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Biocartis Completes EUR 71 Million (USD 100 Million) Series C Fund Raising
Date:11/17/2011

ommon user interface and design philosophy:

  • Apollo, a system designed for the MDx market, comprising an instrument, communication console and single use, disposable cartridges. This system can detect and quantify multiple DNA- or RNA-based biomarkers in a wide variety of patient sample types with truly minimal user intervention.
  • A second system that has been built around disposable, microfluidic cartridges with digitally encoded micro carriers for the rapid and sensitive detection of a broad range and number of biomarkers. The first product from this technology will focus on protein-based biomarkers and will allow Biocartis to enter the immunoassay market.

Biocartis was founded in 2007 by Dr. Rudi Pauwels (Co-founder of Tibotec, Virco and Galapagos Genomics), Prof. Philippe Renaud (Prof. at EPFL), and Nader Donzel (Co-founder of Scitec laboratory Automation). The company has raised more than USD 100 million in equity funding.
Biocartis SA is based at the EPFL's Innovation Square in Lausanne, Switzerland; it has a fully owned Belgian subsidiary in Mechelen and a Dutch subsidiary at the High Tech Campus in Eindhoven.

Contacts

Rudi Pauwels, CEO
Tel: +41-21-69-39-051
pr@biocartis.com

Hilde Windels, CFO
Tel: +32-15-632-663
pr@biocartis.com

Citigate Dewe Rogerson
David Dible/Chris Gardner
Tel: +44(0)20-7638-9571
david.dible@citigatedr.co.uk/chris.gardner@citigatedr.co.uk


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