News

Zurich – Researchers at the Federal Institute of Technology (ETH) in Zurich have succeeded in shortening the pulse duration of an X-ray laser to only 43 attoseconds. Attosecond spectroscopy could contribute to the development of more efficient solar cells.

Domat/Ems GR – The Grisons-based polyamide producer EMS-GRIVORY has won the European Plastics Innovation Award. It received the award for its Grilamid products, which are used to make ultra-lightweight ski touring boots.

Zurich – The US insurance company International Wealth Protection is opening an office in Zurich. It will focus on areas including European clients with a heavy inheritance tax burden.

Schlieren ZH – Biogen has made a one-time payment of $150 million to Neurimmune, allowing the Schlieren-based biotech company to accelerate development of its antibody pipeline. In return, Biogen will receive a reduction in the royalty rates on potential commercial sales of an Alzheimer’s treatment.

Baar ZG – CorFlow Therapeutics AG raised 2.6 million Swiss francs in a financing round. The company has developed a technology for diagnosing microvascular obstruction after a heart attack, which in turn improves treatment options.

Zurich – Bank of Asia will build its digital bank using a complete banking solution from the Zurich-based fintech company Avaloq.

Solothurn – Baloise Bank SoBa in Solothurn is launching a mortgage app, which will allow homeowners to arrange a mortgage directly via their mobile phone. This is the first service of its kind in Switzerland.

Zurich/Frankfurt – Tracktics has developed a tracker for football players that allows them to accurately analyse their performance after a match. The startup has now received a million in new financing, which it will use to move forward with its internationalization plans.