Subscribe
Subscribe

Discovery and research, Finance and Investment, Industrial application

Lessons learned from COVID-19: how do we prepare for the next pandemic?

Although the crisis has not yet passed, COVID-19 has already taught us many valuable lessons. This past year has tested us all, but governments and companies across the world have come together to tackle this global health challenge. In February, industry leaders from Flanders and Canada joined in a webinar, organized by Flanders Investment and Trade (FIT) and The Embassy of Canada to Belgium and Luxembourg, to discuss how we can already start applying our newfound knowledge to help prepare for the next pandemic.

Rejuvenate Biomed Secures EUR 3.2 Million Series A Round to Advance Development of Healthy Aging Products

Heusden-Zolder, Belgium, 2 March 2021 – Rejuvenate Biomed NV (“Rejuvenate”), a biomedical company developing prescription drugs for age-related diseases, announces it has completed a EUR 3.2 million Series A round. The funding is being used to advance the development of Rejuvenate’s lead candidate RJx-01 in both acute and chronic sarcopenia (disuse-induced and age-related muscle failure).

V-Bio Ventures: a fresh fund with a difference

V-Bio Ventures recently announced their second fund, with the first closing already totaling 78 million euros [final close at 110 million euros - Ed.]. As a VC fund with a focus on early-stage life sciences companies, V-Bio will be using Fund 2 to continue supporting European start-ups working on effective healthcare or sustainable agriculture solutions. In this interview, co-founders Christina Takke and Willem Broekaert, along with new Managing Partner Shelley Margetson, share some success stories from V-Bio’s first five years and how they plan to create value for both investors and society in the future.

Newton Biocapital invests in Flemish start-up DeuterOncology

Brussels, Belgium, 24 February 2021 – Newton Biocapital I (“Newton Biocapital”), a life sciences investment fund active in Europe and Japan focused on chronic diseases, has announced investment in DeuterOncology. Newton Biocapital’s second investment in Flanders, DeuterOncology is a preclinical-stage biotech company focusing on the development of a first-in-class dual MET and RAS pathway inhibitor for targeted cancer therapies.

Onco-immunology Company Pan Cancer T Launched as Spin-off from Erasmus Medical Center

Dutch biotech company developing first-in-class T-cell Receptor (TCR) T-cell therapies. Seed investment by Swanbridge Capital and Van Herk Ventures with support from Health~Holland

V-Bio Ventures launches its second fund at EUR 78 million

First Closing of V-Bio Fund 2 is announced at EUR 78 million. V-Bio Fund 2 will ensure seamless continuation of investment activities in early-stage European life sciences companies. V-Bio Ventures announces expansion of executive team, with Shelley Margetson joining as Managing Partner

The rapid evolution of Chinese biotech

The world is smaller today than it has ever been. With the COVID-19 pandemic, we have seen the advantages of a connected international pharma and biotech industry, which was able to rapidly mobilize to provide solutions for this global threat. The pandemic is not the only opportunity for cross-border collaborations, however. With an increasing focus on healthcare innovation, the rapid evolution of Chinese biotech is bringing benefits to companies and patients around the world.

Belgian biotechs partnering with China: deals of 2020

In 2019, a delegation of Belgian biotechs participated in an economic mission to China led by H.R.H. Princess Astrid. Co-organized with BioCentury’s annual China Healthcare Summit, the mission was a success: three of the participating companies have already signed deals with Chinese collaborators or investors. We spoke with the CEOs of these companies to find out what kind of deals they obtained, and to hear about their experiences of working with Chinese partners.

Long-term loyalty: A Belgian fund’s perspective on Chinese investors

Over the past few years, an increasing number of European biotechs have been signing deals with Chinese investors. The Chinese are increasingly interested in European, particularly Belgian, biotech. But it’s not just for money: strategic investments with potential deals seem to be at the forefront of these agreements. How do European venture capitalists feel about this trend? We spoke with Chris Buyse from Fund+ to find out.

eTheRNA and China Grand Pharma enter a strategic collaboration in the Greater China Region focussed on eTheRNA’s proprietary mRNA development products and manufacturing capabilities

Niel, Belgium, 1 December 2020 - eTheRNA immunotherapies NV (“eTheRNA”) announced it has entered into a strategic cooperation and product license agreement with China Grand Pharmaceutical & Healthcare Holdings Ltd (“China Grand Pharma”) to establish a new joint venture company, Nanjing AuroRNA Biotech Co., Ltd. (“AuroRNA Biotech”) in Mainland China to deploy eTheRNA’s proprietary mRNA technology for pharmaceutical research and development and production in the Greater China Region.

Newton Biocapital I invests in Perseus Proteomics Inc. in Japan to develop therapeutic antibodies for the treatment of blood cancers

Brussels, Belgium / Tokyo, Japan – 1 December 2020 – Newton Biocapital I (“Newton”), a life sciences investment fund active in Europe and Japan and focused on the treatment and prevention of chronic diseases, has announced its third investment in Japan. Newton invested EUR 1.2 million (JPY 148 million) in Perseus Proteomics Inc. as part of a total round of EUR 8.1 million. With this investment, Perseus Proteomics will continue its research and development of PPMX-T003 - a key growth driver antibody - and other antibodies in the pipeline.

A bridge from East to West: linking Chinese and European biotech

There are two main reasons why a European company might want to establish official links with a Chinese investor: funding, and access to the second largest healthcare market in the world. But don’t go rushing in blind!

V-Bio Ventures invests in new start-up Animab in a EUR 3.4 million Seed Financing to improve health and performance of livestock animals

Gent, Belgium, 27 October 2020 – Today V-Bio Ventures announces its investment in Animab, a new venture spin-off from VIB, in a EUR 3.4 million Seed financing round. The company develops monoclonal antibodies for oral administration to ensure intestinal health of livestock. The initial focus is on improving the resilience of piglets during the fragile post-weaning period. The start-up will use the seed capital to develop its first oral antibody product for protection against ETEC and initiate a product portfolio for the livestock industry.

Belgium: the number one biotech country in Europe!

For the third year in a row, Belgium has been ranked the number one country in Europe for biotech! Belgium is consistently included in the top five countries on a number of measures. But when it comes to the total market value of all public biotech companies in Europe, Belgium really takes the cake with a huge 24% slice. Furthermore, despite pressure from the pandemic, the value of Belgian biotech companies has increased by no less than 56% in the past year to €42 billion, putting 2020 on course to be a record-breaking year in a positive way. The great news was presented by KBC Securities at the virtual State of the Union organized by flanders.bio and VIB for this year’s Knowledge for Growth.

Countering COVID-19 with llama antibodies

In July 2020, VIB spin-off ExeVir Bio raised €23 million to advance a llama-derived antibody against COVID-19. The company is based on the work of VIB researchers, who showed that these nanobodies can protect against the coronavirus in lab animals. ExeVir has now announced it will start testing the drug in COVID-19 patients in the coming months. The scientists are aiming to have the therapy ready for widespread use by spring 2021.