{"id":43073,"date":"2016-04-26T00:00:00","date_gmt":"2016-04-25T22:00:00","guid":{"rendered":"https:\/\/techma.bakertilly.es\/la-biotecnologica-espanola-gana-consigue-el-apoyo-de-inversores-internacionales\/"},"modified":"2025-03-12T11:38:32","modified_gmt":"2025-03-12T10:38:32","slug":"la-biotecnologica-espanola-gana-consigue-el-apoyo-de-inversores-internacionales","status":"publish","type":"post","link":"https:\/\/techma.bakertilly.es\/en\/la-biotecnologica-espanola-gana-consigue-el-apoyo-de-inversores-internacionales\/","title":{"rendered":"Spanish biotech firm wins backing from international investors"},"content":{"rendered":"
According to the OECD, Spain is in the top 10 countries with the highest development in the biotechnology sector. Although we are far from the top centres such as Boston, Silicon Valley, London or Switzerland, the news is encouraging, after a few years in which the scarce access to funding in the sector made things difficult. In the last two years we have witnessed how Spanish biotech companies are obtaining amounts of funding not seen before in the sector.<\/span><\/h5>\n

Confidence in Spanish biotechnology<\/strong><\/span><\/p>\n

It is not easy to obtain financing for a biotech company, as it is a sector with long maturity rates and therefore requires long-term investments.<\/span><\/p>\n

It takes about 10 to 12 years and about $1.2 billion for their product to reach the market. A biotech project will have to go through several phases of testing and approval by the authorities, and can be commercialised if all goes well.<\/span><\/p>\n

However, investors are realising how well Spanish biotechnology is doing, and last year deals were closed far in excess of those that had been closed before in the sector.<\/span><\/p>\n

Large international corporations have bet on the sector as a Novartis <\/a><\/span>that invested in Palobiofarma <\/span>\u00a0to develop, manufacture and market an immunotherapy against cancer or the agreement signed between the Catalan company Oryzon<\/a><\/span> and Switzerland's Roche to develop and market its drug Ory-1001 for the treatment of acute myeloid leukaemia.<\/span><\/p>\n

Biotech funds also conducted large rounds in the sector as an example, \u00a0Ysios<\/a><\/span> and Lundbeckfond Ventures<\/a>, Forbion Capital Partners,<\/a> Gilde Hearthcare<\/a><\/span>Edmon de Rothschild Investment Partnerships, Baxter Ventures<\/a><\/span> and La Caixa<\/a>,<\/span> invested \u20ac36M in Sanifit<\/a><\/span>a biopharmaceutical company based in Mallorca, dedicated to the development of SNF472, a drug for the treatment of cardiovascular diseases related to calcification in patients with end-stage renal disease.<\/span><\/p>\n

So far this year, we have detected operations such as Ysios' investment in Kala Biopharma <\/a><\/span>we told you about in a post<\/a> last week or the one closed by Stat Diagnostica<\/a> 22m.<\/span><\/p>\n

Agreements with large corporations<\/strong><\/span><\/p>\n

On some occasions, the entry of a large corporation can serve to push the project forward. This is the case of one of the latest operations in the sector, carried out by Grifols<\/a><\/span>which invested \u20ac3.75M in AlbaJuna Therapeutics, a spin-off of AlbaJuna Therapeutics. IrsiCaixa<\/a><\/span> dedicated to research into therapeutic antibodies against HIV.<\/span><\/p>\n

\u00a0More operations have been taking place in recent years: Almirall <\/a><\/span>has entered into the capital of AB-Biotics<\/a>,<\/span> the Lara family became part of Plasmia Biotech, the French group Synerlab has acquired Alcal\u00e1 Farma, and Grifols<\/a> <\/span>has been acquiring stakes in companies such as the Spanish-Belgian TiGenix and the US companies Alkahest and Aradigm.<\/span><\/p>\n

\u00a0<\/strong>Bottlenecks for Spanish biotechnology<\/strong><\/span><\/p>\n

Among the unresolved issues facing Spanish biotechnology are the process of technology transfer from universities to companies, the mortality of start-ups in the toughest years for the sector and the flight of scientists from research centres, which may have led to the loss of more than one opportunity.<\/span><\/p>\n

Other posts that may interest you<\/span><\/strong><\/p>\n

Ysios capital participates in $68M round in Kala pharmaceuticals<\/a><\/span><\/p>\n

Inveready bets on biotechnology, invests in Cuantum and AB-biotics in less than a month<\/a><\/span><\/p>\n

Investors lose their fear of investing in biotechnology<\/a><\/span><\/p>\n

If you are looking for funding for your biotech startup, contact us, Abra-invest has extensive experience in alternative financing in the biotechnology sector.<\/span><\/p>","protected":false},"excerpt":{"rendered":"

According to the OECD, Spain is in the top 10 countries with the highest development in the biotechnology sector. Although we are far from the top centres such as Boston, Silicon Valley, London or Switzerland, the news is encouraging, after a few years in which the scarce access to funding in the sector made things difficult. In the last two years we have witnessed how Spanish biotech companies are obtaining amounts of funding not seen before in the sector.<\/p>","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[2277],"tags":[588,260,589,249,590],"sectores":[],"tipo-contenido":[2260],"class_list":["post-43073","post","type-post","status-publish","format-standard","hentry","category-multiplos-de-empresas-cotizadas","tag-compra-empresa-biotecnologica","tag-financiacion-biotecnologia","tag-grifols","tag-inversion-en-biotecnologia","tag-novartis","tipo-contenido-noticias"],"acf":[],"_links":{"self":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts\/43073","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/comments?post=43073"}],"version-history":[{"count":0,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts\/43073\/revisions"}],"wp:attachment":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/media?parent=43073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/categories?post=43073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/tags?post=43073"},{"taxonomy":"sectores","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/sectores?post=43073"},{"taxonomy":"tipo-contenido","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/tipo-contenido?post=43073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}