BIOPRO Baden-Wurttemberg GmbH Helps Secure EUR 8.6 Million Investment in BioRegionUlm; Successful Biotech-Pharma Cooperation in Baden-Wurttemberg (Germany).STUTTGART Stuttgart, city, Germany Stuttgart (sht  t`gärt), city (1994 pop. 594,406), capital of Baden-Württemberg, SW Germany, on the Neckar River. & ULM Ulm (lm), city (1994 pop. 114,839), Baden-Württemberg, S Germany, on the Danube (Donau) River. It is an active river port, rail junction, and industrial center. & LAUPHEIM, Germany -- A regional
consortium is investing EUR EURIn currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 8.6 million in the biotech bi·o·tech n. Informal Biotechnology. biotech Noun short for biotechnology Noun 1. start-up Start-up The earliest stage of a new business venture. CELLCA GmbH in Laupheim. CELLCA GmbH and Rentschler Biotech GmbH, Laupheim, have agreed to cooperate following the financing. The process was significantly supported by IHK IHK Industrie Und Handelskammer (German) IHK Indian Held Kashmir IHK Indeks Harga Konsumen (Consumer Price Index) IHK Institution of Homoeopaths Kerala (India) Ulm, BioRegionUlm and the SYNPRO team of BIOPRO Baden-Wurttemberg GmbH. E[acute accent acute accent n. A mark (´) indicating: a. that a vowel is close or tense, as é in French été. b. that a vowel or syllable has a high or rising pitch, as in Chinese or Ancient Greek. c. ]The CELLCA GmbH start-up was founded in order to develop and use new technology for the optimized biotechnological production of pharmaceutical substances. CELLCA GmbH is working on a new production process based on stable production stocks. As a partner, Rentschler can use this new technology for its own production projects. "However, Rentschler does not have exclusive right of use on this technology", emphasized CELLCA's Managing Director Dr Aziz Cayli. On 16 May 2006, all the partners involved signed the cooperation and partnership agreements. E[acute accent]EUR 8.6 million from regional consortium E[acute accent]A regional consortium comprising banks, investors and national funders is financing CELLCA GmbH to the tune of EUR 8.6 million and thereby making the partnership between CELLCA GmbH and Rentschler Biotechnologie GmbH possible. E[acute accent]BIOPRO's economic promotion programme (SYNPRO) successful E[acute accent]The SYNPRO team of BIOPRO Baden-Wurttemberg GmbH, the service and marketing agency from Baden-Wurttemberg dealing with issues affecting the local biotechnology sector, helped secure the partnership. "This success shows the effectiveness of BIOPRO's economic promotion programme (SYNPRO). We have systematically supported all partners from the pharmaceuticals industry, biotechnology and financial investment through all critical phases of the talks and up to the conclusion of negotiations", explained BIOPRO's Chief Executive Officer Dr Ralf Kindervater. "This successful investment was possible only through targeted and concerted cooperation between the regional initiatives and the support of the Federal State of Baden-Wurttemberg", said Dr Kindervater. E[acute accent]BIOPRO Baden-Wurttemberg GmbH is the service and marketing agency of Baden-Wurttemberg for biotechnology and life sciences.
BIOPRO Baden-Wurttemberg GmbH
Breitscheidstr. 4
D 70174 Stuttgart
www.bio-pro.de
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