iVexSol

iVexSol

iVexSol Inc. | Intelligent Vector Solutions™. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€87—130m (Dealroom.co estimates Jan 2023.)
Worcester Massachusetts (HQ)
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DateInvestorsAmountRound

$2.2m

Seed
N/A

$250k

Seed

$13.0m

Series A
*

$23.8m

Series A
Total Funding€35.7m

Recent News about iVexSol

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iVexSol, short for Intelligent Vector Solutions, is a pioneering company in the field of lentiviral vector manufacturing. Lentiviral vectors are tools used in gene therapy to deliver genetic material into cells. iVexSol addresses a critical bottleneck in the gene therapy industry: the slow, costly, and often unreliable production of these vectors. Traditional methods have led to long wait times, high costs, and frequent shortages, which can delay clinical development and increase expenses.

iVexSol's innovative approach, known as Intelligent Manufacturing™, ensures the rapid and reliable production of high-quality, high-titer (meaning high concentration) lentiviral vectors. This process is scalable, meaning it can be adjusted to produce different amounts as needed, which is crucial for various stages of clinical development. The company’s next-generation, plasmid-free process includes creating stable producer cell lines and packaging cell lines. These solutions save time and reduce costs, providing flexibility for early-stage cell and gene therapies (CGTs).

The company serves clients in the biopharmaceutical and gene therapy sectors, including research institutions and pharmaceutical companies. These clients are typically involved in developing treatments for genetic disorders, cancers, and other serious conditions. iVexSol operates in the biotechnology market, which is experiencing rapid growth due to advancements in gene therapy and personalized medicine.

iVexSol's business model revolves around providing custom vector manufacturing services. They make money by offering these services to clients who need reliable and efficient vector production for their clinical trials and therapeutic developments. By ensuring a stable supply of high-quality vectors, iVexSol helps accelerate the clinical development timelines of its clients, ultimately bringing therapies to market faster.

Keywords: lentiviral vectors, gene therapy, biotechnology, plasmid-free, scalable production, high-titer, biopharmaceutical, clinical development, cell lines, CGTs.