Contract development and manufacturing organization (CDMO) Hovione announced it has re-joined the membership of the Instituto de Biologia Experimental e Tecnológica (iBET). In 1989, Hovione was a founding member of iBET.
In order to increase the scope and strength of its research and development programs in the areas of novel and high potential pharmaceutical technologies, Hovione has chosen to build on the existing knowledge and expertise of Portuguese academia. Hovione is known worldwide for the process development, manufacture, and formulation of small molecules. Over the past 6 years Hovione was the key technical partner behind 24 of the 273 NDAs FDA approved, an 8% share.
The partnership with IBET will take Hovione to new technology frontiers. The Covid-19 pandemic has catalyzed an acceleration of scientific progress, outlining the power of new treatment modalities to fight diseases. The objective is to combine state-of-the-art knowledge from both partners to create strong industrial innovation in new therapeutic fields. The challenge is not trivial and will require more than the combined know-how, skills and capabilities of iBET and Hovione.
“We are delighted with the return of Hovione to the membership of iBET,” said Paula Alves, CEO, iBET. “Our goal is to strengthen the R&D capabilities of our members, this important partnership with Hovione will allow to pool together complementary scientific competencies and power the development of biopharmaceuticals that are essential to patient health. To win in the area of biologics and novel therapies it is critical to have access to state-of-the art competencies and support technologies.”
Guy Villax, CEO of Hovione, said, “The partnership with IBET opens a new chapter in Hovione's history. We will bring together our knowledge in chemistry, in cutting-edge technologies, of the market and of the FDA regulatory process with iBET’s command of cell biology, viral biology and bioprocessing. If the twentieth century was the century of chemistry, the 21st century is the one of biology. iBET scientists have built deep knowledge in specific areas, we plan to work together to turn that knowledge into industrial innovation.”
Manuel Carrondo, Vice President, iBET, said, “Hovione was a founding member of iBET and I had the privilege to meet Ivan Villax, a remarkable scientist and entrepreneur open to the world stage where Hovione plays a key role since its foundation. The experience in international collaborations and the complementary competencies that Hovione an iBET have built over the past 25 years in a parallel fashion will now combine in what I expect to be a fruitful collaboration.”
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