NEWS Page 1/2 Swiss Biotech Report 2020 Highlights Continued
Total Page:16
File Type:pdf, Size:1020Kb
NEWS >> https://www.bionity.com/en/news/1165983/ Swiss Biotech Report 2020 highlights continued sector growth Gene therapy, AI and advanced biologics manufacturing emerging as additional strengths 24.04.2020 - With one of the most comprehensive Key findings of the 2020 Swiss Biotech Re- life sciences ecosystems in the world, Swiss biotech port continues to thrive. The 2020 edition of the Swiss Biotech Report launched by the Swiss Biotech As- Swiss biotechs raised a total of CHF 1.2 billion sociation in conjunction with EY and seven other with an almost even split between public and pri- partners, provides highlights and analysis of fund- vate companies. CRISPR Therapeutics AG led pub- ing, M&A and collaborations, as well as a special fo- lic companies closing an equity round and ATM pro- cus on the exciting new artificial intelligence scene. gram totaling CHF 436 million. Other public compa- nies able to access fresh money were AC Immune, ObsEva, Auris Medical and Biocartis. Among pri- vate companies the largest financing rounds were achieved by ADC Therapeutics, getting CHF 101 million, and Sophia Genetics with CHF 76 million. The Swiss biotech industry generated overall rev- enues of CHF 4.8 billion in 2019, compared to CHF 4.0 billion in 2018. This boost in revenues was main- ly driven by favorable collaboration and licensing agreements for AC Immune, Basilea and CRISPR, as well as higher revenues for those biotechs al- ready selling products/services in the market. Photo by Seb Mooze on Unsplash In the ecosystem an already attractive funding en- Overall positive in tone, the report notes that fun- vironment was boosted by new specialized Swiss damentals remained strong: research infrastructure based funds such as Medicxi, ND Capital, Pureos delivered innovation, over 40 start-ups were found- Bioventures, and Bernina BioInvest together with an ed, funding continued to flow, big pharma invested ever-increasing number of foreign funds. M&A ac- heavily in production capacity for cell therapies and tivity, an indicator of sector maturity and attractive- biologics, and the talent pool was maintained. Page 1/2 https://www.bionity.com/en/news/1165983/ © LUMITOS AG NEWS >> https://www.bionity.com/en/news/1165983/ ness, thrived, as demonstrated by the Amal, NovIm- er Germany, Switzerland, Austria, at EY in Switzer- mune and Therachon deals. land. New strengths are emerging as multi-national bio- Laureates nominated for the Swiss Biotech pharma companies such as Biogen, CSL Behring, Success Story Awards Novartis and Merck invest heavily in expanding production capacity for the increasing number of Each year, the Swiss Biotech Association awards complex biologicals and cell therapies gaining ap- companies or individuals in recognition of outstand- proval. In addition, the possibilities of artificial in- ing achievements. The award winners for 2020 telligence are being exploited by companies such are Actelion, Debiopharm, Helsinn, Venture Kick, as SOPHiA Genetics, BC Platforms, Genedata, In- >>Venture>>, Venturelab, and the noble prize-win- sphero, GenomSys and SimplicityBIO. ner Professor Werner Arber. „The Swiss Biotech Report 2020 shows that Switzer- Nominated this year for the Swiss Biotech Success land has a comprehensive life sciences ecosystem – Stories Awards in 2021 are Bachem, Basilea, Esbat- from research to manufacturing – that Swiss biotech ech, Lonza, and Novimmune. companies can rely on and thus continue to thrive. Economically, life sciences are a major pillar of the Swiss economy, accounting for 40 percent of ex- ports with a truly global reach. The report also shows that the sector is not standing still with growth in new areas and a rise in international collaborations and investments,“ commented Michael Altorfer, CEO of the Swiss Biotech Association. „In line with the global biotechnology industry, Swiss biotech in 2019 again performed well, irrespective of the macroeconomic and external environment and showed resilience in the face of elevated geopoliti- cal, trade and tariff concerns. Financing held up, rev- enues increased and M&A activity continued. The only diversion was the absence of IPOs, as com- panies chose to explore other paths of finance,“ says Jürg Zürcher, Partner and Biotechnology Lead- Page 2/2 https://www.bionity.com/en/news/1165983/ © LUMITOS AG.