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i&i Bio, the newly estabilished investment fund powered by i&i Prague and EIF It is our pleasure to announce the start of operations of i&i Biotech Fund (i&i Bio ) in September 2021. This is a great success of i&i Prague team and it brings a new quality and a unique opportunity for early-phase deep-tech spin-offs in Czechia and rest of the Europe. i&i Bio focuses on unique technologies in the fields of Medtech, Diagnostics and Drug discovery. i&i Bio manages more than 45 million EUR and the fund is prepared to invest an average of 2 million EUR (more than 50 million CZK) in a specific project, but in exceptional cases the amount may grow to as much as 4.5 million EUR for a single project. The fund will be joined by further investors in near future including CUIP , the daughter company of the Charles University in Prague. Further details and press release could be found here ! About i&i Bio i&i Bio is a Luxembourg-based venture capital firm that invests in innovative European Life Sciences companies focused on drug discoveries, medical devices, diagnostics, and digital health. The Fund was created thanks to the cooperation of the biotech incubator i&i Prague and the European Investment Fund (see below). With over €45M under management, i&i Bio plans to invest in about 20 early-stage companies. i&i Bio is led by an experienced team of professionals with backgrounds in private equity, healthcare and venture capital supporting entrepreneurs on their journey to global success. Thanks to the close cooperation with the fund’s sponsor, the biotech academic incubator i&i Prague, i&i Bio is supporting and advancing transformative Central European technology companies. For more information visit www.inibio.eu . About European Investment Fund i&i Bio is supported by an investment from the EIF, with the support of: lnnovFin Equity, with the financial backing of the European Union under Horizon 2020 Financial Instruments and the European Fund for Strategic Investments (EFSI) set up under the Investment Plan for Europe. The purpose of EFSI is to help support financing and implementing productive investments in the European Union and to ensure increased access to financing; and the Pan-European Guarantee Fund (EGF), implemented by the EIF with the financial support of the Participating Member States. The objective of EGF is to respond to the economic impact of the COVID-19 pandemic by ensuring that companies in the Participating Member States have sufficient short-term liquidity available to weather the crisis and are able to continue their growth and development in the medium to long-term.

< Back Mikuláš Vargic External Lawyer Mikuláš studied law at Masaryk University Brno and International and European Law at the University of Antwerp. He is an independent attorney with a specialization in technology transfer. Mikuláš joined our team in 2016 and has almost ten years of experience. He previously worked in a major Czech law firm in Brno and at the South Moravian Innovation Center (JIC). He also works for other clients from both the public sector (universities and research institutions) and the private sector (investors, start-up, and spin-off companies). Mikuláš helps i&i Prague with all legal matters and is involved in negotiating transaction documentation with our partners. His knowledge of business, technical and legal matters will help you to tailor the legal framework for your specific needs.

< Back Simona Šandová Office Manager During her career, Simona has worked as an Office Manager and a Junior Property Manager. She was responsible for training and conference organization, communication with clients and suppliers as well as administrative assistance for the project and property department. She has considerable experience in administration and office management.

