ItalyItaly

1st Biotech Report

10.07.2004

Milan - The Politecnico of Milan - School of Management and Assobiotec (National Association for the Development of Biotechnology) recently organized a conference in Milan to present the first report on the biotech cluster in Lombardia: In the area of Milan (Lombardia) an early-stage biotech cluster started in the mid '90s that currently includes 12 biotech companies with more than 500 employees. The majority of these companies have as their core business the development of therapeutics. The cluster shows some interesting features that make it quite a unique case in Europe: Despite the relative youth of the cluster, the average size of companies is similar to international level (41 employees per company, the same as for Cambridge, UK). However, this is the result of the specific process of foundation: the large majority was founded as industrial spin-offs from large companies. Despite a significant presence of scientists in universities and research centres (nearly 800 researchers) there are no academic spin-offs. The growth of the cluster was “financially” supported by foreign venture capital and governmental funds even if in a lack of a common strategic framework at local level. The report discusses possible actions (e.g. technology transfer offices, price-competitive supporting infrastructures) in order to leverage existing favourable conditions and to strengthen the process of development of the cluster.

ItalyItaly

12.06.2011

Milan – Everyone agrees that Italy is not Greece, but it is common wisdom that the country could also be doing better. Considering the meagre growth of the Italian economy in the last decade however, data fom the 2011 survey of...

ItalyItaly

01.04.2011

Milan – Italian drugmaker Newron Pharmaceuticals S.p.A. and Merck Serono have broadened the scope of their 5-year-old collaboration on CNS drugs. In addition to the Parkinson’s treatment safinamide, under the terms of a new...

ItalyItaly

16.02.2011

Milan/Berlin – Swiss-Italian biotech Philogen SpA has revoked its plan to sell a 23% stake worth EUR65.3m and go public on the Milan stock exchange this Friday. The move came after German Bayer HealthCare unexpectedly terminated...

ItalyItaly

06.02.2011

Rome – The EUR2.5m ERC Advanced Grants are the Grammies of European science – not in the same league as a Nobel Prize, but still a lucrative honor. In the fourth round since 2007, the European Research Council awarded some a590m...

ItalyItaly

29.11.2010

Modena/London – Researchers from Germany, Italy and the UK have identified a molecule that is key to the onset of addiction and also involved into memory formation (EMBO Journal, doi:10.1038/emboj.2010.279). According to results...

ItalyItaly

09.11.2010

Genoa/Philadelphia — The inexpensive anti-gout drug allopurinol can counteract colorectal adenoma progression, according to data presented yesterday at the 9th Annual AACR Frontiers in Cancer Prevention Research Conference...

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