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Basel Area Business & Innovation, Innovation, Invest

Idorsia receives payment of 45 million US dollars

The Allschwil-based pharmaceutical company Idorsia receives a payment of 45 million US dollars as part of an agreement with Neurocrine Biosciences and shall also be entitled to claim milestone payments in future. Neurocrine has exercised a licensing option for a drug developed by Idorsia to treat epilepsy..

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Basel Area Business & Innovation, Innovation

Humard robot disinfects using UV light

Humard has developed a robot that can disinfect spaces using UV light. For this, the system manufacturer from the canton of Jura has adapted a mobile industrial robot that is otherwise used in warehouse logistics.

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Basel Area Business & Innovation, Innovation, Invest

Roche authorized to distribute coronavirus antibody tests

Roche has received Emergency Use Authorization in the USA for an antibody test in connection with the novel coronavirus. The tests are already being distributed around the world. In May, production capacities are to already be scaled up to the high double-digit million area.

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Basel Area Business & Innovation, Innovation, Invest, Switzerland Innovation Park

Healthtech sector growing rapidly in the Basel Area

The investment and innovation promotion agency Basel Area Business & Innovation, previously known as BaselArea.swiss, can look back on a successful year in 2019. In this regard, positive developments in the healthtech sector and in Switzerland Innovation Park Basel Area stand out.

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Basel Area Business & Innovation, Innovation, Invest

Support program has roots in Basel

The online program Selfapy supports people suffering from mental health conditions during the coronavirus lockdown. BaselArea.swiss has provided startup help by way of its DayOne initiative.

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Basel Area Business & Innovation, Innovation

University Hospital Basel treats coronavirus patients with plasma

The University Hospital Basel is the first Swiss hospital to have treated two Covid-19 patients with the plasma from a patient who has recovered from the virus, which means that they are receiving the appropriate antibodies. This method is a potential therapeutic option.

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Basel Area Business & Innovation, Innovation

Botnar Research Center advancing research into coronavirus

The Basel-based Botnar Research Center for Child Health is providing capital in the amount of 15 million Swiss francs to its four partner institutions. In this way, the University of Basel should be in a position to advance research into dealing with the coronavirus outbreak.

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Basel Area Business & Innovation, Innovation

CEO of Novartis pinning hopes on malaria drug

In the fight against the coronavirus, Vas Narasimhan, CEO of Novartis, is above all pinning his hopes on a malaria drug. Narasimhan has claimed in an interview that this drug has proven in preclinical and initial clinical trials that it can destroy the virus. At the moment, patients are being enrolled for studies.

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Basel Area Business & Innovation, Innovation, Invest

Cantons in the Basel Area agree aid measures

Basel/Liestal/Delémont – Because of the coronavirus crisis.the three sponsor cantons of BaselArea.swiss have adopted emergency aid measures in addition to those agreed by the Swiss government at national level. The cantons of Basel-Stadt, Basel-Landschaft and Jura will be supporting companies and other individuals affected to a substantial extent. The aim here is to mitigate the consequences of the coronavirus pandemic within the economic region of Basel Area.

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Basel Area Business & Innovation, Innovation, Invest

Roivant developing treatment for coronavirus patients

The Basel-based pharmaceutical company Roivant Sciences wants to develop a special antibody for coronavirus patients. This is intended to help treat and prevent acute respiratory distress syndrome.

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Basel Area Business & Innovation, Innovation, Invest

Roche Coronavirus test gets FDA approval

The US regulatory authority has authorized a test developed by the Basel-based pharmaceutical company Roche to detect the SARS-CoV 2 virus. Due to Roche’s work, numerous additional tests can be carried out in the USA, and for this reason Roche received the express thanks of President Trump.

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Basel Area Business & Innovation, Innovation

University of Basel investigating active substances against the coronavirus

The University of Basel is using computer-aided methods in its efforts to find an active substance to fight the coronavirus. A total of just under 700 million substances have been tested on a virtual basis. This has allowed interesting substances to be identified already.

