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Stämm

Stämm chooses Valais to set up its European team

29.01.2024
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The Argentinian biomanufacturing innovator is launching its R&D facility at the BioArk in Monthey

 

 

Founded in 2016 in Argentina, Stämm, now boasting a robust team of over 200 in Buenos Aires and San Francisco, specializes in harnessing nature-inspired, data-driven solutions to revolutionize bioprocessing. With the establishment of its new R&D facility in Western Switzerland, Stämm is set to bring its pioneering technology to the heart of Europe’s thriving biotech sector. The new facility at the BioArk in Monthey represents a significant step in the company’s global expansion strategy, underscoring its commitment to innovative biomanufacturing processes. Stämm anticipates the creation of approximately 30 new jobs in the region within the next 3 years, contributing significantly to the local economy and employment landscape.

 

This move in the heart of the “Health Valley” is aligned with Stämm’s vision to make biomanufacturing more accessible, efficient, and sustainable, thereby addressing some of the most pressing challenges in the biopharmaceutical industry. The strategic location of Monthey offers an ideal environment for Stämm to collaborate with leading industry players and academic institutions, further propelling their mission to transform bioprocessing through cutting-edge, environmentally conscious technology.

 

Juan Martín Cabaleiro, CTO of Stämm, with a rich background in mechanical engineering and microfluidics, emphasizes Stämm’s commitment to making bioprocessing easy, scalable, sustainable, and repeatable. “Our advanced microfluidic systems, inspired by nature’s microvascular networks, are designed to optimize efficiency while minimizing environmental impact. Establishing our presence at BioArk in Monthey aligns perfectly with our mission,” says Cabaleiro. The decision to establish a presence in Switzerland, particularly in the canton of Valais, was driven by the region’s robust biomanufacturing ecosystem and its proximity to top-tier academic institutions and key European markets. “The central location in Europe, coupled with the local industry and academic expertise, makes Monthey an ideal spot for our innovative pursuits,” adds Cabaleiro.

 

To set up its team in Switzerland, the company was supported by GGBa, Economic Promotion Valais, and the Swiss Biotech Center.

 

 Source: Press Release