Investment for the biotech sector: Tigenix, Ekuore and Grants4Apps
03/09/2015
Diego Gutiérrez
Investment for the biotech sector: Tigenix, Ekuore and Grants4Apps
One of the great challenges of the biotech sector in Spain is the growth of companies in the sector that will make it possible for Spanish biotech companies to be strong and compete in the international market. Getting funding in the sector is complicated but not impossible, in the last month we have witnessed how Spanish companies have grown through acquisitionspublic funding and programmes to support start-ups.

biotechnology

Tigenix buys CoreTheraphics

TiGenix a leading European cell therapy company with a strong platform of clinical-stage adult stem cell programmes and a marketed product, has acquired Spanish company Coretherapix, belonging to Genetrix and dedicated to the development of cardiac cell therapies.

The purchase allows Tigenix to enter new markets with a cardiac stem cell platform that could be developed for other heart diseases.

"In 2013 Grifols bought a 21.3% stake in Tigenix becoming its largest shareholder and is currently considering listing Tigenix on the US stock exchange," says Diego Gutierrez of Grifols. Abra-Invest.

Ekuore receives support from Europe

The company eKuoreone of the winning projects of Lanzadera, has received 50,000 euros of investment in the Horizon 2020 Programme. for the launch of its eKuore Pro medical stethoscope.

eKuore Pro, which will be launched in the last quarter of 2015, is the first stethoscope capable of transmitir la auscultación a ‘smartphones’, ‘tablets’ y equipos de audio, and also measures beats per minute, records auscultation and filters the sound of the heart or lungs, with entirely Spanish technology.

The funding obtained is focused on feasibility studies, competitor studies, new business models, marketing, risk analysis and intellectual property studies.

Bayer brings Grants4Apps® initiative to Spain to support innovative healthcare startups

After three successful years in Berlin, the programme Grants4Apps  arrives in Spain through Grants4Apps Coworking Barcelona, an initiative aimed at startups with innovative e-health projects - from applications to medical devices, including software or hardware - that contribute to the improvement of health and/or pharmaceutical processes.

 The programme offers five startups un espacio de trabajo en las oficinas de Bayer en Sant Joan Despí (Barcelona) durante seis meses (de octubre a marzo) sin ningún coste, con un despacho para cada equipo seleccionado y con salas de reuniones.  El objetivo de esta iniciativa es apoyar el emprendimiento y la innovación en salud digital mediante la promoción y el apoyo de proyectos dirigidos a profesionales de la salud y pacientes.

 In addition, the programme offers mentoring and coaching The Bayer Group's experts and external specialists will provide personalised advice and support, networkingThe G4A Chillout Networking area, contact with potential investors and a 'G4A Chillout Networking' area to enhance communication between the startups and Bayer employees.

Other posts that may interest you 

Biotechnology finds a new form of funding with Crowdfunding and Spain is one of the pioneers

Biotechnology grows and finds alternative forms of financing

 

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