Israeli Biogroup Bonus Wins Advanced Therapies Award in Cell Therapy Biotech Innovation – Advanced Therapies Week 2024

by time news

2024-01-27 13:21:02

The Israeli Biogroup Bonus won the prestigious Advanced Therapies Award in the most important category: Cell Therapy Biotech Innovation. The award crowns the company as the world leader in innovation in biotechnology and cellular medicine and in the development of effective treatments for patients.

The winning of the award, which is considered the “Oscar” of biotechnology, was announced as part of the Advanced Therapies Week 2024 held on January 16-19, 2024 in Miami, USA. The Advanced Therapies Week is aimed at companies in the cellular and genetic medicine industry, from around the world, for exposure of treatments and innovative products in advanced stages of development and considering collaborations for their commercialization.

Bonus Biogroup is the first Israeli company to win this award, for its achievements in the development of two innovative products, which are in advanced clinical trials: Mezancure – a cellular drug for the treatment of inflammation and tissue damage, including pneumonia and respiratory distress; and Bonophil – a living implant of human bone, for the purpose of supplementing, regenerating and building bone tissue.

In other categories, key organizations and personalities in the field of biotechnology were honored. The prize for innovation in genetic medicine was won by Rocket Pharmaceuticals, which is traded on Nasdaq at a value of approximately $2.4 billion (NASDAQ: RCKT). The prize for contribution to patient care was won by Novartis Gene Therapies, formerly AveXis, which was acquired by Novartis Global in 2018 in exchange for 8.7 billion dollars in cash The Lifetime Achievement Award went to Prof. Luigi Naldini, the pioneer of genetic medicine.

Dr. Shay Maretzky, CEO of Bonus Biogroup, stated that: “We thank the distinguished jury for choosing Bonus Biogroup as a world leader in innovation in biotechnology and cellular medicine. Winning this prestigious award reflects international professional recognition for the significant path we have taken in the research and development of medical products Cellulose and tissue engineering – the most innovative in the world – from the concept phase to the clinical application phase. This award is shared by all the company’s employees, the medical teams that use our products, and the investors in the company. The company will continue to step at the forefront of biotechnology sciences and develop products for the benefit of human health.”

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