Therapure Biopharma spins out Evolve Biologics

Therapure Biopharma Inc. (Mississauga, Ontario) spun out its plasma products and technology division as Evolve Biologics Inc. (Mississauga, Ontario). Evolve emerges with PlasmaCap EBA technology which is used to improve the yields of plasma-based proteins. The company is also developing IVIG and human serum albumin. The company is targeting regulatory submissions for both in 2019.

The newco is led by CEO Blaine Forshage, CCO David Holliday and CFO Gregory Gould...