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Novelix Pharmaceuticals signs technology transfer agreement with GMBU e.V.

17 Oct 2025 Evaluate

Novelix Pharmaceuticals has signed a Technology Transfer agreement with GMBU e.V., Germany, marking a strategic collaboration to advance the large-scale production of Astaxanthin, a potent antioxidant with broad nutraceutical and pharmaceutical applications. 

Under the agreement, GMBU e.V. will transfer its proprietary technology, expertise, and technical support services for the cultivation and scale-up of Haematococcus pluvialis to Novelix’s state-of-the-art laboratories at BTIC Park, Genome Valley, Hyderabad. The collaboration aims to bring Astaxanthin to market at a commercial scale for global supply. 

Novelix will provide financial and infrastructural support for the entire technology transfer and scale-up program, including the provision of algal strains, media components, laboratory equipment, and infrastructure. The company will also establish a GMP-certified production facility at its Techno Park site in Hyderabad to manufacture Astaxanthin in bulk, targeting key markets across Europe, North America, and India.

Novelix Pharmaceuticals is an innovation-driven biopharmaceutical company based in Hyderabad, India, focused on novel therapeutics, advanced biologics, and nutraceutical research.


Peers
Company Name CMP
Redington 366.60
Adani Enterprises 2705.00
Amrapali Industries 35.44
Maxgrow India 179.40
Rashi Peripheral 846.30
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