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RESI Europe Innovators‘ Pitch Challenge Finalists Announced

21 Mar

By Claire Jeong, Director of Research, Asia BD, LSN

claireOur next RESI will be landing in Vienna in just 4 days, and we are excited to announce the 5 Europe Innovators’ Pitch Challenge finalists for our inaugural Europe conference! These early-stage companies have been selected to present a short pitch to a panel of investor judges, who will provide these companies with constructive feedback.

First introduced in RESI Boston last year (September 2018), the Pitch Challenge has become a unique opportunity for the earliest stage companies, especially those who have had minimal experience in pitching and getting in front of investors. By hearing from investors and key industry partners who actively source and evaluate early-stage technologies, companies are able to improve on their pitches and work on areas of improvement more efficiently.

The Europe Innovators’ Pitch Challenge will run from 1:00 – 2:30 pm on the day of RESI and all attendees are welcome to participate as part of the audience. We look forward to seeing you there!

Moderated by Greg Mannix, VP of International Business Development at Life Science Nation, the investor panelists are:

  • Iris Öhrn, Investment Advisor – Life Sciences & Healthcare, Business Region Göteborg AB
  • Benedikt Luhmann, Principal, VI Partners
  • Andreas Jurgeit, Partner, Lundbeckfonden Emerge
  • Evan Castiglia, Principal, Philips Health Technology Ventures

And last but not least, the finalists are:

Revax

Revax is delivering revolutionary new vaccines for respiratory infections.
2019 scientific publications show that vaccines delivered to the lungs are highly effective being more effective than traditional injection vaccines and provide broader cross-reactive and long-lasting protection. Bringing together key players in aerosol delivery, academic excellence in vaccines, industrial support and clinical research organisation expertise, Revax promises to deliver a revolution in vaccination.
Advantages
* More amenable to use in children and the elderly
* Cross protective, valuable for seasonal changes in influenza and valuable for pandemics
* More effective vaccines, for example for TB
* More boostable immune responses
* Lower dose is required, reducing costs and time of manufacture, and facilitating storage and logistics issues, etc

Verde Biopharma

Medicinal cannabis is efficient – but hard to administrate – due to the challenges of THC. Verde biopharma is developing a unique set of products for pharmacies, healthcare and personal use that levels the playing field for therapeutic applications of medicinal cannabis, in a safe manner within the guidelines of the newly presented WHO recommendation for a legal rescheduling of cannabis. Our platform allows for greater individualization of medicinal cannabis products for the global market – and a practical solution to many of the challenges of the new market.

PlatOD

Platelets are blood cells which stop bleeding. The only source of platelets for transfusion is from blood donors, but there are issues of shortage, safety and efficacy. PlatOD provides an alternative to platelet transfusion from blood donors, by manufacturing platelets from stem cells using fluidic devices. With its 3 patents and know-how combining physics and biology, PlatOD has a key asset, the short duration of platelet production in its fluidic device. With its must-have technology, addressing the issue of large-scale production, PlatOD will provide the means to produce at a reasonable cost, the large volumes requested for clinical studies. The plan is to develop a pilot in 2 years, with a 4M€-fundraising.

Sumondo

We are developing a device that can help workplaces reduce costs regarding stress-related sick-leave. They can cut sick-leave expenses with 60% and increase work productivity. From our device, the employees get biofeedback and learn what their stress-level is. The management can collect the data and show it on a common dashboard. Interventions should be made and their effect can be measured before and after. We measure 24/7, also during sleep and can give early warnings about emerging toxic, chronic stress, which woul lead to severe illness, long-time absence and inability to work. Our main target are workplaces. A secondary target are hospitals which we can help reduce stress and provide early warnings about severe developments in the patients with cardio-vascular diseases.

Iluria Health

Iluria is a digital health company focusing on ADHD. In a nutshell, we aim to solve the current trial and error ongoing treatment in ADHD patients. We are doing so through an ML based solution which provides on-going, personalized & passive ADHD monitoring, using biomarkers data (wearable agnostic) and AI analysis.

RESI Europe Innovation Challenge – Meet the Startup Finalists

14 Mar

By Karen Deyo, Investor Research Analyst, LSN

The inaugural RESI Europe is just around the corner, and with that, we are happy to announce the finalists for the RESI Innovation Challenge. On March 25th in Vienna, these finalists will present posters of their technologies in the Exhibition Hall. From therapeutics to devices, diagnostics to digital health, the technologies are as diverse as the countries these companies represent, with startups participating from all over Europe, Israel and even from the US. We encourage all attendees to take the opportunity to check out all of these companies and their technologies and to “invest” your “RESI cash” in your favorite(s). The top three companies will receive prizes at the end of the day, so make sure to go through the exhibition hall and cast your votes!

