Avecho Biotechnology Ltd
Avecho Biotechnology Limited is an Australia-based biopharmaceutical company.
The business
Avecho Biotechnology Limited is an Australia-based biopharmaceutical company. The Company develops and commercializes human and animal health products using its proprietary drug delivery system called Tocopheryl Phosphate Mixture (TPM). TPM is derived from Vitamin E using proprietary and patented processes. The Company's segments include Production and Human Health. The Production segment manufactures and sells TPM and Vital ET for use in drug delivery and cosmetic formulations. The Human Health portfolio covers delivery of pharmaceutical products through gels, injectables and patches, including conduct of research and development activities. The Company's products pipeline includes Weaner Pig Starter TPM Premix, Poultry TPM Premix, Dairy TPM Premix, Daptomycin, Propofol, Veterinary Applications, among others. Its TPM products are commercialized under license: Voveran TPM Gel, Instanac TPM Gel, Vital ET, and Ashland TPM.
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Latest news

Avecho Biotechnology Restarts Final Recruitment Stage for Key Insomnia Trial
Avecho restarts final recruitment for Phase III insomnia trial; 320 more participants to reach 519 after positive interim DMB, de-risked with ~12-month plan.

Avecho Biotechnology Advances Phase III Insomnia Trial to Full Enrolment Size
Avecho Biotechnology Phase III insomnia trial moves to full enrolment after DMB recommendation; no serious adverse events in first 244 participants.

Avecho Biotechnology Receives US and EU Patent Allowances for Proprietary CBD Soft-Gel Capsule
Avecho Biotechnology (ASX: AVE) has received patent allowances from both the US Patent and Trademark Office and the European Patent Office for its cannabidiol (CBD) TPM soft-gel capsule.

Avecho Biotechnology advances CBD insomnia trial with Sandoz licensing deal and funding
Avecho Biotechnology (ASX: AVE) has received a maiden payment of approximately $4.7 million (US$3m) from international generic and biosimilar medicines specialist Sandoz. The payment forms part of a recently signed licensing agreement for the commercial rights to develop Avecho’s proprietary cannabidiol (CBD) product for insomnia treatment in Australia. Avecho has granted Sandoz exclusive commercial rights […]
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