Pfizer Becomes Newest Partner Added to BaseLaunch's Biotech Venture Incubator
Pfizer joins six leading pharma companies helping launch and grow exceptional biotech ventures.
Since its inception almost a decade ago, BaseLaunch has supported 27 biotech companies across various modalities and indications, with several of them having entered Phase II clinical trials. Adding Pfizer as a partner helps BaseLaunch further develop its portfolio companies, which have collectively raised over
The addition of Pfizer comes just two months after BaseLaunch announced its sixth global partner, proving the platform's value in fostering innovation.
"BaseLaunch's roster of biotech heavy hitters continues to grow and adding new partnerships will significantly benefit our early-stage biotech ventures allowing for further growth and greater impact in the biotech industry," explained
Through its strategic investment in BaseLaunch, Pfizer gains access to proven quality life sciences deal flow in central
Seven of the world's leading pharmaceutical companies are currently partners of BaseLaunch. In addition to Pfizer, these include AbbVie, Roche, Takeda, Novo Nordisk, Johnson & Johnson and CSL. The venture fund Pureos Bioventures is also a partner. The commitment of these prominent partners demonstrates the continued success of the BaseLaunch setup that also deeply embeds the portfolio companies in the
About BaseLaunch
BaseLaunch is a Basel-based incubator that partners with scientists and entrepreneurs to help launch and grow exceptional biotech ventures developing cutting-edge therapeutics. The platform helps build companies from inception through to Series A funding, providing financing and supporting all aspects of company creation and growth. It is operationally run and financed by Basel Area Business & Innovation, the non-profit agency that focuses on promoting the Basel Area Life Sciences Supercluster, as
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SOURCE BaseLaunch
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