Financing - October 6, 2020
HiloProbe awarded 2 million SEK by Swedish Innovation Agency
HiloProbe has been granted SEK 2 million from Swedish Innovation Agency Vinnova to validate a product that detects and helps treat people with colorectal cancer. “This is an important grant for us and means we can validate our product and make it available to the healthcare industry sooner,” says Lina Olsson, CEO of HiloProbe. HiloProbe […]
Biotech Business - October 1, 2020
ZERION receives 1.9 million DKK from the Danish Innovation Fund
The Danish Innovation Fund has awarded the drug delivery company a grant of DKK 1.9 million under its InnoBooster program. The grant will advance the development of ZERION’s Dispersome drug formulations. The InnoBooster grant covers about one third of the total project costs. “We are extremely grateful to receive this support from the Innovation Fund. […]
Biotech Business - September 29, 2020
Galecto raises $64 million to accelerate development of clinical pipeline
Galecto has announced the completion of a $64 million equity financing. This reinforces Galecto’s existing cash balance extending the company’s cash runway into late 2022, it states. Advance its clinical development Galecto intends to use the funds to prepare for a potential conditional approval of GB0139 for the treatment of Idiopathic Pulmonary Fibrosis (IPF) in the […]
Financing - September 17, 2020
Swedish medical device company awarded 50,000 Euro grant
ReSitu Medical has received a 50,000 Euro grant from the EIT Health Headstart programme. The Headstart programme aims to help start-ups get closer to market, achieve clinical verification of their innovation, evaluate patient need and benefit, as well as attracting further private investment. “We are so thankful to EIT for this opportunity to be part […]
Financing - September 15, 2020
OnDosis announces the commitment of a 30 MSEK raise
The commitment from existing owners and DIG Investment follows a signing of a strategic partnership agreement between OnDosis and Tiefenbacher Group. With the partnership and raise, OnDosis will be able to execute the nearterm growth agenda; initially focusing on bringing OnDosis’ ADHD drug/device combination currently in development to the market in the US. This followed […]
Financing - September 8, 2020
Danish digital health startup receives funding through Digital Sandbox
In the EIT Health funded project Radiobotics is developing a product for automatic analysis of radiographs of the hip. Six European startups in biotech, medtech and digital health will receive in total €180 000 in funding to access samples and collaborate with European biobanks and quality registers. During a year the companies will participate in […]
