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Development of vaccines is a long-term commitment and this is reflected in the length of the agreement between the parties. (Photo Credit: PHARMAQ)

AquaBio Tech Signs Contract for Clinical Research with PHARMAQ AS

  (MALTA, 10/9/2013)

The AquaBioTech Group has announced that it has signed a three year contract with a three year option for extension for clinical research with PHARMAQ AS from Norway.

The two companies have already been collaborating for over one year, but this new agreement will see a significantly larger amount of scientific research and development work being undertaken in Malta.

The AquaBioTech Group has developed number of highly efficient and cost effective recirculation aquaculture systems (RAS) for hatchery, broodstock and on-growing operations.

The clinical research focuses around the development and documentation of aquatic vaccines for fish grown in Mediterranean aquaculture, but the facility also offer research opportunities with other warm water species.

Customized RAS facilities for research

Development of vaccines is a long-term commitment and this is reflected in the length of the agreement between the parties.

PHARMAQ AS choose the AquaBioTech Group to undertake the research as they offer one of the largest privately owned licensed aquatic research facility in the world and have developed unique, state-of-the-art recirculation aquaculture systems that also saw the company win the title of Country finalist for Innovation in the 2012/13 HSBC European Business Awards.

The new contract will see the AquaBioTech Group increase its own research infrastructure and staff so as to provide seven dedicated research modules and laboratory facilities to PHARMAQ AS.

About AquaBioTech Group

The AquaBioTech Group was established in Malta in 1998 and employs over twenty staff at its Malta facilities, as well as a number of personnel in other countries.

The majority of the company’s work is related to the marine or aquatic environment, encompassing aquaculture developments and market research.

Over the years the company has established itself as one of the leading aquatic consulting, development and research entities with clients and projects in over fifty-five countries.

About PHARMAQ AS

PHARMAQ is a leading pharmaceutical company specializing in aquaculture

A Norwegian company that traces its history back to 1985, PHARMAQ AS is the world’s leading producer of aquatic vaccines with over 500 million vaccine doses delivered in 2012.

PHARMAQ`s vaccines are manufactured in a state-of-the-art production facility in Overhalla, Norway. Administration and Research and Development activities are based in Oslo, Norway.

With subsidiaries in Chile, United Kingdom, Vietnam and Turkey, PHARMAQ has around 165 employees.

PHARMAQ`s products are marketed in Europe, North and South America and Asia through an extensive network of distributors and wholesalers.

Source: 
AquaBioTech Group

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Margaret E.L. Stacey
Editor Companies and Products

[email protected]
www.fis.com


Information of the company:
Address: Central Complex, Naggar Street, Targa Gap,
City: Mosta
State/ZIP: (MST 1761)
Country: Malta
Phone: +356 2141 9092
Fax: +356 2134 1360
E-Mail: [email protected]
Skype: aquabiotech
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