IOCB Tech Group Successfully Represents the Czech Republic at the Prestigious Biotech Conference BIO-Europe 2023 Over 5,000 participants from more than 50 countries and a total of over 30,000 official meetings – that was the outcome of this year's edition of the international BIO-Europe conference in Munich. The Czech Republic was represented by the companies IOCB Tech, i&i Prague, and i&i Biotech Fund (i&i Bio), which are entities associated with the IOCB Tech Group under the Institute of Organic Chemistry and Biochemistry of the Czech Academy of Sciences. The Czech stand at the event was also supported by representatives of the Consulate General of the Czech Republic in Munich. “IOCB Tech Group regularly participates in BIO-Europe. It is a useful opportunity for us to meet with leading representatives of the biotech, medtech, and life sciences world, as well as investors and scientific research clusters. Thanks also go to the organizers, the EBD Group,” said Martin Fusek, director of IOCB Tech. “BIO-Europe represents a great opportunity for us to meet startups at the forefront of Biotech. Specially, in the CEE region we have found great founders who are shaking the field with their innovative technologies. The event also gives us a chance to reach out to startups which might not have been ready for investment when we originally talked to them, but after some time it is fascinating to see their progress,” adds Roberto Fernandez Alvarez, who represented the incubator i&i Prague with other colleagues. “This year's BIO-Europe was also unique due to the inclusion of a new section of panel discussions on so-called translational funds. These are investors who provide fund financing for the translational phase of research and the technology transfer process. Besides our i&i Bio, four other funds from Germany, Austria, and Belgium were presented, which were also established at significant scientific institutions,” says Jaromír Zahrádka, director of i&i Biotech Fund, adding: “It is evident that such funds have their place in the European venture capital market and often become the initial investor in new projects and biotechnological spin-off companies, which then get the chance to appeal to a broader group of less specialized investors.” The IOCB Tech team conducted more than a hundred meetings and negotiations over three days. “We are particularly grateful for the discussion with the EBD Group regarding the potential hosting of the BIO-Europe conference in Prague, and we are pleased that this vision is also supported by significant clusters such as LISAvienna – Life Science Austria Vienna, BioM Biotech Cluster, Biosaxony association, and many others,” added Martin Opatrný, spokesperson for IOCB Tech. “BIO-Europe represents a great opportunity for us to meet startups at the forefront of Biotech. Specially, in the CEE region we have found great founders who are shaking the field with their innovative technologies. The event also gives us a chance to reach out to startups which might not have been ready for investment when we originally talked to them, but after some time it is fascinating to see their progress,” Roberto Fernandez Alvarez i&i Prague Discussions on cooperation also took place, for example, with the company Symeres, a leading research organization focused on the discovery and development of new drugs. Representatives of the Consulate General in Munich also expressed their support for the IOCB Tech Group, whose visit was a significant recognition of the activities of the IOCB Tech Group. “We are glad to be part of this significant event and present, thanks to IOCB Tech, Czech excellence in the field of life sciences and pharmacy, and thus show the world the innovations and potential of Czech science and technology transfer,” said consul Lukáš Opatrný from the Consulate General of the Czech Republic in Munich. BIO-Europe is an annual meeting of visionaries, innovators, and experts in the field of biotechnology and pharmaceutical research from around the world. Over the past 29 years, BIO-Europe has grown not only in size but especially in becoming the flagship of European biotech. Its international reach is a symbolic gateway to the global life science community. About IOCB Tech The Technology Transfer Office IOCB Tech, s.r.o. is a fully owned subsidiary of the Institute of Organic Chemistry and Biochemistry (IOCB). The main responsibilities of IOCB Tech include the identification of commercially interesting projects at IOCB, analysis of their market potential and patentability, protection of intellectual property, support for the development of the projects in the form of project management, search for commercial partners and negotiation of contractual terms for signing license agreements. IOCB Tech has been involved in the process of negotiating and concluding more than a dozen key license agreements with major pharmaceutical partners such as Gilead Sciences, Merck, Novo Nordisk and SHINE Medical Technologies. In 2017, the company established a subsidiary, i&i Prague, which focuses on funding promising early-stage projects at the Institute and other research and academic institutions. For more information visit www.iocbtech.cz . About i&i Prague The i&i Prague Bio-Innovation Center focuses on the transfer of new technologies into practice. The company was established at the Institute of Organic Chemistry and Biochemistry of the CAS and is mainly dedicated to innovations in the field of drug development, diagnostics and medical devices originating from academic institutions. It supports the creation of spin-off companies and the sale of licenses. So far, the company has participated in the creation of or otherwise supported 15 spin-off companies from five countries, has an equity stake in nine of them and has invested over 70 million crowns. In total, the spin-offs in i&i Prague's portfolio have raised more than CZK 1.8 billion from other investors. In addition to direct financial investments, i&i Prague also assists more than 15 research institutions and universities in the Czech Republic and abroad in the commercialization of innovative technologies. In 2021, i&i Prague started up the i&i Bio investment fund. About i&i Biotech Fund (i&i Bio) i&i Bio is a Luxembourg-based venture capital firm that invests in innovative European Life Sciences companies focused on drug discoveries, medical devices, diagnostics, and digital health. The Fund was created thanks to the cooperation of the biotech incubator i&i Prague and the European Investment Fund (see below). With over €47M under management, i&i Bio plans to invest in about 20 early-stage companies. i&i Bio is led by an experienced team of professionals with backgrounds in private equity, healthcare and venture capital supporting entrepreneurs on their journey to global success. Thanks to close cooperation with the fund’s main sponsor, the biotech academic incubator i&i Prague, i&i Bio is supporting and advancing transformative Central European technology companies. For more information visit www.inibio.eu . About EIF i&i Bio is supported by an investment from the EIF, with the support of: lnnovFin Equity, with the financial backing of the European Union under Horizon 2020 Financial Instruments and the European Fund for Strategic Investments (EFSI) set up under the Investment Plan for Europe. The purpose of EFSI is to help support financing and implementing productive investments in the European Union and to ensure increased access to financing; and the Pan-European Guarantee Fund (EGF), implemented by the EIF with the financial support of the Participating Member States. The objective of EGF is to respond to the economic impact of the COVID-19 pandemic by ensuring that companies in the Participating Member States have sufficient short-term liquidity available to weather the crisis and are able to continue their growth and development in the medium to long-term.

