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Vibalogics GmbH. (9/8/20). "Press Release: Vibalogics Appoints Global CEO to Lead U.S. Expansion".

Region Region United States (USA)
Organisations Organisation Vibalogics GmbH
  Group Ampersand (Group)
  Organisation 2 Ampersand Capital Partners
  Group Ampersand (Group)
Products Product contract manufacturing (biologicals)
  Product 2 private equity
Index term Index term PHW-Gruppe–Ampersand: investment, 201905 acquisition of Vibalogics GmbH by Ampersand Capital Partners
Person Person Beyer, Stefan (PHW Group 201102 Managing Director of Vibalogics GmbH)
     


Vibalogics, a global contract development and manufacturing organization (CDMO) that specializes in the production of virotherapy products, has announced today the appointment of Tom Hochuli as Chief Executive Officer as the company accelerates its U.S. expansion and global growth strategy.

Bringing over 25 years’ experience to the role, Tom is well-versed in driving business operations, having worked for some of the most renowned CDMOs and large pharmaceutical companies in the sector.

Previously head of cell and gene therapy operations for Lonza Houston, Tom will now be responsible for accelerating Vibalogics’ U.S. expansion plans and global growth trajectory as the company sets its sights on developing a late phase and commercial virus manufacturing facility on the East Coast, U.S.

Stefan Beyer, managing director and head of Vibalogics GmbH said: “We are delighted to have Tom onboard to lead our global growth strategy. His exceptional skills and understanding of the market will be essential to the success of not only our U.S. facility expansion but also the advancement of our clinical offering to drug developers across the globe. 

“In addition to leading the global vision and direction for Vibalogics, Tom will be responsible for establishing a strong leadership team and integrating our future late phase and commercial operations into our business.”

For the past 15 years Vibalogics has specialized in the manufacturing of oncolytic viruses, viral vector vaccines and viral vectors offering process development, manufacturing, testing and fill-finish services for early phase clinical trials from its 50,000 sq. ft. GMP certified facility in Cuxhaven, Germany.

The company was recently selected by Janssen Pharmaceutical Companies, a Johnson & Johnson company, as one of its manufacturing partners for its investigational COVID-19 vaccine candidate.

Commenting on his appointment, Tom added: “I’m honored to join such a dynamic, fast-growing company, particularly at such a pivotal moment in its history. I am proud to be part of such an exceptional scientific team, that sit at the forefront of oncolytic virus and viral vector process development and manufacturing.

“The next steps in Vibalogics’ journey in the United States and Germany are really exciting, we have some ambitious plans ahead of us that will provide a complete suite of virotherapy services to support drug developers and their most revolutionary products.

“I’m looking forward to supporting our growing customer base here in the North American market and becoming a more advantageous, local partner as we expand our services to include commercial batches.”

In May 2019, Vibalogics was acquired by Ampersand Capital Partners, a private equity firm specializing in growth equity investments in the healthcare sector, allowing the CDMO to further its growth strategy and fast-track its plans to extend its footprint in the United States.

For more information visit: https://vibalogics.com/


ENDS


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ABOUT VIBALOGICS

Vibalogics is a global contract development and manufacturing organization (CDMO) located in Cuxhaven, Germany, providing process development and GMP manufacturing services. Founded in 2002, the company is recognized as a leading service provider within the live biologics industry, specializing in the manufacture of oncolytic virus, viral vector vaccine and viral vector gene therapy products. Following investment from Ampersand Capital Partners in 2019, the company is set to expand its late phase and commercial services and global footprint with a facility in the United States.

For more information, please visit www.vibalogics.com.


Vibalogics GmbH

Zeppelinstraße 2
27472 Cuxhaven
Germany
+49 4721 565 400
contact@vibalogics.com


ABOUT AMPERSAND CAPITAL PARTNERS

Founded in 1988, Ampersand is a middle market private equity firm dedicated to growth-oriented investments in the healthcare sector.  With offices in Boston and Amsterdam, Ampersand leverages its unique blend of private equity and operating experience to build value and drive superior long-term performance alongside its portfolio company management teams. Ampersand has helped build numerous market-leading companies across each of our core healthcare sectors, including Brammer Bio, Confluent Medical, Genewiz, Genoptix, Talecris Biotherapeutics, and Viracor-IBT Laboratories.  Additional information about Ampersand is available at www.ampersandcapital.com.

   
Record changed: 2020-09-28

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