Skip to main content
| News

ACM Biosciences receives support for Covid-19 vaccine

27.05.2021

Innosuisse, the Swiss Innovation Agency, is supporting the Basel-based biotechnology company ACM Biosciences with a grant. This is intended for the development of a stable Covid-19 mRNA vaccine.

ACM Biosciences and Steve Pascolo are together being supported by Innosuisse for the development of a stable Covid-19 mRNA vaccine according to a press release from the Basel-based biotechnology company. Pascolo is the Principal Investigator at the University Hospital Zurich (USZ) and Co-Founder of the German-Dutch company CureVac, which specializes in mRNA research. With Innosuisse’s grant ACM Biosciences and Pascolo plan to develop a novel vaccine with improved characteristics in terms of storage temperature, logistics and flexibility.

As such, the new vaccine would differ from the mRNA vaccines created thus far, which are unstable and require complex cooling solutions. ACM Biosciences plans to use artificial cell membranes for this that have been developed with a nanotechnology platform and are based on non-immunogenic polymersomes as a carrier. Peter Moran, CEO of ACM Biosciences, is quoted in the press release stating: “We are delighted to collaborate with Dr. Steve Pascolo with the support from Innosuisse to validate the polymersomes for mRNA delivery.”

His company was first established in September 2020 and has already had a successful funding round in April 2021. The company uses technology developed by ACM Biolabs in Singapore and licensed by ACM Biosciences. Pascolo explains: “A polymersome carrier would have a simpler structure than a lipid nanoparticle carrier, which is the current standard for mRNA vaccines. This could yield clear benefits such as higher stability with easier storage and handling, cheaper production and making global supply possible even in areas with poor infrastructure.”

Share this article

Sign up to receive our newsletter in your inbox.

You may also be interested in

BeiGene opens European headquarters in Basel
Basel Area Business & Innovation, Innovation, Invest, Life Sciences / biotech

BeiGene opens European headquarters in Basel

BeiGene has opened its new European headquarters in Basel. The global biotech specializing in innovative cancer treatments intends to build...

Read More
The 25 Best AI Courses in the Basel Area, Germany and France
Advanced Manufacturing/AI, Basel Area Business & Innovation, Innovation

The 25 Best AI Courses in the Basel Area, Germany and France

Artificial Intelligence (AI) offers numerous possible applications. But how, where and regarding which focal points can you get further training...

Read More
Engimmune Therapeutics banks 15.5 million Swiss francs
Basel Area Business & Innovation, Innovation, Invest, Life Sciences / biotech

Engimmune Therapeutics banks 15.5 million Swiss francs

Engimmune Therapeutics will now be in a position to drive forward its innovative platforms for the development of T-cell therapies...

Read More
Bionter receives 3 million US dollars in investments
Basel Area Business & Innovation, Innovation, Invest, Life Sciences / biotech

Bionter receives 3 million US dollars in investments

Bionter AG has received 3 million US dollars in a seed funding round. These funds will enable Bionter to bring...

Read More
Resistell seeking to further develop test to combat antibiotic resistance
Basel Area Business & Innovation, Innovation, Invest, Life Sciences / biotech

Resistell seeking to further develop test to combat antibiotic resistance

The startup Resistell has launched a study looking into the applicability of a test against antibiotic resistances that is being...

Read More
Biotech startup Cimeio receives 46 million Swiss francs for cell therapy
Basel Area Business & Innovation, Innovation, Invest, Life Sciences / biotech

Biotech startup Cimeio receives 46 million Swiss francs for cell therapy

Cimeio Therapeutics from Basel has received initial financing amounting to 46 million Swiss francs from Versant Ventures. The startup is...

Read More
1 2 3 55

Do you have a question? We'd like to hear from you.