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Debiopharm and Merck invest in artificial intelligence

Debiopharm Innovation Fund

Debiopharm Innovation Fund, the strategic investment arm of Swiss biopharmaceutical company Debiopharm, and M Ventures, the strategic, corporate venture capital arm of Merck, and Omnes Capital invested CHF 15.5 million in French startup Iktos     By 2025, one in two drugs is expected to be discovered and developed using artificial intelligence. Iktos is a French…

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EFI-Lake Geneva Ventures and Yellowstone Holding AG invest CHF 3,5 million in Medyria

Medyria

Medyria’s PyCath aims to be the only device on the market with pressure and blood flow velocity sensing for the invasive diagnosis of ischemic heart conditions.   Medyria AG, is a Medtech company leader in blood flow velocity sensing. The start-up based in Winterthur recently launched the development of the PyCath a novel microcatheter for…

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SOPHiA GENETICS and Agilent Partner

Sophia Genetics / Agilent

SOPHiA GENETICS, a Lausanne-based cloud-native software company in the healthcare space and the leader in data-driven medicine, is partnering with Agilent, a US-based company providing measuring instruments for chemical analysis, life sciences, and diagnostics, to offer a comprehensive solution for cancer analysis.   Through the partnership, the SOPHiA DDM™ Platform will be integrated with Agilent’s new Research…

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GeNeuro raises €25 million for its treatment against long COVID

GeNeuro

GeNeuro develops timelimab, an antibody that showed promising results in treating inflammatory symptoms for long COVID patients   GeNeuro, a Geneva-based  biopharmaceutical company developing novel treatments for neurodegenerative and autoimmune diseases such as multiple sclerosis (MS), amyotrophic lateral sclerosis (ALS) and the severe consequences of COVID-19 (PASC, (PASC, post-COVID or long COVID), announced the signature…

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Three Jura start-ups awarded with the DayOne Tech accelerator prize 

DayOne Tech Jura

The Jura branch of the Swiss Innovation Park Basel Area is home to 28 companies and institutions, including ten in Medtech. Three of them just received an innovation prize.     “We have set up an acceleration and coaching programme with people from the industry who will accompany each of the start-ups,” explains Florian Sanner,…

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Debiopharm expands its oncology pipeline

Debiopharm

The Lausanne-based biotech company has obtained global rights from a Novo Nordisk molecule and plans to take the compound forward in overcoming resistant tumor types.     Debiopharm announced having obtained the global rights for FT-3171, a small molecule USP1 inhibitor program targeting a novel DNA damage repair (DDR) pathway from Novo Nordisk.   FT-3171…

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Raphaël Conz is the New Head of Department for Economic Promotion and Innovation in the canton of Vaud

Raphaël Conz

Raphaël Conz is also BioAlps’ vice-president. For many years, he has worked to promote the attractiveness and the reputation of the Swiss Health Valley   The State Council of the Canton of Vaud has appointed Raphaël Conz Head of the Department for the Promotion of the Economy and Innovation. He will fill his new position…

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Medistri invests CHF 8 million in Domdidier

Medistri

The largest independent sterilisation company in Europe invests to expand its plant in Domdidier, in the canton of Fribourg.   On 29 November 2022, Medistri has been granted its building permit for the construction of an extension and realization of new facilities. This expansion will allow Medistri SA to develop and increase its production at…

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Oculis Announces US public listing on Nasdaq

Oculis

A Swiss Health Valley success story! Oculis goes public.   Oculis Holding AG (“Oculis”), based at EPFL Innovation Park in Lausanne, is a global biopharmaceutical company purposefully driven to save sight and improve eye care. On 3 March 2023, it announced its listing on Nasdaq after successfully closing the business combination between European Biotech Acquisition…

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Comphya receives approval for first pilot clinical trial in Australia

Comphya

A swissmade neuromodulator to treat erectile dysfunction starts clinical trials in Australia   Comphya SA, developer of the first neuromodulator to treat erectile dysfunction (ED), announced today that Australian regulatory authorities (Human Research Ethics Committees (HREC) and Therapeutic Goods Administration (TGA)) have approved the pilot clinical trial for CaverSTIM in patients undergoing prostatectomy. This will…

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