News Archives

Lipigon attracts SEK 16.6 Million in new investment round to fight cardiovascular disease

02

Jul

Umeå-based Lipigon Pharmaceuticals has attracted SEK 16.6 Million in a new share issue that will help it get nearer to its goal of reducing the number of global deaths caused by cardiovascular disease.
“We are extremely proud our new shares issue was oversubscribed, particularly during the ongoing Coronavirus pandemic when many investors are feeling more cautious. It is an indication of the level of belief in us,” says Stefan K Nilsson, CEO of Lipigon.

QureTech Bio has secured a US patent for tuberculosis treatment

22

Jun

Umeå-based QureTech Bio has received preliminary approval for a patent application in the US for a drug candidate that helps treat tuberculosis.
“The US is a key market for us so this news really helps strengthen our position. We are at a very exciting stage right now,” says Fredrik Almqvist, CEO of QureTech Bio.

Key appointments being made at new diabetes vaccine facility in Umeå

18

Jun

Construction of Diamyd Medical’s new vaccine manufacturing unit in Umeå is now underway, with a number of key roles being actively recruited to help staff the new facility. Newly-appointed site manager Maja Johansson is responsible for establishing the process for the production of GAD, the active substance in the study drug Diamyd.

HiloProbe attracts millions in new investment round

10

Jun

Umeå biotech company HiloProbe has attracted millions in new investment capital after successfully developing a diagnostic and prognostic product for colon and rectal cancer.
“Capital is crucial for getting our product to patients and helping them,” says Lina Olsson, HiloProbe’s CEO.

Agrisera acquired by Uppsala life science company Olink

20

May

After many years of private ownership, Vännäs-based Agrisera has been acquired by Swedish biotech company Olink Proteomics AB.
“The Agrisera brand was very strong in itself, but this step offers us great opportunities that can benefit both our customers and partners,” says Erika Gelfgren, CEO of Agrisera.

Lipigon signs major new deal with Shanghai-listed HitGen

14

May

Umeå-based Lipigon Pharmaceuticals AB has signed a major new agreement with Chinese biotech company HitGen to develop drug candidates that treat blood fat disorders and cardiovascular diseases.
“We want to create effective treatments and contribute to a better quality of life for patients,” says Stefan K Nilsson, CEO of Lipigon.

Recruitment drive at UmanDiagnostics continues as orders anticipated to rise

13

May

Last summer Umeå-based UmanDiagnostics was acquired by major US life science company Quanterix for $22.5 million. Now it is recruiting additional staff at its offices in Umeå to meet an expected rise in new orders.
“We’re continuing to invest and are confident we’ll come out of the Coronavirus crisis even stronger, despite the uncertainty being faced by many industries,” says Niklas Norgren, CEO of UmanDiagnostics.

Pro Test receives 17 million – for blood doping test

11

May

Pro Test Diagnostics has developed a unique antidoping kit for blood doping, which will soon be out on the market. The company now takes in SEK 17 million in capital from Nascent Invest AB and the co-owner Fort Knox Förvaring AB.
“Sports federations all over the world, testing agencies and the International Olympic Committee all signal that there is a great need in the market. Thanks to new capital, we are taking a step in the fight against blood doping”, says Anders Mannelqvist, CEO of Pro Test Diagnostics.

New vaccine facility in Umeå creates more jobs for city’s thriving life science industry

22

Apr

Publicly listed Diamyd Medical is to open a new vaccine manufacturing facility in Umeå.
“This is fantastic news and demonstrates that Umeå is a growing life science hub,” says Jennie Ekbeck, CEO of Umeå Biotech Incubator.

QureTech Bio granted millions to fight antibiotic resistance

21

Apr

Umeå life science company QureTech Bio has received a SEK 3 million grant from the Swelife innovation programme (funded by the Swedish Government via Vinnova) to make antibiotic-resistant bacteria sensitive to different antibiotics again.
“We are delighted to receive this grant, as it will enable us to create a product that can help patients and save lives,” says Fredrik Almqvist, CEO of QureTech Bio.

Memotus App at forefront of digital healthcare

02

Apr

Umea-based health technology company Instrube Health AB has developed a new communication app for the healthcare industry. Called Memotus, the new messaging app and platform is designed for both healthcare providers and patients, allowing them to manage consultations and follow-up visits digitally.
“We are now ready to supplement physical care by offering healthcare providers a digital communication tool”, says Mikael Östberg, CEO of Instrube Health.

Lipigon signs new deal in billion dollar market

24

Mar

Umeå-based Lipigon Pharmaceuticals has signed a new deal and taken over the patent portfolio for a number of drug candidates that could help treat cardiovascular diseases.
“The market in treatments for various blood fat disorders amounts to several billion dollars. This is a very important opportunity for us,” says Stefan K Nilsson, CEO of Lipigon.

More new recruitments at Umeå Biotech Incubator

12

Mar

Umeå Biotech Incubator (UBI) is strengthening its team once again with the appointments of a new Business Coach and Community Manager.
“The pressure is on! Right now we have a lot of ideas developing at our incubator and several of our companies are looking to take the next step. That’s why it is so important we have sufficient resources to handle this growth”, says Jennie Ekbeck, CEO of UBI.

Biotech Expert Joins Lipum Board

09

Mar

Dr Kristian Sandberg, Director of the Drug Discovery and Development platform at SciLifeLab, has joined the board of Umeå-based biotech company Lipum.
“Kristian has extensive experience in drug development. We are absolutely delighted to announce his appointment”, says Ulf Björklund, Chairman of the Board at Lipum.

Competition: What shall we name our conference rooms?

12

Feb

In our new coworking space we have two conference rooms – help us name them!

After several big contracts – Umeå life science company recruits

11

Feb

Umeå-based Inficure Bio is expanding again, as yet another employee is hired to meet the growing demand for the company’s products.
“Things are going really well for us right now and it feels like the perfect time to expand our team,” says Sofia Mayans, CEO of Inficure Bio.

Chinese investment firm injects SEK 3 million USD into Umeå biotech company

10

Feb

Chinese investment firm Ivy Capital is investing almost 3 million USD into Umeå-based biotechnology firm Betagenon.
“This investment is incredibly important to us and the development of our product. We hope to produce a cure for widespread diseases,” says Thomas Edlund, Co-Founder and CEO of Betagenon.

Record numbers expected to attend Umeå life science events in Stockholm

28

Jan

Umeå Biotech Incubator (UBI) is hosting two events in Stockholm later this week. Both the Meet Umeå Life Science and the Biotech Umeå Investment Day are expected to attract record numbers of participants.
“These events are a great way for us to connect life science companies from the Västerbotten region with national and international experts and investors. And this year a record number of participants have registered for the events, which feels amazing,“ says Jennie Ekbeck, CEO of Umeå Biotech Incubator.

Lipigon recruits new talent after multi-million SEK deal

20

Jan

Life science company Lipigon Pharmaceuticals has recruited two new members of staff following the signing of a multi-million SEK agreement for its gene therapy project with listed Nordic company CombiGene.
The new appointments will bring additional knowledge and skills to the Umeå-based company that will help it reach project milestones in the years ahead.
“This agreement allows us to grow, which is great for us and for Umeå,” says Stefan K Nilsson, CEO of Lipigon.

Umeå Biotech Incubator opens new office space in Umeå

11

Dec

Now Umeå Biotech Incubator is creating new business areas on Tvistevägen near Umeå University.
”It will be a new and modern co-working space for Umeå’s startups – where the companies can grow and collaborate,” says Jennie Ekbeck, CEO of Umeå Biotech Incubator.