Our History

100 years of Pharmaceutical experience

Our history

ln 2022, FAI Therapeutics® was created with the aim to invest in the wellbeing of patients through new medical cannabis-based solutions, as well as through the integration of services in the agricultural and pharmaceutical industries to generate a fully in-house pathway from seed to patients.

Agrovete has over 60 years of experience in the agricultural setting. As a leading certified cereal seed producer in Portugal, with farms in Alentejo and in Ribatejo, Agrovete works directly with seed breeders from around the world to find the best-suited seeds for cultivation, being committed to sustainable practices through each step of its business.

Iberfar, Indústria Farmacêutica, S.A. is the main company of a privately-owned Portuguese pharmaceutical group, founded in 1924, whose activities cover all fields of this industry, and that operates a significant EU cGMP manufacturing site near Lisbon. Its core business is the manufacturing of solid and liquid dosage forms with quality, short delivery dates and a very flexible response to the needs of all clients.

Ferraz Lynce is the commercial branch of Iberfar Group, being responsible for registering, promoting, distributing, and selling prescription drugs, OTC medicines, medical devices, food supplements and other health products in Portugal.

Dr. Pedro Ferraz da Costa - CEO


Pedro Ferraz da Costa, Chairman

“I have always been interested in different and innovative projects and businesses, often with little consensus. Cannabis was one of those. Looking at our Group, I realised the whole production chain was in place, in readiness for medical cannabis to be allowed in Portugal, so that we could move forward.

We used an estate I have owned since the 80s, combined with: the technical expertise of Agrovete, founded 60 years ago, for crop production; Iberfar, our production unit since 1951, with its quality approved manufacturing facilities; Ferraz Lynce, who has been active in marketing and distribution of pharmaceutical products since 1924; and my international experience in the key areas of the project.”

100 Years
of Pharmaceutical


100% Privately

Experience in
All Crucial Areas

Our Portfolio

We have a range of medical cannabis-based products and extracts to fit your clinical needs.