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QB3 Adds Zcube As Limited Partner In Mission Bay Capital Fund
Date:2/24/2010

dquo;Mission Bay Capital is directly aligned with Zcube’s efforts to support emerging life science companies that can improve health into the future,” said Lorenzo Pradella, PhD, business and operational development director at Zcube.

“Zcube had been considering certain investment opportunities in the United States,” Pradella continued. “Mission Bay Capital is a very promising initiative, providing us with the possibility of collaborating with QB3, one of the most advanced and productive US incubators, with a significant focus on a key area for us: the field of drug delivery.”

Zcube was founded in 2003 in an effort to support emerging life science technology and research worldwide, Pradella said. The group has been actively investing in life science opportunities, promoting the launch of three start-ups companies: PharmEste Srl, SuppreMol GmbH and ProtAffin Biotechnologie AG.

Since 2007, Zcube has dedicated particular emphasis on drug delivery systems in different therapeutic fields. Zcube invests in and validates early stage innovative drug delivery systems with the potential to generate new products in selected therapeutic areas and with the opportunity to generate new companies. Its main sources are universities with significant research programs in the area of life science and drug delivery, as well as recently formed companies.

The capital fund builds upon ongoing QB3 and Mission Bay Capital efforts to help bioscience entrepreneurs create new companies based on their research. Those efforts include the QB3 “Garage” and QB3 Mission Bay Incubator Network, both of which provide micro-amounts of laboratory space for entrepreneurs. The institute also has created the QB3 Innovation Toolkit, which provides access to the legal, management and investment expertise critical to avoiding many of the initial mistakes that often derail startups.

Since QB3 created the Garage in 200
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