile injectable drugs in global markets and is actively expanding its portfolio through increased production under LumaCina branding.<\/p>\n<div id=\"prni_dvprnejpg6688left\" dir=\"ltr\"> <a href=\"https:\/\/mma.prnasia.com\/media2\/2062222\/Bridgewest_Group_Jon_Kafer.jpg?p=medium600\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" id=\"prnejpg6688left\" title=\"\u201cOur recent acquisitions in Australia are a reflection of the importance we place in meeting the growing demand for high quality pharmaceuticals, both regionally, and globally. LumaCina increases our ability to help healthcare professionals readily access quality sterile injectable medicines when they need them,&quot; said Jon Kafer, President LumaCina\" src=\"https:\/\/mma.prnasia.com\/media2\/2062222\/Bridgewest_Group_Jon_Kafer.jpg?p=medium600\" alt=\"\u201cOur recent acquisitions in Australia are a reflection of the importance we place in meeting the growing demand for high quality pharmaceuticals, both regionally, and globally. LumaCina increases our ability to help healthcare professionals readily access quality sterile injectable medicines when they need them,&quot; said Jon Kafer, President LumaCina\" align=\"middle\"><\/a> <br \/><span>\u201cOur recent acquisitions in Australia are a reflection of the importance we place in meeting the growing demand for high quality pharmaceuticals, both regionally, and globally. LumaCina increases our ability to help healthcare professionals readily access quality sterile injectable medicines when they need them,&#8221; said Jon Kafer, President LumaCina<\/span> <\/div>\n<p><span class=\"xn-person\">Jon Kafer<\/span> has been appointed President of <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3845983-1&amp;h=3567472217&amp;u=https%3A%2F%2Flumacina.com.au%2F&amp;a=LumaCina\" target=\"_blank\" rel=\"nofollow noopener\">LumaCina<\/a>. He also serves as Chief Commercial Officer of <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3845983-1&amp;h=808950106&amp;u=https%3A%2F%2Fbridgewestperthpharma.com.au%2F&amp;a=Bridgewest+Perth+Pharma+Pty+Ltd\" target=\"_blank\" rel=\"nofollow noopener\">Bridgewest Perth Pharma Pty Ltd<\/a>, a subsidiary of Bridgewest Group. &#8220;Our recent acquisitions in <span class=\"xn-location\">Australia<\/span> are a reflection of the importance we place in meeting the growing demand for high quality pharmaceuticals, both regionally, and globally. LumaCina increases our ability to help healthcare professionals readily access quality sterile injectable medicines when they need them. At present about 95% of our production stays in the <span class=\"xn-location\">Australia<\/span>\/<span class=\"xn-location\">New Zealand<\/span> region, but our growth will soon change our reach,&#8221; says Kafer.<\/p>\n<p>&#8220;We view our role in the industry as a value creator. We tap our intrinsic entrepreneurial spirit, pumping in resources and forward-looking technology, while keeping customers close. We&#8217;re building on the 20-year Pfizer Perth legacy to bring forth new jobs, increased product availability, new injectable medicines and a grand vitality to a region poised to become a global leader,&#8221; says <span class=\"xn-person\">Masood Tayebi<\/span>, Co-Founder and Chief Executive Officer of Bridgewest Group.<\/p>\n<p>Initially, LumaCina will commercialize a select portfolio of sterile injectable drugs for customers previously served by Pfizer, before <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3845983-1&amp;h=2373715065&amp;u=https%3A%2F%2Fwww.bridgewestgroup.com%2Fcompany-news%2Facquisition-completed-perth-manufacturing-facility-from-pfizer&amp;a=Bridgewest+Group%27s+acquisition+of+the+Perth+facility\" target=\"_blank\" rel=\"nofollow noopener\">Bridgewest Group&#8217;s acquisition of the <span class=\"xn-location\">Perth<\/span> facility<\/a>.&nbsp;&#8220;We&#8217;re already in conversations with pharma companies discussing licensing opportunities to bolster our portfolio. Our stellar regulatory history across multiple regulatory agencies in many countries enables us to market products to areas where drug developers have not yet obtained licensing, adding significant value for several companies,&#8221; said Kafer.<\/p>\n<p><b>About LumaCina <\/b><\/p>\n<p><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3845983-1&amp;h=3567472217&amp;u=https%3A%2F%2Flumacina.com.au%2F&amp;a=LumaCina\" target=\"_blank\" rel=\"nofollow noopener\">LumaCina<\/a>&nbsp;is a fully integrated global supplier of sterile injectable pharmaceutical drugs located in <span class=\"xn-location\">Perth Australia<\/span>. The team and the facility have a 30-year history of producing high quality injectables with supply reliability and an exemplary regulatory record, most recently under the ownership of Pfizer (<span class=\"xn-location\">Perth<\/span>) Pty Ltd. LumaCina is investing in technology, equipment, and expanded capabilities including R &amp; D, growing a robust pipeline across its portfolio of essential injectable medications, spanning high potency, blow fill seal and multi format vials. LumaCina is a Bridgewest Group Portfolio Company.