HungaryHungary

Solvo Receives Funding

10.12.2004

Szeged - A research project of Hungarian Solvo Biotechnology Ltd. has been awarded some a1 million in the life science category of this year's National Research and Development Programme - put out to tender by the Hungarian National Office for Research and Technology. Solvo applied for the funding as part of a consortium - that also includes Austrian Intercell AG, Hungarian biotech and IT companies, as well as university and research institutes - and will use it for the development of molecular therapeutic methods aimed at mo-dulating the effect of the progesteron-induced inhibiting factor (PIBF). The project's diagnostics part has already received a a1.4 million grant from the 6th Framework Research Programme last year.
Solvo's results recently gained it the third place in the Rising Stars category (top 15) of Deloitte's “Fast Technology 50 in Central Europe” programme. Rising stars have exhibited considerable success but are too young and small to meet the Fast 50 criteria. They have been in existence for three to five years with a minimum base revenue of Euro30,000. The competition is open for companies from Albania, Bosnia & Herze-govina, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Macedonia, Moldova, Poland, Romania, Serbia & Montenegro, Slovakia and Slovenia.

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30.12.2009

Budapest/Zug/Edinburgh – Swiss/Hungarian antibody specialist ImmunoGenes has inked a collaboration and license agreement with the Scottish Roslin Institute to develop specialised sheep that use ImmunoGenes’ proprietary technology...

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20.09.2009

Budapest – Mecsek Pharma has won a HUF1bn (EUR3.6m) state grant that will allow the company to test the insulin sensitiser BGT-15 in a Phase IIb clinical trial, according to Mecsek’s parent company Phylaxia Holding. BGT-15 is a...

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12.09.2009

Budapest – California-based biotech company Codexis plans to expand its expertise in fermentation technology. In August, Codexis’ CEO Alan Shaw announced that the firm will expand its activities in fermentation technology in...

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13.07.2009

Budapest – UK clinical research organisation Chiltern International Ltd has opened a new office in Budapest. The branch will be led by Dr. Attila Lorinczi , a member of the Hungarian Medical Society and the Society of Hungarian...

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29.04.2009

Budapest – The European Institute of Innovation and Technology (EIT) launched a call for proposals for its first Knowledge and Innovation Communities (KICs) at the beginning of April (http://eit.europa.eu). The call will remain...

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05.11.2008

Budapest/Brussels – The Budapest-based European Institute of Technology (EIT, http://eit.europa.eu) has received its first governing board. The 18 members, who held the board’s inaugural meeting on the occasion of the EIT’s...

HungaryHungary

20.10.2008

Debrecen/Budapest – Hungary’s leading pharmaceutical company Gedeon Richter Plc. is continuing to expand its activities in biotechnological R&D and manufacturing of therapeutic proteins. After the establishment of Richter-Helm in...

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18.08.2008

Budapest/Brussels – The European research ministers decided in mid-June that the Hungarian capital Budapest will house the headquarters of the prestigious European Institute of Technology (EIT). With a budget of EUR308m until...

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14.08.2008

Geneva – Ernesto Bertarelli, the Swiss-Italian biotech billionaire who sold his company Serono SA, has returned to the front lines of the pharma business as his new EUR1bn healthcare fund joined with Merrill Lynch to buy...

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20.05.2008

Bucharest – Three years ago, Romania was Europe’s largest cultivator of genetically modified plants (87,600 hectares of GM soy acreage). With acession, the government there had to halt the cultivation of the GM crops not approved...

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