Several investors have put venture capital into Jena-based Scienova GmbH, a company which develops specialised and functionalised bio-instruments and laboratory consumables for customers in the pharmaceutical and biotech industries. The largest interest has been acquired by bm|t beteiligungsmanagement thüringen gmbh. At the same time the Jena-based risk-capital company TowerVenture was secured as a private investor. Sparkasse Jena-Saale-Holzland underlined its strong commitment to technology-based businesses in the region by its participation in the investor pool.
Through this financing it is the investors’ intention to significantly accelerate product development and pave the way for Scienova to make a rapid market entry. Scienova was founded in 2008. The main focus of the company’s activities is the development and manufacture of so-called high-throughput-screening (HTS) solutions for pharmacological research.
In this process thousands of biochemical or pharmacological tests are conducted at very high speed. “Scienova’s bio-instruments and laboratory materials facilitate faster, more economical, active agent screening processes. The financial and time expenditure in the investigation and development of a new drug are substantially reduced”, explains Scienova’s managing director Robert Fleischhauer.
Scienova GmbH emerged in 2008 as a spin-off from the Institute of Biochemistry at the University Clinic of Jena. The company is engaged in the development and manufacture of high-throughput solutions for research into active pharmaceutical agents, in particular in the field of ADME screening. At the end of 2008 Scienova was named as the winner of the Thuringia Business Plan competition.
TowerVenture eG invests and supports business ideas with future promise in the technology sector. The members put their entrepreneurial knowledge and networks at the disposal of the associated companies. Members of the TowerVenture eG have a broad range of experience as founders or managers of rapidly-growing businesses as well as selling and taking businesses public, and they combine elements of their activities as business angels for TowerVenture eG.
Public Relations, Anna Mendyuk
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