Lausanne, Switzerland – September 13th, 2022 – Debiopharm Innovation Fund, the strategic investment arm of Swiss biopharmaceutical company Debiopharm (www.Debiopharm.com), announced today their investment in Whitelab Genomics alongside French Venture Capital company, Omnes Capital, in a $10 Million Series A Round to advance their mission to accelerate the development of genomics medicines via technology powered by artificial intelligence (AI). Whitelab Genomics’ computational platform reduces biotherapies’ development time and cost, enabling faster access to the market and cheaper therapeutic solutions available for patients in need. Debiopharm’s investment in Whitelabs Genomics contributes to the growth plan of the start-up’ R&D team and US operations. Such an investment aligns with Debiopharm’s focus on investing in digital health solutions that improve the cancer patient journey, transform pharmaceutical R&D, and shift healthcare towards a more patient-centric approach.
Target – WHITELAB GENOMICS
Buyer – OMNES CAPITAL
Buyer – Debiopharm International SA
Seller – Shareholders