<\/p>\n<p><b>About Bridgewest Group<\/b><\/p>\n<p><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3845983-1&amp;h=2877498764&amp;u=https%3A%2F%2Fwww.bridgewestgroup.com%2F&amp;a=Bridgewest+Group\" target=\"_blank\" rel=\"nofollow noopener\">Bridgewest Group<\/a>&nbsp;is an innovative and privately held global investment firm with over <span class=\"xn-money\">$3B<\/span> in private capital. Founded in 1999, the global firm has earned a long-standing reputation for creating and scaling transformational businesses to achieve outsized success. Bridgewest Group leverages its expertise and global eco-community in key sectors where it can have the greatest impact including Life Sciences, Software, Semiconductor and Artificial Intelligence\/Deep Tech. Customized financial investment services and diverse real estate holdings augment equity assets and support portfolio companies as they grow. Bridgewest Group is based in the US, with investments primarily in the US, <span class=\"xn-location\">Europe<\/span>, <span class=\"xn-location\">China<\/span>, and Australasia.<\/p>\n<p>US Media Contact: <span class=\"xn-person\">Jenny Bourbiel<\/span>, <a href=\"mailto:jbourbiel@bridgewestgroup.com\" rel=\"nofollow\">jbourbiel@bridgewestgroup.com<\/a><br \/>Australia Media Contact: <span class=\"xn-person\">Ian Wisenberg<\/span>, <a href=\"mailto:iwisenberg@bridgewestgroup.com\" rel=\"nofollow\">iwisenberg@bridgewestgroup.com<\/a><\/p>\n<p>Photo &#8211; <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3845983-1&amp;h=4032182496&amp;u=https%3A%2F%2Fmma.prnewswire.com%2Fmedia%2F2062222%2FBridgewest_Group_Jon_Kafer.jpg&amp;a=https%3A%2F%2Fmma.prnewswire.com%2Fmedia%2F2062222%2FBridgewest_Group_Jon_Kafer.jpg\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/mma.prnasia.com\/media2\/2062222\/Bridgewest_Group_Jon_Kafer.jpg?p=medium600<\/a><br \/>Logo &#8211; <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3845983-1&amp;h=2594147431&amp;u=https%3A%2F%2Fmma.prnewswire.com%2Fmedia%2F1850792%2FBridgewest_Group_Logo.jpg&amp;a=https%3A%2F%2Fmma.prnewswire.com%2Fmedia%2F1850792%2FBridgewest_Group_Logo.jpg\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/mma.prnasia.com\/media2\/1850792\/Bridgewest_Group_Logo.jpg?p=medium600<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MIAMI and PERTH, Australia, April 26, 2023 \/PRNewswire\/ &#8212; Global private investment firm, Bridgewest Group, recognized for developing innovative companies in life sciences, software, and deep tech, establishes LumaCina business unit under Bridgewest Perth Pharma in Perth, Australia. The newly created business leverages the acclaimed team and production facility recently acquired by Bridgewest Group from [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":18057,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-18056","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bridgewest Perth Pharma to commercialize Sterile Injectable drugs under LumaCina business unit - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=18056\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bridgewest Perth Pharma to commercialize Sterile Injectable drugs under LumaCina business unit - My Blog\" \/>\n<meta property=\"og:description\" content=\"MIAMI and PERTH, Australia, April 26, 2023 \/PRNewswire\/ &#8212; Global private investment firm, Bridgewest Group, recognized for developing innovative companies in life sciences, software, and deep tech, establishes LumaCina business unit under Bridgewest Perth Pharma in Perth, Australia. The newly created business leverages the acclaimed team and production facility recently acquired by Bridgewest Group from [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/transmediavictoria.net.au\/?p=18056\" \/>\n<meta property=\"og:site_name\" content=\"My Blog\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-25T22:41:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnasia.com\/media2\/1850792\/Bridgewest_Group_Logo.jpg?p=medium600\" \/>\n<meta name=\"author\" content=\"admin_tony\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin_tony\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=18056#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=18056\"},\"author\":{\"name\":\"admin_tony\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#\\\/schema\\\/person\\\/5b51d407d652c0aa802bea269ea5d7e7\"},\"headline\":\"Bridgewest Perth Pharma to commercialize Sterile Injectable drugs under LumaCina business unit\",\"datePublished\":\"2023-04-25T22:41:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=18056\"},\"wordCount\":633,\"image\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=18056#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/transmediavictoria.net.au\\\/wp-content\\\/uploads\\\/2023\\\/04\\\/bridgewest-perth-pharma-to-commercialize-sterile-injectable-drugs-under-lumacina-business-unit.jpg\",\"articleSection\":[\"Business News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=18056\",\"url\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=18056\",\"name\":\"Bridgewest Perth Pharma to commercialize Sterile Injectable drugs under LumaCina business unit - 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