This week, we leave Milan and head once again towards the East. Vienna: Austria’s palatial and stunning capital city is our destination, and is also where our Biotech of the week, Activartis, is located.
City: Vienna (Austria)
Employees: 11 – 50 (as of 12/2015)
Financial Data: N/A
CEO: Thomas Felzmann
Mission: Currently in phase II clinical trials, Activartis is trying to develop a new cancer immunotherapy based on dendritic cells. Their main goal is to treat an aggressive form of brain tumor, but also being able to use this treatment on several other types of cancer.
The company’s therapeutic platform gathers an innovative proprietary approach via a bacterial danger signal combined with tumor antigens. By applying this concept, the use of dendritic cells to mobilise the patient’s immune system to treat cancer was proven successful.