Licensing agreement for a novel SARS Cov-2 virus neutralization antibody test was signed We are very happy to inform you that i&i Prague has participated on a development of novel in vitro diagnostics test measuring virus neutralization antibodies against SARS Cov-2 in human blood. The project was successfully completed and the Institute of Organic Chemistry and Biochemistry (IOCB) and the Institute of Biotechnology (IBT) have signed an exclusive license agreement with the company Immunotech, the Prague based subsidiary of Beckman Coulter. Read more information on IOCB webpage. 12 mouse monoclonal antibody clones against different domains of SARS Cov-2 Spike protein were generated in this project and are available for research or other use. For more information about the new test and the available antibody clones, contact: Dr. Jiří Moos moos@iniprague.com

Smart bandages not only capture pathogens, but also destroy them in no time. All they need is ordinary light. LAM-X team Hospital-acquired infections are a problem that current technologies are not able to deal with effectively. In the European Union alone they cause around 100,000 deaths each year, with estimates of the costs associated with treatment in the EU around €7 billion per year. However, this could change in the future; the Czech spin-off LAM-X a.s. is working intensively on the development of a nanomaterial that not only passively prevents viruses or bacteria from entering open wounds, but can also actively destroy them. It is made up of nanofibres doped with a photoactive substance which, when activated by ordinary light, eliminates any microbes that are in close proximity to it. Current dressing materials provide a kind of mechanical barrier aimed at suppressing the transmission of infection into the patient's body. However, if the objective is also to destroy the pathogens that cause infections, cover materials containing active silver are available. However, this is potentially toxic to the patient if used for a long time, and over time bacterial strains that may be resistant to this metal emerge. The material from LAM-X a. s. works on a completely different principle. “Our technology works with nanofibres that are hundreds of nanometres in diameter. We use them to create a very dense network that effectively prevents the penetration of pathogens. However, this in itself is not groundbreaking; nanofibre coverings have been produced for some time, although their use is not yet widespread. The added value of our material lies primarily in the fact that we can add a photoactive substance (so-called photosensitizer) to our nanofibres, which, when illuminated with ordinary light, activates a sterilization process that eliminates any bacteria or viruses on the surface of the bandage,” says Roman Chaloupka, CEO of LAM-X a. s. The light-activated photosensitizer can convert virtually ubiquitous molecular oxygen into so-called singlet oxygen, a highly reactive molecule that oxidizes virtually anything that comes in its way. “By using the photooxidation process, we are able to destroy even those pathogens that have already built up resistance to antibiotics or silver. Another huge advantage of our technology is that it eliminates the problem of toxicity of active dressings, which allows their long-term use. The singlet oxygen is generated only on the surface of the nanofibers and, due to its high reactivity, it acts only in close proximity to the nanofibers, so it does not come into contact with the patient's own wound or skin at all. And last but not least, our material is cheaper, as there is no need to use precious metals such as silver in its production,” adds Chaloupka. Bandages, incision films, catheter fixation The development of a second-generation smart bandage with antimicrobial effect is currently moving towards a clinical trial. If its current potential is confirmed, it could help, for example, people with chronic wounds in a few years' time. “More than 50 percent of patients with chronic wounds have been on treatment for more than a year. One reason is that these wounds are repeatedly infected with other bacteria. Our material should prevent this,” says Roman Chaloupka. However, it could be used to treat virtually any wound. A prototype of this type of bandage already exists and is currently being tested preclinically. These are a set of tests that need to be carried out before the product receives the necessary approvals to conduct clinical trials on real patients. Recruitment and follow-up should then take about a year. “By the end of 2024 and the beginning of 2025 at the latest, we should have the data to certify this dressing material as a medical device and subsequently award the CE mark, which is necessary for placing it on the EU market. At that point, production can begin,” adds Roman Chaloupka. However, dressing materials are only one of the paths LAM-X