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News / Jun 30, 2022

ɫAV receives an honorable mention at the “Innovation in Ecosystem 2022” competition

COTEC Innovation Summit

Mencao Honrosa COTEC Innovation Summit 2022 ɫAV

On June 29th, at the , ɫAV’s case study, presented in partnership with , received an honorable mention at the “Innovation in Ecosystem” 2022 competition. The ceremony took place at the Aveiro Congress Center, and João Ventura, Business Director Inhalation Solutions, represented our company.

ɫAV was a finalist following a presentation provided together with WeADD, during the COTEC Xperience 4.0 sessions, as part of a collaboration that supports the development of the product “8Shot Dry Powder Inhaler (DPI)”.

is a multisectoral business association that promoted four central axes in this edition of the COTEC Innovation Summit: Industrialization, Sustainability, Knowledge and Competitiveness.

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joao ventura receives honorable mention from COTEC Innovation Award | ɫAV
From left to right: João Ventura (ɫAV), Sónia Josué (WeAdd), Adriano Fidalgo (Astrolábio)

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Lisbon, Portugal – ɫAV, the specialist integrated pharma CDMO and leader in spray drying and particle engineering, today announced its commitment to setting Science-Based Targets (SBTs) in line with the Paris Agreement. This ambitious step underscores the company’s dedication to addressing climate change and driving sustainability across its operations. By committing to SBTs, ɫAV joins a growing number of businesses taking concrete actions to reduce greenhouse gas emissions. This initiative aligns with the company’s broader sustainability strategy and reinforces its commitment to scientific excellence. “At ɫAV, we believe in science and in best practices. And this clearly applies to our sustainability agenda.”, said Jean-Luc Herbeaux, CEO of ɫAV. We made the decision to drive our GHG emissions down using a science-based target setting process, which will help us drive sustainability across our operations by laying out a clearly defined path to reduce emissions in line with the Paris Agreement goals. We believe that by setting ambitious targets and implementing concrete actions, we can make a positive impact on the planet while driving innovation and growth.” ɫAV will work closely with the Science Based Targets initiative (SBTi) to develop and validate its emission reduction targets. The company will provide regular updates on its progress towards achieving these goals. As part of its commitment to sustainability and transparency to stakeholders, the company will enhance its Ecovadis rating. Ecovadis, a leading sustainability assessment platform in the pharmaceutical industry, provides a comprehensive evaluation of a company’s environmental, social, and ethical performance, well aligned with ɫAV’s sustainability ambitions.  ɫAV remains dedicated to operating responsibly and contributing positively to society and the environment. The company will continue to implement sustainable practices across its operations and innovate to further improve its sustainability rating.   Learn more about Science Based-Targets  

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