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Four companies based in the PCB at Biotech Showcase investment forum in San Francisco

By 11 de January de 2012November 18th, 2020No Comments
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Four companies based in the PCB at Biotech Showcase investment forum in San Francisco

A delegation of nine Spanish biotechnology companies —five of them from Catalonia— is participating in the Biotech Showcase investment forum, that is currenty held until 11th January 2012 in San Francisco (United States). Four of the five Catalan companies that are attending this event are based in the Barcelona Scientific Parc (PCB): Advancell, Omnia Molecular, Palobiofarma and SOM Biotech. PharmaMar, who has a mixed unit at PCB is also participating in this convention.

The Biotech Showcase is one of the top investment forums in the life sciences sector. It is organized by the EBD Group, which also leads other top-notch partnering congresses like BIO-Europe and BIO-Europe Spring.

This year, participants include some 200 companies, 1,300 delegates and leading investment firms like Abingworth Management, Aescap Venture, Atlas Ventures, Bay City Capital, Index Ventures, Goldman Sachs, LifeTech Capital, Life Science Angels, Sikich Investment Banking, Pappas Ventures, Sofinnova Ventures and Yorkville Advisors.

All of these companies that participate in the delegation have received grants from the ICEX —as part of their internationalization plan for the biotech sector— and Genoma España.Over these three days, Spanish biotech companies have a full agenda of one-to-one meetings with possible partners and six of them have been selected to present their company to investors

Biocat CEO Dr. Montserrat Vendrell is also on a scouting mission to San Francisco, during which she will visit this forum and has been invited to participate in the JP Morgan Healthcare Conference. The San Francisco area is home to the most important life sciences investment community in the world. Specifically, 33% of all biotech venture capital investment in the United States takes place in this region.

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