Breaking News, Collaborations & Alliances

Hovione and iBET Launch New Joint Venture, ViSync Technologies

Aims to develop innovative solutions to address the unmet technical needs of pharmaceutical companies in the cell and gene therapy space.

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By: Charlie Sternberg

Associate Editor, Contract Pharma

Hovione, a specialist integrated CDMO, and iBET (Instituto de Biologia Experimental e Tecnológica), a private not-for-profit research-intensive SME in the area of Biotechnology and Life Sciences, have established ​​​​​​ViSync Technologies as a jointly owned venture.  
 
This new company, headquartered in the Lisbon area of Portugal, will aim to develop innovative solutions to address the unmet technical needs of pharmaceutical companies in the cell and gene therapy space, leveraging Hovione’s extensive expertise in pharmaceutical development, Particle Engineering and industrialization of pharmaceutical technologies and iBET’s cutting-edge research in biotechnological sciences. One of the first focus areas of ViSync will be to develop technologies that improve delivery and stabilization of new modality therapies.
 
“We are delighted to join forces with iBET—a leading R&D organization in Biotechnology and Life Sciences—in the establishment of ViSync,” says Jean-Luc Herbeaux, Hovione’s CEO. “By combining Hovione´s expertise in drug formulation, manufacturing process development and scale up with iBET’s broad understanding of new modalities, we aim to devise new solutions to help pharma companies launch innovative medicines and improve health outcomes for patients.” 
 
“The creation of ViSync marks a significant milestone for iBET,” adds Paula Alves, CEO of iBET. “By combining our cutting-edge biotechnological research in the cell and gene therapy fields with Hovione’s extensive pharmaceutical development expertise, we are well-positioned to develop innovative approaches for targeted delivery and stabilization of new modality therapies. We are excited about the potential of ViSync to drive substantial advancements and deliver significant benefits to patients worldwide.”

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