TGI Solar Power Group Acquires Veterinarian Biotechnology Company, BIOVET CGT

TGI Solar Power Group, a diversified holding company, has announced the acquisition of a veterinarian biotechnology company, BIOVET CGT. This strategic move will enable TGI to expand its product portfolio and offer cutting-edge cell and gene therapies to veterinary clinics across the United States.

BIOVET CGT specializes in the discovery and development of novel cell and gene therapies for veterinarian clinics. With state-of-the-art automated systems, the company ensures the rapid, efficient, and effective supply of its products directly in the clinical setting. The partnership between TGI and BIOVET CGT aims to improve animal health by providing veterinary clinics with access to innovative therapies and expertise.

Through this acquisition, TGI gains access to a new customer base and estimates approximately $10 million in revenues in the second year of the partnership agreement. The collaboration also grants TGI a global license to a new, innovative technology in the veterinary market.

Henry Val, CEO of TGI Solar Power Group, expressed excitement about the strategic fit and synergy potential of the acquisition. He emphasized the company’s commitment to delivering effective solutions to veterinary professionals, labs, and pet parents worldwide.

Michael Handley, CEO of Biovet, expressed confidence in TGI’s cutting-edge cell and gene therapy products, which are not offered by any other company in the veterinarian hospitals. The partnership between TGI and Biovet aims to revolutionize the veterinary industry by leveraging advanced technologies and expertise.

BIOVET CGT plans to announce additional management additions to handle operations, including biotech staff for cell and gene therapies, blockchain and database management experts, AI/IT professionals, and a social media and marketing team.

With a shared passion for improving animal health, TGI Solar Power Group and BIOVET CGT are set to become a global, fast-growing group of innovation-driven companies. By combining science, technology, and customer needs, they aim to make a positive impact in the veterinary industry.

For more information, contact Henry Val, CEO of TGI Solar Power Group, at henryv@tgipower.com. Veterinarian inquiries can be directed to info@biovetcgt.com.

Source: TGI Solar Power Group, Inc.