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Zug Cantonal Bank enables crypto trading
Zug/Zurich - As of October 2, Zug Cantonal Bank has been facilitating the purchase, trading and storage of digital assets for its clients. To this end, the bank is using the B2B platform for FINMA-regulated banking services provided by the Zurich-based crypto bank Sygnum.
QUMEA reduces falls in Swedish hospitals by 67 percent
Solothurn - Two Swedish hospitals have been testing the early warning system for the prevention of falls developed by QUMEA. During the test period, the number of falls was reduced by 67 percent. The fact that the alarm system works without the need for cameras and microphones was also praised.
Ski firm Anavon reports substantial sales growth
Disentis - At a general assembly of the shareholders of Anavon Ski AG, the company’s substantial sales growth was acknowledged, with shareholders having also agreed to relocate the headquarters from Disentis to Zizers. This move should enable the Graubünden-based ski manufacturer to secure further growth.
ETH develops suction cup to replace injections
Zurich - Researchers from the Swiss Federal Institute of Technology in Zurich (ETH) have developed a suction cup that can painlessly transport medication into the bloodstream via the mucous membrane in the cheek. In this way, even larger peptides can be administered without the need for an injection.
ETH remains the best university outside of the USA and England
Zurich/London - The Swiss Federal Institute of Technology Zurich (ETH) can assert its leading position with its 11th place rating in the World University Ranking 2024 by Times Higher Education. As with last year, the University of Oxford took first place. All of the universities in the top 10 are in the USA and the UK.
Zuger Kantonalbank supports startups in central Switzerland
Zug - Zuger Kantonalbank is getting involved in the development of buildify.earth. The stock company will invest in innovative startups at Switzerland Innovation Park Central. In particular, early-stage startups are to be attracted to and kept in the region.
Switzerland re-named most innovative economy in 2023
Geneva - The Global Innovation Index 2023 has once again placed Switzerland at the top of the rankings, for the 13th consecutive year. Sweden is second in the list of the world’s most innovative economies, ahead of the U.S., the U.K. and Singapore. A total of 132 countries were assessed for their innovative strength using 80 indicators.
Lausanne University Hospital supports Healiva skin cell therapy
Lugano - Biotech company Healiva will work with Lausanne University Hospital on the manufacture and approval of its proprietary skin cell therapy, EpiDex. Skin cells are taken from the patient’s own hair follicles to make this autologous epidermal equivalent.
Pexapark raises €20 million in Series C funding
Schlieren - Pexapark has secured €20 million of fresh capital in a Series C funding round. The advisory company, which operates across Europe, plans to use the funds to finance further innovation in the areas of power purchase agreements and energy and portfolio management.

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