Skip to main content
| News

Ontotext opens new office in the Basel Area

22.10.2021

Ontotext, a company based in New York City and the Bulgarian capital of Sofia, has opened a new location at the Switzerland Innovation Park Basel Area. The experts in enterprise knowledge graph technology and semantic database engines were supported in this process by Basel Area Business & Innovation.

Ontotext has opened a new office at the Allschwil site of the Switzerland Innovation Park Basel Area located in the canton of Basel-Landschaft. The global supplier of enterprise knowledge graph technology and semantic database engines, headquartered in the Bulgarian capital of Sofia with an office in New York City, specializes in the field of life sciences and healthcare. With a comprehensive database of life sciences terminology, ontologies and data sources, Ontotext supports its clients in their efforts to generate usable insights from data.

“Selecting Basel Area as the location for our development in Switzerland and the DACH region will help Ontotext stay even closer to our customers and align our innovative products and solutions to the constantly growing and changing needs of the Life Sciences businesses we serve”, comments Todor Primov, Head of Life Sciences and Healthcare, in a press release issued by Ontotext.

The Basel Area boasts “global impact”, explains Ilian Uzunov, Sales Director Life Sciences and Healthcare at Ontotext. This location will “help us innovate at scale and stay in touch with the latest trends in Biotech, Medtech and Digital Health”, he adds.

The investment and innovation promotion agency Basel Area Business & Innovation supported Ontotext in the process of establishing the business in the region, by helping with the search for suitable premises and providing information in relation to employee secondments in Switzerland, for example.

Share this article

Sign up to receive our newsletter in your inbox.

You may also be interested in

Advanced Manufacturing/AI, Basel Area Business & Innovation, Innovation, Invest, Sustainability

KUORI developing biodegradable plastics

The Basel-based cleantech company KUORI GmbH develops alternative materials for conventional plastics. The aim is to reduce the accumulation of...

Read More
Basel Area Business & Innovation, Innovation, Invest, Life Sciences / biotech

Cell and gene therapies gain momentum in Basel

Companies specializing in the research and development of innovative cell and gene therapies continue to spring up all around the...

Read More
BLKB expanding support for startups
Basel Area Business & Innovation, Innovation, Invest

BLKB expanding support for startups

BLKB offers particularly promising SMEs and startups financial support within the framework of the “100 fürs Baselbiet” program. These companies...

Read More
Combatting the rise of antimicrobial resistance
Basel Area Business & Innovation, Innovation, Invest, Life Sciences / biotech

Combatting the rise of antimicrobial resistance

Antimicrobial resistance (AMR) is a growing global threat that, without intervention, could lead to as many as 10 million deaths...

Read More
Basel Area Business & Innovation, Innovation, Invest, Life Sciences / biotech

AMR Action Fund invests in new antibiotics developed by BioVersys

The AMR Action Fund has made its first European investment in BioVersys, which is headquartered at Tech Park Basel. The...

Read More
Basel Area Business & Innovation, Innovation, Invest, Life Sciences / biotech

Investors give Resistell 8.5 million Swiss francs

Resistell AG has secured 8.5 million Swiss francs in the first part of its series B funding round. The biotechnology...

Read More
1 2 3 60

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