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Ology Bioservices, Inc

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Ology Bioservices, Inc - Healthcare showcase

Year Founded & Workforce

1999

800 Employees

Industry

Healthcare
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Ology Bioservices, Inc Overview

Company Headquarters: Florida, US

Founded: 1999

Workforce: ~800

Company Working: Ology Bioservices, Inc. is an integrated biopharmaceutical company that develops and manufactures biopharmaceuticals and medical devices. It specializes in cell therapy, gene therapy, viral vectors, antibodies, oncolytic viruses, biopharmaceutical manufacturing, and vaccines. It has collaboration and partnerships with recognized government agencies, namely the Department of Defense and Medical Countermeasures Advanced Development and Manufacturing, which support it in developing biodefense products. Moreover, it has decades of experience in developing, licensing, and manufacturing proteins, therapeutics, and vaccines. It develops products to offer both commercial customers and US governments.

Furthermore, it is a wholly owned company of National Resilience, Inc. (US), and assisting Resilience through its services includes regulatory support from preclinical through licensure and cGMP manufacturing up to biosafety level 3 (BSL3).

Strategy

Ology Bioservices, Inc. is emphasizing providing unique and innovative products associated with medical countermeasures. It is focusing on building relations with government agencies and collaborating with them to develop biodefense products to fulfill the local, national, and international needs of the government. Moreover, it is raising funds to meet the emergency demand of the government for biodefense products and signing contracts. Furthermore, it is focusing on forming major strategic alliances to commercialize and assist the government in combating emerging diseases.

Company Snapshot

800

Employees

1999

Founded

Florida, US

Headquarters

Key Developments

DateApproachDevelopment
February 2022InvestmentOlogy Bioservices, Inc. contracted with the US Department of Defense and secured USD 250 million for botulinum neurotoxin treatment (BoNT). This funding has been utilized to develop monoclonal antibodies for medical countermeasures (MCM) for the treatment of BoNT.
June 2020InvestmentOlogy Bioservices, Inc. contracted with the US Department of Defense (DoD) through the Joint Science and Technology Office of the Defense Threat Reduction Agency (DTRA) and the Joint Program Executive Office for Chemical, Biological, Radiological, and Nuclear Defense (JPEO-CBRND) and secured USD 42.6 million for the development of anti-botulinum neurotoxin monoclonal antibodies (mAb). This contract assisted in bringing innovation options for medical countermeasure development and was a milestone for both DoD and Ology.
April 2020CollaborationOlogy Bioservices, Inc. collaborated with Evotec Biologics (US) and received an award amount from the DoD to develop and manufacture monoclonal antibodies for the treatment of COVID-19.
March 2020PartnershipOlogy Bioservices, Inc. partnered with Inovio Pharmaceuticals (US) in order to manufacture the COVID-19 DNA vaccine Department Of Defense. This partnership invested approximately USD 11.9 million in an initial phase to develop the COVID-19 vaccine.
August 2019AgreementOlogy Bioservices, Inc., and Blue Water Vaccines (US) signed an agreement to develop and manufacture a novel universal influenza vaccine. This vaccine is based on technology licensed from the prestigious University of Oxford (UK).
April 2019InvestmentOlogy Bioservices, Inc. received two contracts valued at USD 135.4 million from DOD. The first one is for the development of medical countermeasures, and the second is for the development of new technology platforms.

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