News

Schlieren/Carlsbad - Biotech company InSphero and Advanced BioMatrix have signed a distribution agreement for the United States. This means that InSphero’s patented Akura plate technology will be available to researchers on the U.S. market.

Zug/Boston - Oculis has proven in a Phase 3 trial that just one daily application of its eye drops can significantly reduce inflammation and pain following ocular surgery. The topical formulation previously recorded positive results in the treatment of Diabetic Macular Edema.

Zurich/Edinburgh - Swissloop has won five awards at European Hyperloop Week. Swissloop also claimed the prize for the best system of the entire event with its new prototype for hovering, climate-neutral passenger transportation in electromagnetic tubes.

Zug/Zurich - Chronext has welcomed two new investors on board: Helvetica Capital and Linus Fuchs. The latter is a watch expert who will also join the company as a new member of the Board of Directors. It was only in April that a Swiss investor consortium acquired a majority interest in the online retailer for luxury watches.

Manno - XFarm has now installed its sensors to monitor environmental parameters and insect life at two Polish farms that produce fruit crops and fruit. The app developed by the start-up is designed to drive the digital transformation of agricultural enterprises. Barilla is another one of its customers.

Zurich – Helbling takes a holistic approach to decarbonization projects. By bringing together experienced experts, the engineering and consulting firm also develops solutions and concepts in the field of mobility.

Horgen/Schlieren - CDR-Life has reached a second milestone linked to the development of its drug to combat an irreversible retinal disease. This entitles the biotechnology firm to a payment as defined in and cooperation and licensing agreement concluded with Boehringer Ingelheim in 2020.

Lugano/Monterrey - Synhelion and the Mexican cement producer Cemex have made further progress in the development of fully solar-powered cement plants. Following a pilot project, they have now scaled the production of solar clinker to an industrially viable level.

Zurich/Perth - The rail services provider Rail Systems Australia has decided on Nexxiot as a partner for the digitization of railway freight transport. Nexxiot’s combination of sensors for the Internet of Things, software, and services based on artificial intelligence decreases breakdowns and downtime.