Basel, Switzerland, 7 February 2018 – Lonza, one of the world’s arch suppliers to the pharmaceutical, biotech and specialty capacity industries, appear today that it has launched a adventure basic armamentarium to aback arising consumer-health companies in North America.
The Prolog Lonza Customer Armamentarium will focus on products, technologies and avant-garde business models accompanying to fast-moving customer appurtenances markets, such as claimed care, anatomic aliment and beverages, medical food, comestible supplements and home care. The accent will be on articles that maintain, assure or bottle the bloom and abundance of bodies and accompaniment animals about the apple through proprietary ingredients, formulations and charge technologies.
U.S.-based Prolog Ventures has been called the fund’s administrator for investments in avant-garde early-stage, fast-growing customer bloom and wellness startups in North America.
The anew created armamentarium offers amount able-bodied above banking abutment by leveraging Lonza’s all-around assets and ability to advance the advance of its portfolio companies. It is accepted that the armamentarium will advance annually into two or three startups on boilerplate in the mid-single-digit million-dollar range.
“This advance demonstrates Lonza’s charge to innovating forth the amount alternation and to creating added amount for our barter with new technologies and chip solutions,” said Sven Abend, COO of Lonza’s Specialty Capacity segment.
Lonza is one of the world’s arch and most-trusted suppliers to the pharmaceutical, biotech and specialty capacity markets. As an chip solutions provider, Lonza is advocacy its amount conception forth and above the healthcare continuum with a able focus on accommodating healthcare, customer antitoxin healthcare and consumer’s advantageous environment.
Lonza harnesses science and technology to actualize articles that abutment safer and convalescent alive and that enhance the all-embracing affection of life. With the contempo Capsugel acquisition, Lonza now offers articles and casework from the custom development and accomplishment of alive biologic capacity to avant-garde dosage forms for the pharma and customer bloom and diet industries.
Benefiting from its authoritative expertise, Lonza is able to alteration its ability from pharma to hygiene and fast-moving customer appurtenances all the way to coatings and composites and the canning and aegis of agronomical appurtenances and added accustomed resources.
Founded in 1897 in the Swiss Alps, Lonza today is a well-respected all-around aggregation with added than 100 sites and offices and about 14,500 full-time advisers worldwide. The aggregation generated sales of CHF 5.1 billion in 2017 with a CORE EBITDA of CHF 1.3 billion. Further advice can be begin at www.lonza.com.
Prolog Ventures was one of the aboriginal adventure basic firms to ambition early-stage advance in bloom and wellness companies. The San Francisco and St. Louis-based close currently manages two added acknowledged funds in that space, Prolog Advantageous Alive Armamentarium and Prolog Advantageous Alive Armamentarium II.
Prolog is accustomed for its affianced and admiring broker model, partnering with early-stage companies for fast advance and added architect and actor value. Contempo portfolio companies accommodate nationally accepted brands like Plum Organics, a baton in amoebic foods for accouchement (acquired by Campbell Soup 2014); Zeel, the better on-demand beating aggregation in the world; and Spindrift, the aboriginal flavored sparkling baptize fabricated with absolute awkward fruit.
Prolog Lonza Customer Armamentarium will be led by managing admiral Ilya Nykin and Teddy Shalon, both able investors and entrepreneurs. www.prologventures.com.
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