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Basel Area Business & Innovation, Innovation

Novartis and Roche are among the most innovative companies

Novartis and Roche feature among the hundred most innovative companies worldwide. This is from the Derwent Top 100 Global Innovators 2020 report. Roche is the only pharmaceutical company worldwide that has appeared in the list nine times.

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Basel Area Business & Innovation, Innovation, Invest

The pharma centers of Basel and India are influencing each other

Basel has long been one of the world’s most important locations within the pharmaceutical industry. But pharma firms are now starting to play an even bigger role in India as well. Both locations are influencing each other, as shown by the recently ended BioAsia event.

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Basel Area Business & Innovation, Innovation, Invest

Roche builds “best research center in the world”

The pharmaceutical giant Roche has officially started building its new research center in Basel. Around 1,800 researchers should be able to work there by the end of 2023.

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Basel Area Business & Innovation, Innovation, Invest

FutureHealth conference brings international experts to Basel

The FutureHealth Basel conference brought together experts, startups and those affected by digital healthcare. In addition to exploring the opportunities and challenges associated with digital healthcare, the conference also focused on strengthening the regional life sciences cluster.

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Basel Area Business & Innovation, Innovation, Invest

Novartis opens campus up for innovation

Basel-based pharmaceutical Novartis is opening up its campus in Basel to external partners, including Switzerland Innovation Park Basel Area, which will establish an additional office there.

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Basel Area Business & Innovation, Innovation

NBE-Therapeutics raises 22 million dollars

The Basel biotech company NBE-Therapeutics has successfully closed a series C financing round. The funds raised will help the company develop its leading product candidate to fight cancer.

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Basel Area Business & Innovation, Innovation, Invest

Sotio opens office in Basel

The Czech biotech company Sotio has opened an office in the Technologiepark Basel. Sotio Biotech AG will be responsible for the company’s clinical development.

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Basel Area Business & Innovation, Innovation

New at Switzerland Innovation Park Basel Area: Coretag

Coretag, a new dynamic biotech company, launches a radioligand platform technology for a range of therapeutic and diagnostic purposes. A radioligand is a radioactive biochemical that is used for diagnostic and therapeutic procedures or for studying the body’s receptor systems. Injected into the relevant tissue or administered into the bloodstream, the radioligand binds to its receptor on tumor cells surfaces. Coretag is determined to rapidly improve care with this platform technology.

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Basel Area Business & Innovation, Innovation, Invest

Basel leads in international tax competition

The canton of Basel-Stadt offers one of the world’s most attractive tax burdens for companies, according to the latest BAK Taxation Index. With an effective tax burden of 11 per cent, it has ranked seventh in the world for the first time.

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Basel Area Business & Innovation, Innovation, Invest

Basel is evolving into a pediatrics hub

The Botnar Research Center for Child Health in Basel has started its research activities. The first four projects have now been selected. Together with the DayOne Accelerator from BaselArea.swiss, Basel is gradually evolving into a pediatrics hub.

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Basel Area Business & Innovation, Innovation

Roche diabetes app replaces blood glucose meter

Diabetes patients can use an app developed by Roche to determine their blood sugar levels on the basis of two photos taken on a cell phone camera. The Basel-based pharma group has now received the CE Mark for its app, paving the way for it to be marketed throughout Europe and in other countries around the world.

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Basel Area Business & Innovation, Innovation, Invest

BeiGene wins Scrip Award

The pharmaceutical company BeiGene has won a Scrip Award that recognizes contributions across the pharma sector to improving healthcare. BeiGene’s European headquarters is located in Basel.

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Basel Area Business & Innovation, Innovation, Invest

Basel areas hold promise for investors

Substantial efforts are underway in Basel to develop new areas and create space for people and companies. The efforts were welcomed by investors at the 17th Basler Investorengespräch.

