Avecho Biotechnology Ltd - Company Profile
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Avecho Biotechnology Ltd (Avecho) is a research-driven biotechnology firm that develops and commercializes human and animal health products. The company’s product portfolio includes daptomycin, propofol injection, oxymorphone patch, diclofenac gel, oxycodone patch, tretinoin gel and transdermal opioid patches. Its products are used in various applications including injectable dosage forms, feed additives, oral dosage forms, and topical and transdermal dosage forms. Avecho also develops cannabinoid products in partnership with major drug manufacturers. The company markets products under Vital ET, Voveran, Instanac, and TPM brand names. The company collaborates with partners like Novartis and Themis Medicare for product commercialization. It has business presence in Australia, India, Switzerland, France and the US. Avecho is headquartered in Clayton, Victoria, Australia.
Avecho Biotechnology Ltd premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Vital-ET | TPM |
| Pipeline: | Vital ET |
| Pharmaceutical Cannabinoids: | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Others | In August, the company has received a placement to support a landmark clinical study testing its proprietary TPM-enhanced CBD soft-gel capsule for the treatment of insomnia. |
| 2023 | New Products/Services | In June, the company has completed the development of its first edible dosage forms with TPM and Cannabinoids. |
| 2023 | Contracts/Agreements | In May, the company entered into a partnership with Procaps Group to manufacture oral CBD softgel capsules. |
Competitor Comparison
| Key Parameters | Avecho Biotechnology Ltd | Jazz Pharmaceuticals Plc | Little Green Pharma Ltd | Botanix Pharmaceuticals Ltd | Bod Science Ltd |
|---|---|---|---|---|---|
| Headquarters | Australia | Ireland | Australia | Australia | Australia |
| City | Melbourne | Dublin | Perth | Perth | Sydney |
| State/Province | Victoria | Dublin | Western Australia | Western Australia | New South Wales |
| No. of Employees | 29 | 2,890 | - | 50 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Gregory Collier | Chairman | Executive Board | 2020 | - |
| Paul Gavin | Chief Executive Officer | Senior Management | 2020 | - |
| Roksan Libinaki | Chief Operating Officer | Senior Management | 2020 | - |
| Melanie Leydin | Chief Financial Officer; Secretary | Senior Management | - | - |
| Ross Murdoch | Director | Non Executive Board | 2019 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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