BioVaria Spin-off Award goes to Dynamic Biosensors
BioVaria’s Spin-off Panel was well received among business developers and venture capitalists. In a round-table setting, five selected spin-offs were briefly introduced and then challenged with exacting questions by a jury of seasoned life-science executives and investors. The most convincing candidate in terms of team, technology and business concept was selected as winner of the BioVaria Spin-off Award, worth EUR 1,000 plus professional legal consulting. This year, the award went to Dynamic Biosensors, a spin-off from the Technische Universität München (TUM) and Fujitsu Laboratories Ltd. that develops and commercializes a new technology for the real-time analysis of biomolecular interactions.
‘The Panel is a rare opportunity for spin-offs to make a pitch in a realistic situation. The tight timelines force them to nail their points exactly’, said Samuel Ogunsalu, Principal Executive, Commercial Development at Queen Mary Innovation, who moderated this year’s Spin-off Panel. ‘And for the audience, it is a great chance to learn about some really dynamic technologies and entrepreneurial teams.’
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