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Basel Area Business & Innovation, Innovation, Invest

Canton of Basel-Landschaft cuts corporate tax rates

Corporate tax rates in the canton of Basel-Landschaft will be cut from a maximum of 20.7 percent today to 13.45 percent in 2025. This has been stipulated by the proposed Tax Regulation 17, which was approved on Sunday.

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Basel Area Business & Innovation, Innovation, Invest

Initiative for innovative companies in Basel-Landschaft

A new initiative has been launched to support innovative SMEs and startups in the canton of Basel-Landschaft in an effort to make the region even more attractive and strengthen its ability to innovate. The initiative will offer both financial assistance and advisory services.

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Basel Area Business & Innovation, Innovation, Invest

DayOne Accelerator finalizes participants

BaselArea.swiss manages the DayOne initiative, which is now organizing the second round of the DayOne Accelerator. The participants are Digital Health startups promoting the health of children and young people.

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Basel Area Business & Innovation, Innovation, Invest

startup baselland supports company creation

BaselArea.swiss is working with selected organizations and Standortförderung Baselland to support the foundation of companies in the canton of Basel-Landschaft. At the root of the partnerships is the initiative startup baselland.

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Basel Area Business & Innovation, Innovation, Invest

Artidis joins world’s largest medical center

The Basel-based startup Artidis is developing a medical device based on nanotechnology to help with cancer diagnoses. The spin-off from the University of Basel has now been successfully integrated in the Texas Medical Center and will therefore have access to the US market.

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Basel Area Business & Innovation, Innovation, Invest

Jura has plenty of greenfield sites

The canton of Jura has more than 544 hectares of building land available, a study from the Federal Institute of Technology in Zurich (ETH) has found. Local authorities have now been presented with a detailed inventory.

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Basel Area Business & Innovation, Innovation

Vaximm is using AI to develop cancer vaccines

Basel-based biotech company Vaximm has agreed a collaboration with IT company NEC. Vaximm wants to develop personalized cancer vaccines using NEC’s artificial intelligence (AI)-based prediction system.

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Basel Area Business & Innovation, Innovation, Invest

Basel startup Nutrix beats 900 startups

The Basel startup Nutrix has won a competition at the Web Summit with its business concept. It has developed a nanosensor that measures glucose levels in users’ saliva to prevent diabetes. Nutrix is supported by the Venture Mentoring program of BaselArea.swiss and has been shortlisted for the DayOne Accelerator.

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Basel Area Business & Innovation, Innovation, Invest

Polyphor discovers new class of antibiotics

Researchers at the Allschwil pharmaceutical company Polyphor and the University of Zurich have discovered a novel antibiotics class. It has a unique mechanism of action that allows it to target multiple bacteria.

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Basel Area Business & Innovation, Innovation, Invest

Switzerland Innovation Park Basel Area opens site in Jura

Switzerland Innovation Park Basel Area has opened its third location. The park is now represented in Jura alongside its locations in the Cantons of Basel-Landschaft and Basel-Stadt. This represents something of a milestone for the operators BaselArea.swiss.

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Basel Area Business & Innovation, Innovation, Invest

Investments in Basel start-ups on the rise

Start-ups established in Basel raised more than 200 million euro in investments during the first half of 2019. Basel therefore leads the way in this regard within Switzerland, and stands in eighth place across Europe, as revealed by a new EY study.

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Basel Area Business & Innovation, Innovation, Invest

Versameb raises 6.4 million Swiss francs

Basel-based biopharmaceutical Versameb has raised 6.4 million Swiss francs in a Seed C financing round and will put the funds towards expanding its technology platform. Versameb was supported by the healthcare accelerator program BaseLaunch of BaselArea.swiss in 2017/18.

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Basel Area Business & Innovation, Innovation

Tide Ocean turns ocean plastic waste into watches

Basel-based start-up Tide Ocean turns ocean plastic waste into new products such as watches. It has now won a German design and technology award for its contribution to the circular economy.

