Hot Press News
- Taggd Recognized as Star Performer and Major Contender in Everest Group's 2024 RPO APAC PEAK Matrix® Assessment
- SmartTOP additional top control for McLaren 600LT Spider now available
- General Availability of the Fosfor Decision Cloud Debuts, Enabling Amplified Business Outcomes on the Snowflake AI Data Cloud
- Mylivecart: Fashion and Clothing Industry Leads Livestream Shopping Revolution with 36% of Sales
- Batis Immigration Expands Services to Support Global Clients with Immigration Solutions.
- Jasudben ML School Organizes Culmination Events for Classes 1 and 2 to assess their learnings
- Confianz Global Inc. Announces Seamless SAP to Odoo Migration Services for Businesses Looking to Modernize Their ERP Systems
- Women Inspiring Network (WIN) at Climate Week New York during the United Nations General Assembly
- MicroGenesis Expands to Sweden with New Office in Gothenburg; Appoints Romit Bhattacharya as Head of Business Development for Nordic/Europe region
- Foodhub takeaway app has partnered with bubble tea franchise Chatime
- Black Piano Expands Global Footprint: Helping UK Companies Hire Top Talent from India
- Cristel L Krull Joins FasterCapital’s LaunchUp Program to Revolutionize Haute Couture
- Hazra Park Durgotsab celebrates 82nd Year with the Theme “SUDDHI”
- Punyam.com is Excited to Start the ISO 27017 Certification Consultancy Services
- Kopyst Launches AI-Powered Tool with Automated Image Insertion for Streamlined Step-by-Step Guide Creation
 Mail to a Friend |
|
 Rate |
 |
FasterCapital Welcomes Innovative Biopharmaceutical Startup from Saudi Arabia to its LaunchUp Program
2024-09-19 07:26:01
Health and Fitness
221
FasterCapital is excited to announce the acceptance of a groundbreaking Biotechnology project into its program. Led by the visionary Founder & CEO, Nouf Al Azizi, this startup aims to revolutionize the pharmaceutical industry by establishing a specialized facility for pharmaceutical manufacturing and medical laboratories in Saudi Arabia. The startup is raising $800K with the help of FasterCapital’s team.
What sets this startup apart is its focus on utilizing cutting-edge genetic engineering techniques within living cells to develop advanced biological medications that target complex diseases such as cancer, arthritis, multiple sclerosis, and autoimmune diseases. By leveraging these innovative techniques, the startup aims to provide more precise treatment options with enhanced recovery rates and reduced side effects compared to conventional drugs.
Hesham Zreik, CEO of FasterCapital, expressed his enthusiasm for this collaboration, stating, "We are thrilled to welcome such a forward-thinking startup into our program. The potential impact of their biopharmaceutical project on healthcare in Saudi Arabia and beyond is truly remarkable, and we are committed to supporting their journey towards success."
In response to the collaboration with FasterCapital, Founder & CEO Nouf Al Azizi expressed her gratitude, stating, "We are honored to join forces with FasterCapital and leverage their expertise in reviewing and raising capital for startups. This partnership will undoubtedly accelerate our progress towards establishing a thriving biopharmaceutical industry in Saudi Arabia and making a meaningful impact on healthcare outcomes."
Through FasterCapital's LaunchUp program, this biopharmaceutical startup will benefit from comprehensive support in refining their business model, accessing a global network of investors, and navigating the complexities of raising capital. Together, FasterCapital and the startup aim to drive innovation in the pharmaceutical industry.
Company :-FasterCapital
User :- Lana Albitar
Email :-lana.albitar@fastercapital.com
Phone :-+971 5558 55663
To ensure stability and reachability of your applications at all times, remote DDoS protection can keep your hosting services online
_thumb.jpg)
