Hiloprobe AB has signed off on a partnership deal with a group of public and private stakeholders who have come together to back this high-potential startup. Hiloprobe is now complemented with much needed business expertise – as Mattias Pettersson from Northern Light Capital joins the board of directors, The company aims to launch their product for improved colorectal cancer diagnosis by 2020.
Inficure Bio has developed a new mouse model, the N-IF model. Mice are used as model organisms for studying human biology due to the genetic and physiological conformity between mice and humans. N-IF mice are unique as they spontaneously develop pathological fibrosis, rather than it being induced. This pathological progress is therefore more natural and provides better and faster results.
UBI Company Quretech Bio has reached a milestone in its development.
Recently, the company took its first investment capital and a cunning business development partner – a local player in Västerbotten.
After a thorough selection process, Lipum AB has been granted SEK 22 million from the EU’s Horizon 2020-initiative. This is a great leap forward for researchers who want to better quality of life for children and adults with chronic inflammatory diseases.
Umeå region’s life science companies and Umeå Biotech Incubator (UBI) have generated great successes during recent years. One of the contributing factors is the unique process that has been developed during the three-year HIBA project.
The results from the evaluation of the highly competitive national call “Projects for Better Health” were announced on March 18th. Again, two UBI-related cases are among the 22 successful applicants who receive funding. The total sum granted is 20,5 million SEK.
The ninth edition of Biotech Umeå’s annual partnering event was the first ever to fill up before deadline. Around 30 Swedish and European investors met with 13 startups and early cases. Two weeks after the event participants report an impressive turnout – on average they have retained at least five active leads per company.
The first ever edition of Meet Umeå Life Sceince gathered over 70 branch experts, entrepreneurs and researchers in Stockholm. This after-work networking mingle allowed startups to connect with experienced professionals with industrial expertise and business know-how. The aim was to match our promising ideas with the skills necessary to grow successfully.
As we enter 2018, we look back at a hectic, inspiring and successful year for the incubator-related community of life science companies in Umeå. We are experiencing a surge in incoming ideas, elevated interest from the industry and a stronger demand for the incubator facilities and labs.
Inficure Bio has signed an investment deal acquiring external venture capital for the first time. The new partners contribute with broad competence and funding – and within one year the goal is to become an established player on the international market for development of anti-inflammatory and antifibrotic drugs.
Eighteen meetings in two days. The team from Umeå reported a record interest in our portfolio of startups at the Nordic Life Science Days in Malmö 12-14th of September. Record participation, new location, world renowned key notes, displays, discussions and panels added to the success of the largest life science event of the year in Scandinavia.
17 out of 18 participating innovators recommend other researchers to work with Umeå Biotech Incubator. A recent interview study shows the cases appreciate being questioned, challenged and coached into really testing their ideas before proceeding.
A few weeks ago, Sofia Mayans, CEO of the startup InfiCure Bio, got an offer she could not turn down. Her successful participation in the “Entreprenour of the Future” last year had attracted some international attention – and suddenly she was the only woman out of eight CEO’s closing the bell at Nasdaq in New York City.
Quretech, Hiloprobe and Inficure made the 30th of March a day to remember for Umeå Biotech Incubator. Beeing at three different events, in three parts of Sweden – they all managed to take home the main prize. An unprecedented hat trick that shows how strong the startup portfolio from Umeå really is.
On march 6th and 7th Umeå had a prominent visitor from Silicon Valley – the internationally acclaimed pitch coach Nathan Gold. One day was set aside for an exclusive pitch-workshop with startups – the other was a meta-session where the coaches got a brush-up of their own coaching skills – a rather unusual service.
The 14 and 15th of February, Umeå Biotech Incubator organised an Early Drug Development course open to both in-house projects and academics. 20 participants attended, 100 percent would recommend the course, and 90 percent evaluated the content as “very informative”.
The business coaches at Umeå Biotech Incubator have collected an impressive know-how over the years. With their inside position of some of the most innovative medical solusions they know how to get a life science company to thrive and grow.
Since 2012 the number of women entrepreneurs in our incubator has tripled. Our CEO, Jennie Ekbeck, attributes the increase to visible role models, national incentives and a strategic long-term approach to include and motivate everyone who is willing to test their idea.
QureTech Bio AB, a start-up at Umeå Biotech Incubator, developing first line drugs to combat antibiotic resistance and infectious diseases, won the BIO-Europe Spring Start-up Slam, in competition with 16 other presentations from 16 other Swedish life sciences start-up companies.