| News
Basel Area sets new record for new company settlements
24.03.2022
For Basel Area Business & Innovation, 2021 was a record year. Last year, the investment and innovation promotion agency supported the settlement of 39 new businesses and creation of 76 startups in the two Basel cantons and Jura.

The Switzerland Innovation Park Basel Area moves to the neighboring tower at the Novartis Campus (img: Biondopictures)
The support of Basel Area Business & Innovation helped 39 new companies establish themselves in the Basel Area. This exceeds the previous year’s figure of 27 company settlements. As the investment and innovation promotion agency for the cantons of Basel-Landschaft, Basel-Stadt and Jura reported, by far the largest share was attributable to the life sciences sector, with 28 new companies. Seven of them operate in the field of digital health. Five new companies in the region work in production and process technology.
The 39 new companies come from 15 countries. Five are from France and five from the USA, three from the United Kingdom and nine from Swiss cantons outside the Basel Area.
Foundation of 76 startups supported
The agency also supported the foundation of 76 startups in the Basel Area in 2021. While this is six fewer than in the previous year, it is the second highest figure ever achieved. The appeal of the Basel Area for new company settlements was enhanced through venture accelerators and incubators launched by the location promotion such as BaseLaunch (biotech), DayOne (digital health), i4Challenge (industrial transformation) and Venture Monitoring, a mentoring for startups service.
The Switzerland Innovation Park Basel Area also saw “pleasing” growth. There are now 68 companies and 14 research groups at its sites in Allschwil in the canton of Basel-Landschaft, Basel, Jura and the Novartis Campus. To make space for the growth of the Innovation Park at the Novartis Campus, this will move to a much bigger neighboring building on 1 April.
Share this article
Sign up to receive our newsletter in your inbox.
You may also be interested in
Ground-breaking oncology being developed in the Basel Area
The Basel Area – covering northwestern Switzerland – has seen tremendous growth in recent years, and has become a true...
Read MoreGenedata expanding its user network
The Japanese biopharmaceutical firm Ajinomoto is to use the Genedata solution to accelerate its drug development processes at its site...
Read MoreHow Moderna is growing in Switzerland
The number one rule in real estate is “Location, Location, Location.” The global biotech company Moderna found its location in...
Read MoreSandoz decides on Basel for headquarters
Sandoz AG will continue to have its headquarters in Basel as an independent company. The separation from Novartis is expected...
Read MoreVectivBio sold for approximately 1 billion dollars
The takeover of VectivBio is now being finalized: the Boston-based firm Ironwood Pharmaceuticals, which specializes in gastrointestinal medicine, has agreed...
Read MoreUniversity of Basel and RocketVax present new Covid vaccine
Researchers from the University of Basel have developed a new concept for a Covid vaccine in collaboration with the biotech...
Read More