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.