Friday, November 15, 2024

Belgium: Wallonia government launches innovation partnership dedicated to ATMP

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The Wallonia Government has approved funding for the Innovation Partnership for Advanced Therapeutic Medicines (ATMP) proposal.

ATMP is the next generation of biomedicine designed to address unmet medical needs.

Willy Borsus, Minister of Economy and Vice-President of Wallonia, promoted this initiative based on the Wallonia Recovery Plan. This is a co-construction process involving all stakeholders in the field, led by his BioWin, the Wallonia Health Cluster, and the Research and Technology Development Department of the Wallonia Public Service for Economy, Employment and Research. It’s part of.

The project involves 26 partners and has a budget of €81 million (US$88 million), with approximately 60% public funding and 40% private funding.

Approximately 23 million euros have already been allocated for 2023.

ATMP PIT aims to give a major boost to Wallonia’s advanced therapeutics sector by establishing new partnerships between academia (including teaching hospitals), research centers and companies.






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Nick Herbert has over 30 years’ experience in financial markets as a practitioner and journalist. He started out as an investment banker in London before joining International Financing Review (IFR), where he was responsible for debt capital markets and derivatives reporting. He moved to Singapore in 2000 to manage IFR’s pan-Asia financial markets editorial team before returning to London in 2009 to become publisher of Reuters Capital Markets Publications. For the past five years, he has freelanced covering global capital markets, ESG finance, and healthcare markets.




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