(From left to right): Deborah Ley, Mahendra Rao, Sir Gregory Winter, Igor Fisch, Nicolas Mermod, Marc Func, Ulrike Lemke, and Thierry Schuepbach. Credit: Business Wire/ NewBiologix

NewBiologix, a Switzerland-based pharmaceutical technology company focused on manufacturing cell and gene therapy, has raised $50m in Series A funding.

The funding round was led by Recipharm with additional investment from Igor Fish and Nicolas Mermod, the company’s co-founders.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

NewBiologix said it is developing a DNA-based platform to overcome manufacturing obstacles related to developing recombinant adeno-associated virus (rAAV) vectors, which are used for producing advanced therapy medicinal products.

Particularly, the Swiss firm’s technologies will be used on human (HEK-293) and animal (CHO) cell lines.

It plans to modify these cell lines so that they can adjust to produce viral vectors for various therapeutic uses and treat illnesses that are currently incurable or chronic.

The company said it has formed a scientific advisory board consisting of distinguished scientific leaders such as Mahendra Roa, Sir Gregory Winter, Anna Maurer, and Cori Gorman.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

These members have expertise in gene and cell therapy, stem cells, protein and vector engineering, and biologics, and will provide guidance on NewBiologix’s technology platform, it added

With the funding, NewBiologix plans to test cell line prototypes with key collaborators by 2024 and hopes to release commercially available viral production cell lines by 2026.

NewBiologix co-founder and senior vice president of research and development Nicolas Mermod said: “Current gene and cell therapies primarily focus on rare diseases. We believe our approach to generating rAAV vectors should help biopharmaceutical companies advance into emerging therapies that target larger patient populations with chronic conditions.”