Thank you to all of the companies that submitted applications to the Innovation Challenge – we encourage you to try again at a future RESI. Good luck to the finalists, and we look forward to seeing you in Vienna!

Therapeutic

 

Diagnostic

 

MedTech Device

 

Digital Health

At RESI Europe, Investors Discuss the Challenges for Diagnostic Startups

14 Mar

By Lucy Parkinson, VP of Investor Research, LSN

There’s a widespread perception that funding and launching new diagnostic technologies is a difficult undertaking.  In addition to the scientific and technical challenges of developing a new product, diagnostic entrepreneurs need to build a solid business case that will indicate future success.  Many fail to realize that investors will be as interested in evidence of market traction and physician support than in signals of diagnostic sensitivity and specificity.

At RESI Europe, five experienced senior staff from investment firms and major strategics in the industry will explain how they look for good bets in the diagnostics field.  Representing a spectrum from early stage investment to potential exit partner, these investors will explain to the audience what it takes to get a diagnostic funded and how they help startups bring new tests and monitoring solutions to market.

Moderator: Tom Miller (Managing Partner, Greybird Ventures)

After receiving a degree in Nuclear Engineering from the University of Massachusetts at Lowell, Tom studied Medical Physics at the Harvard/MIT Health Sciences and Technology joint program graduating with a Masters degree in 1982. During his academic career he worked at Los Alamos, the Swiss Institute for Nuclear Research (now the Paul Scherer Institute), Brookhaven National Laboratory, and the Massachusetts General Hospital as a research associate in radiation biophysics. Tom then joined Siemens Medical Systems where, after 9 years, he became the first non-German CEO of a German factory and business unit. He left Siemens after 15 years to become CEO of the global medical operations of Carl Zeiss. Completing a successful turnaround, he joined Analogic Corporation as CEO. After three years and a doubling of the stock price, Tom left to become CEO of LightLab Imaging, a start-up that he helped to establish. Completing a profitable sale of LightLab, Tom re-joined Siemens eventually serving as a member of the operating board of Siemens Healthcare and the CEO of Customer Solutions Division, responsible for 26,000 employees in over 130 countries. Tom co-founded GreyBird in mid-2013 with an investment focus on technologies enabling precision medicine diagnosis.

Walter Stockinger (Managing Partner, Hadean Ventures)

Walter is a seasoned healthcare investor with previous experience in strategy consulting and basic research. After joining the Boston Consulting Group as a member of the Healthcare Practice Team Walter advised pharmaceutical companies and PE firms in the context of commercial projects as well as during buy and sell side M&A transactions. In 2009 walter joined the London office of one of the largest specialist healthcare VC firms. Being responsible for deal sourcing, due diligence and exit management Walter gained significant experience by successfully investing into and exiting portfolio companies.

Walter received a master’s degree and a PhD in biochemistry from the University of Vienna. After his graduation, he worked for over five years as a research fellow at Harvard University. He has published 15 peer reviewed papers in top scientific journals including Cell and EMBO.

Michael Sidler (General Partner, Redalpine)

Dr. Michael Sidler has co-founded Redalpine Venture Partners 2007 and acts as General Partner for Redalpine Capital Funds I to IV. Redalpine invests in European tech and health tech companies. Before Redalpine, Michael was responsible for corporate investments and M&A at Prionics AG, a Diagnostics / Biotech company in, Switzerland, where under his guidance several acquisitions have been completed. From 1998 to 2003, Michael was with The Boston Consulting Group in Zürich and Toronto. Michael Sidler holds a PhD in Life Sciences from University of Zurich. He is a member of several organizations, juries and boards for the support of innovation and startups.

Ekkehard Kauffmann (Global Business Development M&A, Roche Diagnostics)

M&A and Strategy lead in Roche Diagnostic Global Business Development, responsible for external growth strategies as well as evaluating and securing early to commercial stage innovation for Roche Diagnostics through acquisitions and other deal types. Previous leadership roles in business development and R&D at Bayer and in the Novartis spin-off company Zeptosens. Ph.D. in Biophysics and executive MBA education background.

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