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New CEO at Hovione

The board and shareholders of Hovione have named Dr Jean-Luc Herbeaux (right) as CEO from 1 April. He had originally joined the firm as COO in May 2020, after multiple leadership positions at Evonik, where he last headed the Health Care business line.

Hovione to invest $170 million across three sites

CDMO Hovione used CPhI Worldwide 2021 in Milan to announce plans to invest $170 million over the years 2020-2022 to expand both capacities and capabilities at three sites in Portugal, Ireland, and New Jersey. About 300 jobs will be created as a result. These reflect its increasing focus on spray drying, high potency and particle engineering.

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