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Article / Nov 18, 2016

A True Diversifier

Macau Business, November 18, 2016

Last Sunday, I had the opportunity to attend the St. Martens party (in Portuguese ‘Magusto’) at the Hovione premises in Taipa. For those who do not know Hovione, it is a corporation with a manufacturing plant in Macau and premises in eight other locations, from Lisbon to New Jersey, and in Mainland China, India, Japan, Hong Kong, and Ireland. Driven by the vision of its CEO, Mr. Guy Villax, it has expanded hugely over the last two decades.

It is also the reason why you read this column here in Macau. As a matter of fact, in early 2012 I was placed in Macau by the then ICEP (Portuguese external trade agency) now AICEP.

Truth be told, it is one of the sole examples of diversification of the economy in Macau.

 

Read the entire article at Macau Business

 

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Integrated approach simplifies development, reduces risk, and supports scalable manufacturing. Hovione and Industrial Design Consultancy Ltd.’s (IDC) lead single-use nasal dry powder device is now available for commercial partnerships. Hovione and IDC have completed the device design and established initial device manufacturing and supply capability, enabling pharmaceutical partners to leverage existing capsule filling infrastructure. This approach simplifies development, reduces cost and risk, and helps shorten timelines to the clinic and commercialization. “This milestone marks an important step in the evolution of our collaboration with IDC — from device innovation to a fully integrated intranasal drug delivery platform,” said Márcio Temtem, Ph.D., Vice President, Strategic Business Management, Hovione. “As the industry looks for faster, more reliable ways to bring complex therapies to patients, integration becomes critical. By bringing together nasal particle engineering science, formulation manufacturing and filling, and device technologies into a single offering, we enable a more seamless and predictable development journey, accelerating the path to market for intranasal therapies.” The nasal delivery device enables broad and targeted nasal deposition flexibility while delivering maximum usability and reliability. With a patented design and manufacturing process established, the platform is available for partnering with pharmaceutical companies on an exclusive basis as part of Hovione’s integrated offering for inhalation and nasal drug development and manufacturing. Additionally, IDC’s Managing Director, Stephen Knowles Ph.D., said the companies are now “well-advanced” with the development of a multi-use device to support an even wider range of therapies and patient needs. Read the full article at ContractPharma.com    

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