Z-Cube sets aside €60m for pharmaceutical start-ups

The Italian company Zambon has set up a project called Z-Cube, which will award €60m of financing to create 24 new pharmaceutical companies with links to universities and research centres. Around €7m of this amount will be used to fund 60 business plans. A team of experts from Zambon will select the most interesting projects, in collaboration with Professor Renato Dullbeco, who won the Nobel Prize for Medicine. Z-Cube is currently working with the University of Milan, the Instituto Mario Negri and the Istituto Superiore di Sanità in Italy; the Max Planck Institute in Germany; the Sitra centre in Finland; the University of Leuven and the Rega Institute in Belgium; Imperial College in the UK; and AUTM in the US. Zambon recently established a new pharma-chemical research and development centre in Barcelona which could potentially allocate part of its office space to one of the Z-Cube projects.

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