Polypeptide Therapeutic Solutions acquired by Arcline Investment

TAGS

Arcline Investment Management has acquired Polypeptide Therapeutic Solutions (PTS), a Spanish manufacturer of polyaminoacid-based drug delivery systems, from Columbus Venture Partners.

The financial terms of the deal were not disclosed by the parties.

Polypeptide Therapeutic Solutions is engaged in manufacturing polyamino-acid (PAA) based nanoparticle encapsulation technology for advanced drug delivery applications, which include mRNA, DNA, gene therapies, cell therapies, vaccines, biologics, and small molecule therapies.

Arcline Investment Management stated: “We believe that the success of nanoparticle delivery technologies in COVID-19 mRNA vaccines has permanently accelerated the funding, development, and adoption of these advanced drug delivery systems.

See also  Amazon Web Services announces monumental €15.7bn investment in Spain

“PTS’ technology seeks to improve the efficiency, targeting, and safety profile of delivery systems for novel therapeutics, bringing urgently needed treatments to patients across multiple disease areas. We are excited to invest in PTS’ continued growth through the expansion of its GMP production and its technology portfolio.”

Arcline Investment Management acquires Polypeptide Therapeutic Solutions

Arcline Investment Management acquires Polypeptide Therapeutic Solutions. Photo courtesy of Tumisu from Pixabay.

The service offerings of Polypeptide Therapeutic Solutions are preclinical development, GMP manufacturing, technology transfer, and fill & finish services.

See also  Grifols to acquire German healthcare company Biotest for €1.6bn

Jose Vicente Pons Andreu – CEO of Polypeptide Therapeutic Solutions said: “Arcline is the right partner for us at a critical time when we must invest to meet our customers’ needs for scale in GMP production. They quickly saw the potential for our PAA technology platform to enable safer and more precise drug delivery.

See also  Grupo Bimbo to acquire Paterna bread factory in Valencia from Cerealto Siro

“We look forward to working with them to expand our manufacturing footprint, accelerate our business development efforts, and bring new technologies to commercial scale.”


Discover more from Business-News-Today.com

Subscribe to get the latest posts sent to your email.

CATEGORIES
TAGS
Share This