Univercells bags up to 50 million euros to improve manufacturing tech
Belgian bioprocessing provider Univercells has received an injection of 50 million euros from Gamma Biosciences, a new investment platform supported by private equity giant KKR that is focused on technologies for the production of advanced biologic therapies including gene and cell therapies.
This investment will be deployed in a newly-created subsidiary of Univercells focused on accelerating the industrialization and commercialization of the company’s manufacturing technologies, including the NevoLine biomanufacturing platform and the scale-X bioreactor portfolio.
With the new financing, Univercells will focus on scaling the NevoLine platform and the scale-X portfolio with a comprehensive approach to streamline production, fund innovation, enable new product and application development and drive commercial acceleration.
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