News
Domo Health partners with SAK to bring advanced digital health solutions at home
SAK (St. Gallisch-Appenzellische Kraftwerke AG) has acquired a participation in Domo Health as part of a round of capital raising. Together, Domo Health and SAK will expand an offer promoting digital health in private households. Domo Health, a leading company in the field of digital health based at EPFL Innovation Park, has entered into…
Read MoreInnosuisse grants CHF 2.5 M to 7 Swiss Health Valley Life Sciences Startups
Within the framework of the Swiss Accelerator, Innosuisse supports 53 innovation projects by SMEs and startups and grants each of them CHF 2.5 million. 7 are based in Western Switzerland. In 2022, Innosuisse launched a call for projects for the Swiss Accelerator in 2022 as a transitional measure for Horizon Europe. Following a three-stage assessment…
Read MoreLimula SA receives CHF 2.5 million from Innosuisse Swiss Accelerator
Limula SA receives CHF 2.5 million in non-dilutive funding to accelerate the industrialisation of a closed, automated, and modular solution for Cell and Gene Therapy manufacturing. Swiss company won highly competitive funding provided by the country’s innovation agency Innosuisse through its Swiss Accelerator programme. Funding will support the transition from R&D to commercial activities,…
Read MoremachineMD wins Innovation World Cup 2023
machineMD, a Bern-based medtech company, was awarded the top prize at the prestigious Innovation World Cup® 2023, hosted during the 43rd Wearable Technologies conference in Munich on 24 April 2023. Europe’s Top12 wearables startups gathered for the official WT Innovation World Cup® 2023 Pitch & Award ceremony. These Top12 techpreneurs were selected from over…
Read MoreSiegfried expands and invests CHF 25 million in Evionnaz (VS)
The biomanufacturing company invests of up to CHF 25 million in Valais (Switzerland) for a new global R&D Center for drug substances Siegfried, a leading global Contract Development and Manufacturing Organization (CDMO) headquartered in Zofingen, broke ground for its new global Research and Development (R&D) Center for Drug Substances at its site in Evionnaz,…
Read MoreBiotech companies thrive in Switzerland
Swiss Biotech Report 2023 shows sector weathers global disruption well and continues to play a leading role driving global healthcare innovation Record revenues of CHF 6.8 billion (USD 7.5 billion) Fundraising of CHF 1.3 billion (USD 1.5 billion) exceeding pre-COVID 19 levels of 2019. CHF 0.78 billion by public companies, CHF 0.55 billion…
Read MoreImpossible Materials raises CHF 3,4 Million
Suspected of causing cancer, titanium dioxide, a white colouring agent, has been banned from food in Switzerland and Europe since last year. Impossible Materials, a spin-off from the University of Fribourg, has just raised CHF 3.4 million to develop a cellulose-based alternative. The round, which was led by Mission Possible Capital, was supported by Big Idea…
Read MoreGeorge Coukos honored by the American Association for Cancer (AACR)
George Coukos, full professor at the Faculty of Biology and Medicine of UNIL, director of the Department of Oncology UNIL-CHUV and of the Ludwig Institute for Cancer Research Lausanne, is one of the 23 world personalities to be received as Fellow of the Academy of the prestigious American association Prof. George Coukos, who…
Read MoreDistalmotion raises $ 150M
The fundraise, led by Revival Healthcare Capital, will be used to get a Food and Drug Administration (FDA) approval for Dexter, Distalmotion’s robotic surgery device. Dexter, Distalmotion’s robotic platform, is already in day-to-day clinical use in Europe, successfully treating patients across a multitude of complex and high-volume procedures in general surgery, gynecology, urology. This…
Read MoreMusic practice keeps the brain from ageing
A study led by the UNIGE, HES-SO Geneva, and EPFL revealed that music practice and active listening could prevent working memory decline. About 130 retirees were separated into two groups. Each group took one type of music class for one hour per week for 12 months. These seniors, aged 62 to 78, also had…
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