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Basel Area Business & Innovation, Innovation, Invest

Kindoh opens global headquarters in Basel

Kindoh, a daily consumer product brand, is moving its headquarters to Basel. The location promotion organization BaselArea.swiss supported the company’s relocation from the start.

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Basel Area Business & Innovation, Innovation

Basel positions itself as international fintech hub

The Swiss National Bank is working on a fintech project with the SIX stock exchange to explore technological options to make digital central bank money available. The study is being conducted at the new Swiss BIS Innovation Hub Center in Basel.

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Basel Area Business & Innovation, Innovation

Novartis works with Microsoft on artificial intelligence

Novartis has selected Microsoft as its new strategic artificial intelligence (AI) and data science partner. With the collaboration, the Basel pharmaceutical giant aims to bolster its AI capacities and promote the development of transformative medicines.

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Basel Area Business & Innovation, Innovation

Six companies win the i4Challenge 2019

As part of the competition i4Challenge, BaselArea.swiss offers six start-ups and SMEs from Switzerland, Alsace or Baden-Württemberg comprehensive support, a platform for the implementation of their activities and, among other things, the opportunity to participate in the Trinational trade fair Industrie 4.0 (BE4.0) in Mulhouse. A high-caliber jury of independent experts has evaluated and benchmarked the various applicants very precisely.

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Basel Area Business & Innovation, Innovation, Invest

T3 Pharma raises more than 12 million Swiss francs

T3 Pharma, a Basel-based biotech company, has closed its second financing round and raised in excess of 12 million Swiss francs in the process. The company’s management has now also been strengthened as it seeks to bring its immuno-oncological product candidates into the clinical development phase.

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Basel Area Business & Innovation, Innovation, Invest

GRID boosts innovative power of Basel region

Work on the construction of the GRID complex for innovation and commerce has begun on the BaseLink site in Allschwil BL. By mid-2022, the Switzerland Innovation Park Basel Area will be operating from the new site as its anchor tenant.

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Basel Area Business & Innovation, Innovation

“The Switzerland Innovation Park Basel Area and the Jura are a match made in heaven”

The Switzerland Innovation Park Basel Area will be opening its Jura site on 25 October. Claude-Henri Schaller, Director of the Office for the Economy and Labour and Vice President of Switzerland Innovation Park Basel Area AG, is convinced that the Innovation Park can make a major contribution to the diversification of industry in the Jura and will create stronger ties between industry and research.

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Basel Area Business & Innovation, Innovation

What we learned at this year’s DayOne Conference

Twenty-two panellists and speakers, among them 3 patients and digital health futurist Maneesh Juneja, 30 project champions and their mentors, 40 volunteers and 450 participants and Arcondis as conference Partner — this was the DayOne Conference which took place on September 9 at the FHNW in Muttenz.

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Indigo Agriculture eröffnet Europasitz in Basel

Indigo Agriculture expandiert nach Europa und eröffnet dafür einen Hauptsitz in Basel. Das amerikanische Unternehmen bietet zukunftsweisende Technologien für die Agrarbranche an. BaselArea.swiss hat Indigo bei der Ansiedlung in Basel unterstützt.

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Basel Area Business & Innovation, Innovation

La transformation industrielle commence au Switzerland Innovation Park Basel Area

C’est un programme plein d’activités qui vous attend au Switzerland Innovation Park Basel Area, site du Jura, sur le Campus technologique innodel à Courroux depuis cette rentrée.

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Basel Area Business & Innovation, Innovation, Invest

Basel startup aims to change agriculture sector

Growcer AG is currently building a machine-operated vegetable farm in Basel. Robots sow, water and fertilize the vegetables, which are then harvested by humans. The concept promises to drastically reduce carbon emissions, water and fertilizer.

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Basel Area Business & Innovation, Innovation, Invest

Leading startups benefit from BaselArea.swiss

The top 100 startups of Switzerland have been revealed. In Venturelab’s Top 100, the Basel region performs particularly well in the biotech sector, while almost all the Basel companies named have benefited directly or indirectly from BaselArea.swiss.

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