13 Jul Expon Capital and Luxembourg Institute of Health (LIH) Forge Partnership for E-Health Ecosystem
Luxembourg, July 12, 2023 – Expon Capital has joined forces with the Luxembourg Institute of Health (LIH) to establish an innovative e-health ecosystem. This collaboration, announced today by LIH, aims to create a framework that fosters the identification, development, and implementation of various projects and activities within the digital health domain.
Through this exciting agreement, LIH, a prominent public biomedical research organization, and Expon Capital will collaborate closely to ensure scientific findings are translated into tangible healthcare solutions that are readily accessible to clinicians and patients alike. By leveraging Expon Capital’s deep understanding of the financial and investor community, LIH will receive scientific support and guidance in developing partnerships with digital health companies.
Jérôme Wittamer, Managing Partner of Expon Capital, expressed enthusiasm for this strategic collaboration, stating, “We eagerly anticipate establishing a robust and enduring cooperation between the worlds of research and finance here in Luxembourg. Together, we will attract innovative and disruptive e-health companies, unlock the full potential of digital health and translational research, and significantly enhance healthcare outcomes for patients.”
Ulf Nehrbass, CEO of LIH, emphasized the importance of this partnership, stating, “We are delighted to have entered into this agreement with Expon Capital, a reputable venture capitalist. By working together, we will ensure our scientific discoveries are not only marketable but also make a meaningful impact in improving healthcare delivery.”
The LIH, formed in 2015 following the merger of the Centre de Recherche Public de la Santé research institute and the Integrated BioBank of Luxembourg, boasts a dedicated team of over 450 employees. Their research spans a wide range of areas, including cancer, immunological disorders, digital health, and precision health.
Expon Capital, a Luxembourg-based venture capital firm founded in 2015, manages the Digital Tech Fund. This seed funding investment vehicle is focused on supporting sectors such as cybersecurity, digital health, big data, fintech, the internet of things, and new space.
The partnership between Expon Capital and LIH marks an exciting milestone in advancing e-health innovation. By combining their expertise and resources, they aim to create a thriving ecosystem that accelerates the development and adoption of transformative digital health solutions.
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