Startup Labs at the Vienna BioCenter
Vienna is one of Europe’s leading metropoles for biotech start-ups. Excellent academic education and research, strong regional sites by global players such as Boehringer Ingelheim, Octa-pharma, Pfizer and Takeda and world-renowned hospitals are key ingredients in the Austrian recipe of success. Proven funding programs such as PreSeed and Seedfinancing by the Austrian promotional bank Austria Wirtschaftsservice, experienced investment management teams at federal and regional level, and a research tax premium of 14% are additional ingredients. The Vienna Business Agency is now offering new co-working labs to facilitate start-up processes.
Hotspot Vienna BioCenter
At the Vienna BioCenter, new business ideas are evaluated and implemented in the immediate vicinity of IMP, IMBA; GMI and the Max Perutz Labs that provide home to world-renowned research groups. Start-ups also can learn from business strategies followed by their experienced neighbors, including Apeiron, Hookipa, Lexogen, Thermo Fisher Scientific and Valneva. The new Startup Labs are in high demand with the first group of users including:
- a:head bio AG
- Ablevia biotech GmbH
- G.ST Antivirals GmbH
- Miti Biosystems GmbH
- MyeloPro Diagnostics and Research GmbH
- Pregenerate GmbH
- Proxygen GmbH
- THT Biomaterials GmbH
- QUANTRO Therapeutics GmbH
These companies strive to create business cases based on the latest scientific findings. Their focus areas are highly diverse and range from drug development to screening platforms and various specialized services. Indications include arthritis, auto-immune disorders, cancer, brain diseases and viral infections.
Boehringer Ingelheim supports the Start-up Labs Program and fosters excellent life science innovation. It has awarded the first BI Innovation Prize in Europe to the CeMM-spin-off company Proxygen.
New executive board member
Philipp Hainzl oversees the Startup Labs. Recently, he also joined the LISAvienna executive board where he represents the Vienna Business Agency. He and Johannes Sarx from the Austrian promotional bank Austria Wirtschaftsservice are now jointly responsible for Vienna’s thriving life science cluster.
Johannes Sarx and Philipp Hainzl
This article was published in the European Biotechnology Magazine Winter Edition 2020.
Vienna celebrated the opening of affordable, flexible co-working labs Pictures: LISAvienna, Vienna Business Agency / Tircza Podzeit