CEBINA GmbH Announces the Launch of Danube Labs, A Partnership with Evotec to Develop Cutting Edge Biotechnology Projects Sourced from Central and Eastern European Universities and Research Institutions
June 14, 2021 at 04:00 am EDT
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CEBINA GmbH announced the launch of Danube Labs, partnership with Evotec SE to fast-track early-stage academic research to drug discovery and development. The joint project, financed by a dedicated group of private investors, will identify, and develop academic projects into mature therapeutic product development opportunities, primed for biotech company formation or partnering. Despite high quality life science and biomedical research in Central and Eastern Europe (CEE), there is relatively low commercialization activity in this region and lack of significant investments in the biotechnology sector. As part of its mission to develop innovative biotech projects and accelerate them towards market, CEBINA will expand its current activities to scout projects from leading universities and research institutions in Central and Eastern Europe through Danube Labs. Using its network with CEE universities and research institutions, CEBINA will identify promising academic research projects, early-stage drug discovery and development projects and select those with cutting edge science and commercial potential for entry into Danube Labs, and to provide funding and support to develop the projects. Evotec will apply its drug discovery and pre-clinical development platform to mature selected projects as a way to accelerate the projects and to prime them as future investment opportunities. Evotec has previously partnered with globally leading universities as part of its BRIDGE (Biomedical Research, Innovation & Development Generation Efficiency) program.
Evotec SE is a Germany-based drug discovery and development company. The company is engaged in development of new pharmaceutical products through research alliances and development partnerships with pharmaceutical and biotechnology companies, academic institutions, patient organizations and venture capital companies. The drug discovery solutions are provided in the form of fee-for-service work, integrated drug discovery alliances, development partnerships, licensing of drug candidates and consulting arrangements. Evotec SE operates in a number of areas, including neuroscience, diabetes and complications of diabetes, pain and inflammation, oncology, infectious diseases, respiratory diseases and fibrosis. Its pipeline covers a range of therapeutic areas, such as CNS Insomnia, Chronic cough, immunology & inflammation, womenâs health endometriosis, nephrology, dermatological diseases, fibrotic disease and antiviral, among others.
CEBINA GmbH Announces the Launch of Danube Labs, A Partnership with Evotec to Develop Cutting Edge Biotechnology Projects Sourced from Central and Eastern European Universities and Research Institutions