Entries by Thomas Gabrielczyk

Biofuels: study challenges EU’s “tank or table” paradigm

A comprehensive sustainability assessment carried out by Cologne-based nova-Institute shows that first and second-generation bioethanol is feasible for the EU’s climate strategy.
The study challenges the “tank or table” credo of many EU policymakers, which claims biofuels are unsustainable because they use arable land and thus compete with food production.

ADC Therapeutics raises US$200m in private financing

Swiss cancer antibody-drug conjugate (ADC) developer ADC Therapeutics Sarl (Epalinges) has raised US$200m million through an oversubscribed private placement. Investors  include Auven Therapeutics, Redmile, the Wild Family Office and its development partner AstraZeneca.

Valuating biotech’s benefits

European Biotech Week:?Highlighting the benefits biotechnology has brought to pharma development, agriculture and – last but not least – the bio­economy, industry association Europa­Bio celebrated the European Biotech Week with an exhibition, “Discovering European Biotech Innovation,” in the European Parliament in Brussels.

CureVac inks $1.7bn deal on mRNA cancer vaccines

mRNA cancer therapeutics specialist CureVac AG has baged US$50m upfront and is eglible to receive up to US$1.7bn in development milestones plus royalties for the development of five commercial cancer vaccines arising from a new R&D deal with Eli Lilly & Co. Lilly also made an equity investment of €45m. 

Ablynx prices global offering

Belgian Nanobody® producer Ablynx NV said it aims to raise US$175m of its ordinary shares in a global offering, comprised of a public offering of American Depositary Shares ("ADS") in the US and Canada and an offer of ordinary shares in other countries through a private placement. 

Exciting. Innovative. Berlin. A fast-growing ecosystem

Berlin is no longer well-known only for its amazing cultural landscape and clubbing locations. Today, the German capital is one of the top three European tech start-up cities. This is a major attraction for investors, big pharma companies, and high-class researchers from all over the world who come to settle in the HealthCapital region Berlin-Brandenburg. During BIO-Europe in November, it offers the opportunity to dive into a fast-growing life sciences ecosystem.