Schlieren ZH – The Chinese company New Horizon Health Limited and Proteomedix have agreed a research cooperation. In this context, New Horizon Health is investing a total of 3 million Swiss francs in the form of a convertible bond in the cancer diagnosis firm.

New Horizon Health and Proteomedix are joining forces for research purposes. The focus of this link-up will be on platforms and biomarkers used to treat cancer patients, further details of which can be found in a press release. As part of this partnership, New Horizon Health is investing a total of 3 million Swiss francs in the form of a convertible bond in Proteomedix.

Chinese firm invests in Proteomedix
Chinese firm invests in Proteomedix

Proteomedix is a spin-off from the Swiss Federal Institute of Technology in Zurich (ETH). The company has developed an innovative blood-based prostate cancer test by the name of Proclarix, which was launched on the European market in 2020. The company is headquartered at the Bio-Technopark Schlieren-Zurich.

The Chinese firm New Horizon Health specializes in developments in the field of cancer diagnosis and is listed on the Hong Kong Stock Exchange.

This is not the first China-based partnership that Proteomedix has agreed. For example, at the start of this year, the ETH spin-off entered into a cooperation with the Zhengzhou University Henan Cancer Hospital. Together, the two partners intend to clinically validate the efficacy of Proclarix.

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Lukas Huber
Lukas Huber
Deputy Managing Director and Executive Director China
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Lukas Sieber
Lukas Sieber
Executive Director USA

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