Tag: Basel Area Business Innovation

  • Basel Area reaches new milestone with settlement of LifeMine

    Basel Area reaches new milestone with settlement of LifeMine

    Basel Area Business & Innovation , the agency for location promotion and innovation promotion, has reached a new milestone. With LifeMine Therapeutics , the 200th company has now been supported in settling in the Basel area. The biotechnology company has its headquarters in Cambridge in the US state of Massachusetts and is now establishing its European headquarters in the Basel Area, which consists of the three cantons of Basel-Stadt, Basel-Landschaft and Jura.

    “Having LifeMine Therapeutics as our 200th customer is very exciting for our team and the region,” said Christof Klöpper, CEO of Basel Area Business & Innovation. “The fact that LifeMine Therapeutics comes from the Boston Area – one of the world’s largest life sciences centers – underscores the opportunities that the Basel Area offers international biotech companies.”

    LifeMine develops drugs based on genetically encoded small molecules and will now also drive this work from Basel. “We are very pleased to be able to expand our activities to Basel and settle in a region full of innovative companies,” says co-founder and Chief Operating Officer (COO) WeiQing Zhou. “Basel Area Business & Innovation gave us fantastic support and made the process as smooth as we could have wished for.”

    Of the 200 companies supported by Basel Area since 2016, 164 are not from Switzerland. A total of 122 work in the life sciences. In the meantime, however, more and more companies from the production and process technology sectors are deciding to settle in the Basel area.

  • Aargau wants to attract more companies

    Aargau wants to attract more companies

    The Aargau government council has presented the task and financial plan for the years 2022 to 2025. It also provides for measures to increase the attractiveness of the business location, including the settlement of new companies. According to the government's embassy, Aargau and its advantages should be made better known to companies abroad. "That is why additional measures should be examined and implemented in this area in order to increase the density of companies in Aargau in the long term."

    When it comes to settling in, the canton wants to concentrate primarily on the sectors in which it is already strong today, namely the life sciences and the energy industry. The focus is on industrial companies and industry-related service providers who rely on a highly qualified workforce. The aim is to locate between twelve and 14 companies each year, including six to eight in the two focus industries. In the past year five companies were relocated, three of them in the focus industries. The acquisition strategy is to be developed next year and applied in a selected market from 2023.

    According to the embassy, it will be checked as early as 2022 whether the canton should join an existing cross-cantonal organization of location marketing. The canton was one of the founders of the Greater Zurich Area (GZA) in 1999, but later left it. Today, GZA is the largest location marketing organization with nine German and Italian-speaking member cantons, including the three neighboring cantons of Aargau: Solothurn, Zug and Zurich. Aargau also borders the Basel Area Business & Innovation , to which the two Basel cantons and the Jura belong.

    With Lucerne, Nidwalden and Obwalden, the Aargau is only one of four cantons that do not belong to any cross-cantonal organization of location marketing. Western Switzerland is organized in the Greater Geneva Bern area , the four cantons of Eastern Switzerland in the St.GallenBodenseeArea .