Hovione buys ExtremoChem to optimize formulations addressing stability issues
Portuguese contract development and manufacturing organization (CDMO) Hovione has acquired the start-up ExtremoChem for an undisclosed amount.
Also based in Portugal’s capital, Lisbon, ExtremoChem is focused on the synthesis, development and commercialization of bio-inspired synthetic sugars, targeting enhanced stabilization, reduced viscosity and delivery performance of proteins and other biopharmaceuticals.
ExtremoChem developed a library of proprietary sugars, synthetic analogues of natural molecules found in extremophiles - organisms capable of withstanding the most uninhabitable environments.
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