GermanyGermany

Three red biotech firms enter finals of BIOTECHNICA Award

15.09.2010

Hanover – Addex Pharmaceuticals SA, Apeiron AG and and Galapagos Genomics NV have been chosen as finalists for this year’s European BIOTECHNICA Award. From Switzerland, Austria and Belgium respectively, one of the three firms will take home the honors – and pocket cash prize and the lion’s share of a75,000 in awards. The two other finalists will receive non-cash prizes. The European BIO­TECHNICA Award is Europe’s biggest prize for biotech companies. It will be a granted at the opening ceremony of the trade fair on October 4th, the day before it is opened for general activity.
Based in Plan-Les-Ouates near Geneva, Swiss Addex Pharmaceuticals develops agents used in products for treating Parkinson’s disease, schizophrenia, anxiety attacks, depression and disorders affecting the central nervous system. The company is listed on the Swiss Stock Exchange.
Viennese bio­tech company Apeiron Bio­logics specialises in the development of enzyme-based biotherapies for treating ARDS (acute respiratory distress syndrome). Recently, the company entered into a lucrative collaboration with pharma­ceutical major GlaxoSmithKline.
Galapagos Genomics is a Belgian biotech company based in Mechelen that develops pharmaceutical products for the treatment of bone and joint disease, including bone meta­stases. The firm also operates a profitable drug discovery service business that has had a record year in terms of sales and earnings.

Naming a winner not an easy task

Professor Peter Stadler, the chairman of the international jury of nine experts whose task it was to select the finalists, said its members “were impressed by the innovative technology developed by all three companies, and are confident that their products and business models hold a lot of promise.” This is the eighth time that Deutsche Messe AG and its partners have organised the competition. The criteria for target companies are quite strict; applicant companies can’t be more than three years old, employ more than 30 people, or have annual turnover exceeding EUR300m. At the same time, their products have to have proven market relevance.

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07.03.2012

Darmstadt – German pharmaceutical and chemical company Merck KGaA has set a downbeat tone for 2012. CEO Karl-Ludwig Kley said the recently launched cost-cutting programme and tough economic conditions will weigh on profits this...

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05.03.2012

Mainz/Leuna – Two biotech concepts were amongst the winners of the recent third round of the Excellence Cluster initiative, which is funded by the German Ministry for Research. In Mainz the champagne corks popped especially loud...

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German Merck KGaA has closed a licencing agreement with US-based Threshold Pharmaceuticals Inc. The cooperation centres around the hypoxia­-activated drug TH-302, which is currently being studied in a global Phase III study....

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29.02.2012

Munich – Looking back with satisfaction and bent on a prize for good behaviour, German biopharmaceutical company Wilex AG reported yesterday on the fiscal year 2011 and outlined the shores in sight. The 2011 total revenue was...

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Thousand Oaks/Munich - Bling bling for blinatumomab. It is a compliment for the European life sciences scene and sad news at the same time. Amgen Inc., the world's largest biotechnology company, agreed to buy Micromet Inc., an...

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17.01.2012

Ludwigshafen – BASF Plant Science GmbH, the agrochemistry and biotech arm of the world-largest chemistry company, thinks that it has outstayed its welcome in Europe. Over the next two years, most of the green biotechnology...

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10.01.2012

Munich - It is the accolade for Micromet. The German company, which is listed on the U.S. stock exchange, announced today that it has entered into a Cooperative Research and Development Agreement (CRADA) with the renowned US...

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