a.s. wants to take in the use of its technology. “At the moment we are already working on the development of other products, because we are convinced that our technology has a much more versatile application. Our material could be used, for example, to drape an operating field, which would greatly reduce the incidence of bacteria that could get close to an open wound. Even better, they could replace incision films, which are glued directly to the patient's skin to enhance health protection, especially in more time-consuming operations. The increase in cleanliness during surgery using our material should clearly reduce the incidence of post-operative infectious complications,” says Roman Chaloupka, outlining further possibilities. The technology of LAM-X a. s. would also find application in intravenous catheterisation, especially in long-term patients. “Even in this case, doctors struggle with the transfer of bacteria into the bloodstream, which causes serious health complications in the form of infections. If we made the adhesive dressings that fix the catheters to the wound from our material, we could largely prevent infections,” explains Roman Chaloupka. Clinical trials, search for an industrial partner LAM-X a.s. was founded in 2020 thanks to the joint efforts of Charles University and the Academy of Sciences. Specifically, its creation is backed by Charles University Innovations Prague, a subsidiary of Charles University, and the i&i Prague bio-innovation centre. It is currently preparing an investment round to raise funds for the aforementioned clinical trials. “All our products fall into the category of medical devices, the production of which is, of course, highly regulated. In order to obtain the necessary permits, whether in the Czech Republic, the European Union or in non-European countries, we need to collect a large amount of data to confirm the safety and efficacy of the material,” explains Roman Chaloupka of the need for clinical trials. The company would like to use part of the funds raised to equip its own laboratory (including a semi-operational nanofibre production facility) and to develop further products using this technology. However, the plans of LAM-X a. s. do not end there. “After completing all the necessary testing of our wound covers, we would like to launch them on the market through an industrial partner in the form of a large multinational company. We are looking for someone who has been involved in the treatment and healing of wounds for a long time, which means they already have a distribution network and effective marketing. We could then continue to focus on what we do best, i.e. on the development of new products,” concludes Roman Chaloupka, CEO of LAM-X a. s. Conclusion The products that LAM-X a.s. develops are based on unique technology that can help improve the quality of life for millions of people. Thanks to their versatility, they can be used in many areas of healthcare. They are also cheaper to produce in many cases than the materials currently used. It is these attributes that give LAM-X the chance to develop its potential not only in the local market, but also to succeed globally.

We are your new team member, leading your journey from groundbreaking invention to market-storming product. Incubation We help invention grow! For scientists aiming to commercialize their innovations, i&i Prague offers step-by-step support, including market analysis, initial funding, and early industry feedback. We connect you with experts from science, law, and industry to ensure your project’s success. We are your new team member, leading your journey from groundbreaking invention to market-storming product. Incubation process Unlock the full potential of your scientific discovery. Our team of experts will provide you with the support you need to successfully commercialize your innovation. Our incubation program includes four basic phases: Idea Evaluation, Pre-Incubation, Incubation and Post-Incubation phase. IDEA EVALUATION Content: Project introduction Duration: individual Result: Yes/No futher discussion Read more PRE-INCUBATION Content: Mentoring Duration: individual Result: Incubation decision Read more INCUBATION Content: Full-speed project development Duration: Up to 36 months Result: Startup establishment Read more POST-INCUBATION Content: Startup further support Duration: individual Result: Support until successful exit Read more Contact us If you are interested in joining our incubation program, let us know. Our incubation program is open for projects from the Czech Republic and Poland. First Name Last Name Email Message Thanks for submitting! Send

