Neovacs S.A.
Neovacs signs production partnership with 3P Biopharmaceuticals, a leading GMP producer of biological drugs
DGAP-News: Neovacs S.A. / Key word(s): Agreement PRESS RELEASE
Neovacs signs production partnership with 3P Biopharmaceuticals, a leading GMP producer of biological drugs Agreement addresses future production needs of IFNα, Paris and Boston, November 23, 2016 – Neovacs (Alternext Paris: ALNEV), a leader in active immunotherapies for the treatment of autoimmune diseases, today announced a partnership with 3P Biopharmaceuticals, a leader in the production of biological drugs, for the manufacture of interferon alpha (IFNα). Today’s collaboration follows the recent acquisition of the technology for the manufacture of IFNα by Neovacs from AMEGABIOTECH. This license agreement will allow Neovacs to directly transfer AMEGABIOTECH’s technology to the production site of 3P Biopharmaceuticals, which will ensure the manufacture of the IFNα cytokine. As the only Spanish manufacturer of biological products in the healthcare field, 3P Biopharmaceuticals has a successful track record working with top pharma and biotech companies throughout Europe and the United States. Miguel Sieler, CEO of Neovacs, said, “This partnership is in line with the recent license agreement signed with AMEGABIOTECH. The completion of these two steps allows us to secure the complete production chain for the manufacture of IFNα, one of the primary raw materials of our most advanced product, IFNα Kinoid. In addition, the agreement complements the partnership signed earlier this year with Stellar Biotechnologies, the supplier of the other main component of our vaccine IFNα Kinoid, Keyhole Limpet Hemocyanin (KLH). Within the framework of this partnership, Stellar Biotechnologies holds 30% of Neostell, the production subsidiary of Neovacs.” Elena Erroba, Business Development Director of 3P Biopharmaceuticals, affirmed: “3P Biopharmaceuticals is very happy with this collaboration. It will allow 3P Biopharmaceuticals to contribute to a very innovative therapeutic approach, with our strong competence in the field of manufacturing high quality protein.” About 3P Biopharmaceuticals About Neovacs Technology About Neovacs Contacts Press / U.S. Inquiries – The Ruth Group [1] IFNα Kinoid: Therapeutic vaccine from Neovacs technology, which is composed of the targeted cytokine IFNα, conjugated with a carrier protein, Keyhole Limpet Hemocyanin.
2016-11-23 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English | |
Company: | Neovacs S.A. | |
3-5, Impasse Reille | ||
75014 Paris | ||
France | ||
Phone: | +33 (0)1 53 10 93 00 | |
Fax: | +33 (0)1 53 10 93 03 | |
E-mail: | www.neovacs.fr | |
Internet: | info@neovacs.fr | |
ISIN: | FR0004032746 | |
WKN: | A1CVKR | |
Listed: | Regulated Unofficial Market in Stuttgart; Open Market in Frankfurt | |
End of News | DGAP News Service |