Viva Biotech's mission is to become a cradle for innovative biotechnology companies around the world. Viva Biotech has developed a scalable business model combing the conventional cash-for-service (CFS) model and its unique equity-for-service (EFS) model.
Under the CFS model, the Group provides structure-based drug discovery services to its biotechnology and pharmaceutical customers worldwide for their pre-clinical stage innovative drug development, covering the full spectrum of the customers' needs for early stage drug discovery, including target protein expression and structure research, hit screening, lead optimization and drug candidate determination. Viva Biotech also provides drug discovery and incubation services to biotechnology start-up companies with high potential under its EFS model.
As of December 31, 2019, Viva Biotech had provided drug discovery services to 438 biotechnology and pharmaceutical customers worldwide, worked on over 1,200 independent drug targets, delivered over 13,700 independent protein structures, and incubated a total of 46 early stage R&D projects.