Our team We help invention grow! Our team benefits from decades of know-how and experiences gathered in academic institutions, technology transfer and industrial companies. Using this knowledge, we are developing a pool of highly potent biotech projects originating in academia and finding commercial partners for them. JIŘÍ MOOS CEO, Board of Directors In addition to managing i&i Prague, Jiří is responsible for project analysis. He is a member of the GAMA Commercialization Council of the Institute of Molecular Genetics (IMG) and an external member of the Supervisory Board of the Institute of Biotechnology. Previously, he was a senior sales manager at Sigma-Aldrich and coordinator of regional activities of the Sigma-Aldrich Applied Business Unit. He also worked at Immunotech a.s. and has extensive experience as a researcher at the Centre for Assisted Reproduction at the General University Hospital in Prague and IMG. LinkedIn Mail DAVID STÍBAL Vice Director, Board of Directors David evaluates the business potential of scientific projects, establishes and initially manages startups, and works on the long-term development of projects all the way to their successful commercialization. David completed his bachelor’s and master’s degrees at the University of Chemistry and Technology in Prague, earned a Ph.D. from the University of Neuchâtel in Switzerland, and conducted postdoctoral research at the prestigious Massachusetts Institute of Technology (MIT). Prior to joining us, he worked in Lach-Ner s.r.o. as a research scientist. LinkedIn Mail IVA MACHOVÁ Incubation and Regional Manager for Poland Iva is responsible for the analysis of project technology. Before joining our company, Iva worked as a postdoc researcher at the Biomedical Center of the Faculty of Medicine in Pilsen. She holds BSc and MSc degrees from UCT Prague, Czech Republic, and she did her Ph.D. at the Institute of organic chemistry and biochemistry. Iva spent several months on a postdoctoral fellowship at Ludwig-Maximilians-Universität München. Due to her scientific experience in biochemistry, she is focused on projects in the field of drug discovery and cell therapy. LinkedIn Mail JIŘÍ RŮŽIČKA Incubation Manager Jiri is responsible for analyzing projects at i&i Prague. He also worked at the Institute of Experimental Medicine of the CAS (IEM), the University of Cambridge, and the University of Leeds. He has done his PhD at IEM and the 2nd Faculty of Medicine of Charles University. He has 14+ years of experience in neuroscience and regenerative medicine with a broad focus on brain/spinal cord injuries, neurodegenerative diseases, and ageing. He has been dealing with enzymatic, gene, or cell therapies, biomaterial applications, and genetic models of neurodegenerative disorders. Mail Mail KAMILA BURDOVÁ Incubation Manager Kamila is an Incubation Manager at i&i Prague. She brings over a decade of scientific experience in molecular biology, genome stability, and DNA repair, gained at leading research institutions including the Institute of Molecular Genetics in Prague, the University of Oxford, and the University of Sussex. At i&i Prague, she supports the development and growth of early-stage biotech projects with strong scientific foundations. Her deep understanding of academic research allows her to bridge the gap between science and commercialization effectively. LinkedIn Mail JAN BERKA Project Manager with a Focus on International Contacts Jan studied molecular biology and genetics at Masaryk University in Brno (Czech Republic). After his doctorate, he worked at the Barnett Institute, Northeastern University in Boston on the development of DNA sequencers. Later, he worked at CuraGen, 454 Life Sciences, Pfizer Rinat and Adaptive Biotechnologies, where he was involved in pioneering methods of DNA and immune system sequencing. Before joining i&i Prague, he worked at Roche Molecular Diagnostics in California, developing biomarker assays. Mail Mail ROBERTO FERNANDEZ Incubation Manager Roberto is responsible for the analysis of projects. Prior to joining us, Roberto completed his Ph.D. in Macromolecular Chemistry at Charles University in Prague. He holds a BSc in Chemistry from the University of Costa Rica and an MSc in Biochemistry and Biotechnology from Autonomous University of Barcelona. Parallel to his work in i&i Prague, Roberto works as a project manager in the MedTech start-up LAM-X a.s. Due to his experience, Roberto prefers to focus on projects in the field of medical devices and drug delivery. LinkedIn Mail SIMONA ŠANDOVÁ Office Manager Simona is responsible for making sure that everything works as it should in i&i Prague. During her career, Simona has worked as an Office Manager and a Junior Property Manager. She was responsible for training and conference organization, communication with clients and suppliers as well as administrative assistance for the project and property department. Simona has considerable experience in administration and office management. LinkedIn Mail MARTIN KOVALČÍK Communication Manager Martin is responsible for PR activities and communication of our incubator. Prior to joining i&i Prague, Martin worked for nearly 13 years as a media coordinator at the respected Czech non-profit organisation, People in Need, where he was responsible for regular media relations and media service for a team of 300 people. He also has experience working in several editorial offices. He left his most significant mark at the Metro newspaper, where he worked for over 5 years, the last two as the deputy editor-in-chief. Mail Mail

