Biogen invests $150 million in Neurimmune
Schlieren ZH – Biogen has made a one-time payment of $150 million to Neurimmune, allowing the Schlieren-based biotech company to accelerate development of its antibody pipeline. In return, Biogen will receive a reduction in the royalty rates on potential commercial sales of an Alzheimer’s treatment.
Zug medtech company wins over investors
Baar ZG – CorFlow Therapeutics AG raised 2.6 million Swiss francs in a financing round. The company has developed a technology for diagnosing microvascular obstruction after a heart attack, which in turn improves treatment options.
Bank of Asia turns to Avaloq’s digitalization solution
Zurich – Bank of Asia will build its digital bank using a complete banking solution from the Zurich-based fintech company Avaloq.
Baloise Bank SoBa launches mortgage app
Solothurn – Baloise Bank SoBa in Solothurn is launching a mortgage app, which will allow homeowners to arrange a mortgage directly via their mobile phone. This is the first service of its kind in Switzerland.
Football tracker firm gets a million in new financing
Zurich/Frankfurt – Tracktics has developed a tracker for football players that allows them to accurately analyse their performance after a match. The startup has now received a million in new financing, which it will use to move forward with its internationalization plans.
Zürich meets Hong Kong festival opens its doors
Zurich – The festival Zürich meets Hong Kong celebrates the art and culture, science and technology of both cities. Zurich universities are taking part in a series of festival events, which runs from 21 to 29 October in Hong Kong.
WISeKey to store data in Uri Alps
Geneva/Attinghausen UR – The cybersecurity company WISeKey plans to use a data centre run by the Uri-based company Deltalis for its new cryptocurrency WISeCoin. The data centre is located in a former military bunker in the Swiss Alps.
Solar-powered drone monitors glacier
Zurich – Researchers at ETH Zurich have developed a solar-powered drone. The AtlantikSolar has now been successfully used in a field test in the Arctic, where it mapped valuable data on a local glacier.
Dutch health insurer turns to dacadoo solution
Zurich – The Dutch health insurer Menzis is launching a new health platform that will include apps powered by the Zurich-based startup dacadoo. The platform will help users improve their health in an easy and fun way.
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