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The Department of War's Office of Strategic Capital (OSC) announced today an $80 million conditional loan commitment with Antheia, Inc. to scale the company's domestic production of key starting materials (KSM) and active pharmaceutical ingredients (API) for generic pharmaceutical drugs. The OSC investment, alongside additional private capital, is intended to support Antheia's domestic biomanufacturing efforts to secure critical medicine supply chains.
Today, the vast majority of KSMs and APIs are manufactured outside the United States. OSC's conditional loan commitment to Antheia would help address this reliance on foreign production while directly advancing President Donald J. Trump's Executive Order 13944, Ensuring Essential Medicines, Medical Countermeasures, and Critical Inputs Are Made in the United States. Antheia specializes in using bioengineered yeast to convert sugar directly into KSMs and APIs in a one-step fermentation process. The company's U.S. manufacturing operations would onshore production of essential medicines and enable the rapid repurposing of manufacturing capacity to address sudden changes in demand.
"Antheia's biosynthesis platform represents an innovative method to establish cost-effective domestic supply chains which enable to the United States to compete globally. We are pleased to support Antheia's domestic biomanufacturing, which would represent an important step in strengthening the essential medicines supply chain in the United States," said David A. Lorch, Director of the Office of Strategic Capital and Senior Advisor to Deputy Secretary of War Steve Feinberg.
Due to a lack of available and adequate domestic manufacturing capacity, Antheia currently produces its pipeline of KSMs and APIs with contract manufacturing partners abroad. OSC's conditional financing would enable Antheia to establish its U.S. manufacturing operations, onshore essential medicine supply chains, and ultimately reduce the risk of essential medicine shortages.
"OSC's investment in Antheia represents an exciting opportunity to establish domestic supply chains for the production of KSMs and APIs that are critical to our most important pharmaceuticals," said Akshaya Trivedi, Managing Director (Investments) with OSC.
The conditional loan commitment specifies additional steps Antheia must complete before financial close, including satisfying various financial, legal, technical, investment, due diligence, and other requirements.
"I applaud the Office of Strategic Capital on this important conditional investment which advances the onshoring of pharmaceutical supply chains. Biomanufacturing is one of the Department of War's six critical technology areas, making domestic production an imperative," said Emil Michael, Under Secretary of War for Research and Engineering.
https://x.com/DoWCTO/status/2111931851438792998
https://www.war.gov/News/Releases/Release/Article/4628105/department-of-wars-office-of-strategic-capital-signs-80-million-conditional-loa/
Closing our "25 Years Decoded: NSA & 9/11" series: NSA Deputy Director Tim Kosiba recounts working in a forensic lab on 9/11, the instant shift to protecting families, the rise of Tailored Access Operations (TAO), and his pledge to keep “never again” alive. Learn more. #25YearsDecoded #NSAstories #WeWillNeverForget
https://x.com/NSAGov/status/2111917819684143297
That stunned French lady .. she's a member of the French left-wing party and an activist, one of the biggest advocates for opening up migration to North African peoples, and she defends them every time they cause a disaster or catastrophe, accusing others who want to stop the flood of these savages of racism …
She owns a small chic boutique in an upscale spot, she stood in her shop trying to save it from looting and theft, and because she's a famous activist
she tells them I'm so-and-so, the activist for asylum, I'm with you, I've defended you and your entry and stay in France, they spat on her, knocked her down, and trampled her with their feet, good thing she's still alive
And they looted the whole shop, the lady ended up on the iron bars, losing all the struggle and work of her lifetime in a moment ..
Standing there stunned, not believing that these thieving, rabble-rousing, criminal, barbaric hordes are the ones she's spent her whole life defending, and advocating for them to invade her country and destroy it
Because of her fame in defending North African refugees, all the French media yesterday was carrying her story and her picture in front of her looted shop, poor thing, her whole life wasted and she can't believe the extent of her stupidity that brought France to this ruin and destruction
https://x.com/Aly_El_Maghraby/status/2111875615326396838
what are the odds that the events that took place had absolutely zero impact on her viewpoint in life?! would not surprise me one bit