Solvo Ranked 4th in Fast 50 Award
Budapest - Solvo Biotechnology was awarded 4th place among the so called 'Rising Stars' in Deloitte & Touche's Technology Fast 50, an annual award honouring the fastest growing Central European technology companies. The 'Rising Stars' include those in business for less than five years. Eight countries participated in 2003 - the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia and Slovenia. “This is an important recognition for us”, says Erno Duda, CEO of Solvo. “It shows that a healthy biotechnology sector is developing in Hungary.” The company is active in the field of ABC-transporters and drug resistance and holds patents related to drug targets and modulators, gene therapy applications and diagnostics.