MilliporeSigma, a leading science and technology company, has announced the winners of its Emerging Biotech Grant Program in Europe. Applicants from emerging biotechnology companies across Europe were asked to describe one or more of their current projects, the medical needs they solve and process development challenges they face to be considered for the grant.
The four grant recipients are:
“MilliporeSigma is committed to recognizing stand-out emerging biotech companies with our grant program,” said Udit Batra, said Udit Batra, Member of the Executive Board, Merck KGaA, Darmstadt, Germany and CEO, MilliporeSigma. “We understand the challenges of bringing the next generation of therapies to market and the awarded programs will help accelerate the development of medicines for unmet need.”
MilliporeSigma experts selected the winning submissions based on the scientific and societal merit of the therapy in development and process challenges and expertise gaps that may impact ongoing development. Each grant recipient will receive between €25,000 and €100,000in products and services from MilliporeSigma to help solve these challenges.
MilliporeSigma has offered this grant program for emerging biotech companies in the United States and China in recent years. Last year, five grants were given in China to companies developing antibody drug conjugates for cancer and monoclonal antibodies for the treatment of fibrotic disease. In 2014, NGM Biopharmaceuticals won the first prize in USA for the development of biologics for the treatment of cardiometabolic conditions, bile acid-related disease and other diseases resulting from manifestations of cardiometabolic abnormalities and metabolic related cancers.