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Press Clipping / Nov 23, 2023

Hovione Expands Technology Platforms with ExtremoChem Acquisition

Pharmaceutical Technology, 23 November 2023

Hovione has acquired start-up company, ExtremoChem, expanding its technology platforms.

 

Specialist integrated contract development and manufacturing organization (CDMO), Hovione, has acquired ExtremoChem, which is a start-up company with a portfolio of rare sugars, expanding its technology platforms.

According to a Nov. 16, 2023 press release, the acquisition gives Hovione access to ExtremoChem’s portfolio of rare sugars. These high-performance functional materials are synthetic analogues of the natural molecules found in extremophiles–organisms that can survive in uninhabitable environments—and have shown the potential to stabilize biopharmaceuticals during production, purification, formulation, and transportation.

“Proteins and other biopharmaceuticals account for a significant share of our customers’ pipelines,” said Dr. Jean-Luc Herbeaux, CEO, Hovione, in the press release. “The acquisition of ExtremoChem’s synthetic sugars combined with Hovione's particle engineering capabilities provides our customers with a unique set of tools to optimize formulations that address stability issues encountered during the life cycle of biopharmaceuticals.”

“I am delighted that ExtremoChem has been acquired by Hovione,” added Filipe Aguiar, managing director, ExtremoChem, in the press release. “Hovione has a long history of developing and industrializing innovative technologies for the pharma industry. This acquisition will help ensure that the science we developed at ExtremoChem will have a wider and faster market adoption.”

This latest news from Hovione further bolsters the company’s position in seeking to expand its technology platforms, which it reports is needed to meet customer demand for integrated and differentiated development and manufacturing services. The acquisition of ExtremoChem adds to new partnerships forged by Hovione, such as that with H&T Presspart for the advancement of a dry powder inhaler platform and with Ripple to expand the use of the Epidel platform beyond ophthalmic applications.

 

Read the full article at PharmTech.com

 

 

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Hovione is a global contract development and manufacturing organization (CDMO) company founded in Portugal in 1959. With approximately 2,400 team members worldwide, the company provides comprehensive services for drug substances, drug intermediates, and drug products in countries around the world. Japan in particular plays a very important role in Hovione's global strategy, and in 2017 it established a Japanese subsidiary in Osaka. The company plans to actively invest in further strengthening its organization and recruiting personnel. With development labs strategically located in Lisbon, Portugal, and New Jersey, USA, Hovione consistently provides superior solutions tailored to complex pharmaceutical challenges. Hovione is recognized globally for its scientific excellence, technological innovation, and customer-centric and integrated approach. Leveraging cutting-edge capabilities in chemical synthesis, particle engineering, and formulation development, the company supports its partners throughout the entire pharmaceutical life cycle.   Read the full article in Japanese Read the article translated in English   Visit the Yakuji Nippo online      

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CDMO Hovione and biotechnology company Firstgene Life Sciences (of Xlife Sciences) have collaborated to advance Hovione’s drug delivery platform for the targeted treatment of Hepatocellular Carcinoma (HCC). “We are proud to advance the development of innovative oncology treatments that address a critical unmet need for precision gene expression at the tissue level,” said Hovione CEO Dr Jean-Luc Herbeaux. The virus-like particle technology will be engineered and functionalised for the specific carcinoma cell type using therapeutically validated AAVs, including a novel primer compound. Hovione will be responsible for molecular engineering, the supply of tailor-made virus-like particles and the execution of proof-of-concept studies. “HCC, the most common liver cancer and a leading cause of cancer-related death, continues to represent a major unmet medical need,” said Firstgene managing director Dr Alexander Zink. “The combination of Hovione’s expertise in complex chemistry and particle engineering and the commercialisation expertise of Xlife Sciences positions Firstgene well to offer patients potential new safe and effective therapy options.”   Read the full article at scientistlive.com    

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