A Spanish biotech company, One Way Liver S.L. (OWL Metabolomics), plans to open its U.S. headquarters in the VABeachBio Accelerator in Virginia Beach as part of a strategic partnership with Sanyal Biotechnology.
In turn, Sanyal Biotechnology will open its European headquarters under the auspices of OWL at its location in Bilbao, Spain. The companies will share resources in their respective locations as they combine efforts serving their pharmaceutical clients.
The agreement was made at last week’s ILC/EASL Congress in Amsterdam in collaboration with Virginia Beach Economic Development.
OWL and Sanyal Biotechnology have worked closely together in the past on contract research.
