Energy Vault begins trading on stock exchange
Lugano/Westlake Village - Energy Vault has been listed on the New Yorker Stock Exchange since 14 February. This follows the hub storage power plant expert successfully completing its business combination with Novus Capital Corporation II. The listing values the company at US$1.1 billion.
Memo Therapeutics receives 60 million Swiss francs
Schlieren - The progress being made by Memo Therapeutics in the development of novel therapeutic antibodies has resonated with investors. In an oversubscribed Series B financing round, the biotech from the Greater Zurich Area successfully raised 60 million francs in total.
Empa looking into microcracks in aircraft
Dübendorf - Researchers from the Swiss Federal Laboratories for Materials Science and Technology in the Greater Zurich Area have joined forces with colleagues based in the UK and Germany to develop a monitoring system for aircraft components. It is designed to detect small defects and monitor their development. In turn, this could cut maintenance costs and increase flight safety.
ETH researchers discover new class of natural products
Zurich - A team from the Swiss Federal Institute of Technology in Zurich has uncovered new drug candidates for antibiotics in bacteria. The researchers used bioinformatic methods, among other approaches, to find new peptide natural products that offer a wealth of potential.
HeiQ agrees partnership with Hugo Boss
Schlieren/Metzingen - The textiles technology firm HeiQ, based in the Greater Zurich Area, is entering into a partnership with Hugo Boss AG. The fashion house is investing a sum of 5 million US dollars to support the launch of the innovative, environmentally friendly HeiQ AeoniQ yarn.
Switzerland and Singapore come together to stage fintech conference
Zurich - In June, Switzerland and Singapore will jointly hold an international fintech conference in the Greater Zurich Area. Executives from the financial and economic sector will have the opportunity to exchange ideas at the event. The conference will aim to promote and drive innovations in this area.
Global recognition for Ticino oncology
Bellinzona - The lymphoma group of the Institute of Oncological Research and the Oncological Institute of Southern Switzerland has published a guide to detecting lymphoma. This reports on the current status of their research and was commissioned by the “New England Journal of Medicine”.
Fluorescent biosensors deliver insights into brain activity
Zurich - Researchers have developed a method in which the receptor of a specific neurotransmitter fluoresces green when the corresponding molecule binds. In this way, the researchers are able to investigate, for example, how diseases such as narcolepsy and addiction develop in a living brain.
UZH and ETH establish Wyss Zurich Foundation
Zurich – The new non-profit Wyss Zurich Foundation created by the two universities in Zurich will provide the joint Wyss Zurich Translational Center with a stable, long-term structure. The foundation will decide on grants for research in regenerative medicine and robotics in future.
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