Business article - March 31, 2018
New CEO of Industrifonden
David Sonnek has been appointed new CEO of the Nordic venture capital firm Industrifonden. “Industrifonden is recognized in the industry as a qualified investor and long-term partner to entrepreneurs, and has an incredibly important role within Nordic venture capital. I feel excited and honored for the opportunity to work alongside a stellar team as well […]
Business article - January 19, 2018
A very strong year for life science funding in Scandinavia
A new report from Industrifonden shows that life science companies in Scandinavia raised $2.2bn in 2017, doubling from 2016 and equivalent to the total funding amount for 2014-2016 ($2.4bn), with strong growth across IPOs, refunds and venture funding. The new report also states that biotech/pharma raised a total of $500m through IPOs, equivalent to 12% of the […]
Business article - November 30, 2017
Antibiotic advances from New Drugs 4 Bad Bugs
Public-private partnerships are addressing the major challenges of microbial drug resistance. In 2016, a woman in the United States died from a bacterial strain resistant to 26 antibiotics. Recently, The Lancet reported on a dangerously resistant strain in China. The World Health Organization says that antimicrobial resistance (AMR) is a global emergency. Countering this worrying trend is the public-private program New Drugs 4 Bad Bugs […]
Business article - October 6, 2017
Business in focus: Cantargia
Swedish biotech company Cantargia recently presented its 2017 Q2 results and it looks like they are ready for their next step, taking them from preclinical to clinical stage. One of the company’s most recent achievements, after the end of Q2, was the patient recruitment to its CANFOUR study. The phase I/II study has gained approval […]
Biotech Business - June 16, 2017
Creating a more mature European biotech ecosystem
What can researchers, investors, and funding agencies do to unlock biotech’s potential? The European life science industry has great potential to improve patient care, solve public health challenges, and drive economic growth. Europe is a leader in life science research, but is behind the United States, in particular, in translating discoveries into medical therapies and […]
Business article - February 10, 2017
Crowdfunding turns public interest into a cash boost
The funding model connects startup companies with investors and basic researchers with backers, reports Chris Tachibana. In 2012, the AssiStep, a handrail for people who need help with stairs, was just a clever student project. Last year, it hit the market. Norwegian University of Science and Technology graduates Halvor Wold, Ingrid Lonar, and Eirik Gjelsvik […]
