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BioVision Sells ImVision Spin-Off to Swiss Investment Shop

NEW YORK, May 3 (GenomeWeb News) - Germany-based peptide-identification company BioVision has sold its ImVision spin-off to Swiss life-science investment company Nextech, the company said today.

 

ImVision develops immunotherapeutics based on its Modular-Antigen-Transport technology to treat allergic diseases, infectious diseases, and "possibly" cancer. The technology was developed by BioVision and the Swiss Institute of Allergy and Asthma Research.

 

As a biological research organization, BioVision offers "mainly" services for peptide biomarker discovery "but pursues also selected in-house research projects," BioVision Chief Business Officer Rainer Voegeli said in a statement. "It is the policy of BioVision to partner or to sell projects which have reached development status. ImVision is the first, others will follow."

 

Financial terms of the sale were not disclosed.

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