Lipum, an UBI alumni, has signed the grant agreement for BEYOND, a project selected by Horizon Europe under the call Boosting the translation of biotech research into innovative health therapies. The project has been awarded approximately EUR 8 million, of which EUR 5.5 million will be allocated to Lipum.
Umeå-based Lipum will reach an important milestone in its history this year as clinical trials begin on its antibody to treat inflammatory diseases. No less than 17 consultants are now involved in the drug’s development.
“Developing a new drug is complicated, and the process is governed by strict regulations. It is therefore important to build a competent team in and around the company. The number of employees a company has does not always tell the whole story. In reality there are often many more people needed to develop a drug”, says Pernilla Abrahamsson, Chief Operating Officer at Lipum.
Umeå-based biopharmaceutical company Lipum has been working towards a stock exchange listing since 2018 – and now the moment has finally arrived.
On Thursday, April 22, shares in Lipum will be traded on the Nasdaq First North Growth Market for the very first time. The company will ring Nasdaq’s opening bell, which has been specially transported to Umeå, to mark the occasion.
Umeå-based biopharmaceutical company Lipum AB is raising capital for a listing on the Nasdaq First North Growth Market in the spring of 2021.
“We are taking the next exciting step in the company’s development”, says Lipum’s CEO Einar Pontén.
Lipum AB has appointed Marina Norberg Chief Financial Officer (CFO).
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.
Now Umeå company Lipum brings more expertise to the company. Professor Anders Fasth steps in as an advisor in the development of medicines for inflammatory diseases.
“It is very gratifying that he joins the team,” says Einar Pontén, CEO of Lipum.
Life science industry figurehead Pernilla Abrahamsson has left her position as Product Development Manager at stock market listed Senzime to become Chief Operating Officer (COO) at Lipum, located at the Umeå Biotech Incubator.
Umeå life science company Lipum will participate in one of the world’s largest congresses for rheumatic diseases this June.
“The elite of our industry gathers at this congress once a year and competition is incredibly intense. It’s important to be seen there”, says Einar Pontén, CEO of Lipum.
Umeå-based Lipum, which is developing a biological drug for the treatment of chronic inflammation, has attracted SEK 25 million in new investment to help boost the company’s growth.
Small and medium-sized life science companies operating in the Västerbotten county in Sweden will double in numbers over the next ten years, while a vibrant scientific community will add to the growth. These are the goals set by Umeå Biotech Incubator (UBI), which is now entering a new development phase of its incubator operation in Umeå.
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.
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.
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.