We focus on unique ideas that have the potential to succeed on a global scale. We are dedicated to innovations in Drug Discovery, Diagnostics, MedTech and other Life Science fields that originate from academic institutions. Incubation We help inventions grow! For scientists aiming to commercialize their innovations, i&i Prague offers step-by-step support, including market analysis, initial funding, and early industry feedback. We connect you with experts from science, law, and industry to ensure your project’s success. Our exits Our role is to help launch new startups or spin-offs. The moment our role ends, the exit follows. Here is an overview of our exits: DIANA BIOTECHNOLOGIES Focus: Pharmaceuticals and highly sensitive diagnostic methods Field: Diagnostics Country: Czech Republic Read More ELPHOGENE Focus: Liquid biopsy technology for cancer diagnostics Field: Diagnostics Country: Czech Republic Read More RIOCATH Focus: New technology used in the production of catheters Field: MechTech Country: Czech Republic Read More

We focus on unique ideas that have the potential to succeed on a global scale. We are dedicated to innovations in Drug Discovery, Diagnostics, MedTech and other Life Science fields that originate from academic institutions. We help turn groundbreaking scientific discoveries into successful startups and spin-offs. By connecting innovation with capital and expertise, we create growth opportunities. Our objective is to identify new inventions in Drug Discovery, Diagnostics, MedTech and other Life Science fields. This is an overview of our current portfolio: Portofolio companies Adalid Science Novel lipid nanoparticles for effective drug delivery Czech Republic Read More Dracen Pharmaceuticals Tumor-Directed Glutamine Antagonist Czech Republic/ USA Read More PerioTrap Curative treatment of periodontitis Germany Read More Sophpomer Syntetic polymer for immunoassays Czech Republic Read More CasInvent Pharma Casein Kinase 1 inhibitors for cancer treatment Czech Republic Read More LAM-X Light-activated nanomaterials fighting infections Czech Republic View More Reecyclium Separation of rare elements from permanent magnets Czech Republic Read More Sulfotools Green peptide synthesis technology Germany Read More Deep MedChem AI-based tools accelerating drug discovery Czech Republic Read More Pep-Therapy Innovative peptides for oncology France Read More Sampling Human Yeast cell based biocomputing Czech Republic/USA Read More Projects in incubation Here you will find a list of projects that are currently included in our incubation programme: Promental Health In vitro diagnostic panel of novel microRNA biomarkers for early diagnosis of Alzheimer’s disease. Poland Read More Insert A system for liquid-liquid microseparations, enabling sample preparation for GC and HPLC analysis. Czech Republic Read More Funbrush Covalent fluorescent probe designed for tagged proteins for biomolecular interaction studies. Czech Republic Read More Our exits Our role is to help launch new startups or spin-offs. The moment our role ends, the exit follows. Here is an overview of our exits: Diana Biotechnologies Pharmaceuticals and highly sensitive diagnostics Czech Republic Read More Elphogene Liquid biopsy technology for cancer diagnostics Czech Republic Read More Riocath New technology used in the production of catheters Czech Republic Read More

David Stíbal: We believe a startup is one of the best paths nowadays to develop interesting technologies beyond the academic level How complex is the path to a new drug? Why do licenses for Czech drugs end up abroad? What are the most common issues currently faced by biotech startups? David Stíbal, Vice Director of the biotech incubator and venture builder i&i Prague, s.r.o., reflects on these and other questions related to the commercialization of scientific discoveries. How complex is the path to a new drug today? The path to a new drug is very complex and risky, and in some respects, this is even more true today than it was in the past. For example, if we were to calculate the current cost of developing a new drug from initial trials to the final "pill", statistics show it would approach one billion dollars. This figure includes also the costs of all unsuccessful candidates within the development program, preclinical and clinical experiments, production, marketing, and much more. Pharmaceutical companies then need to recoup this investment from the sales of the drugs that make it all the way to market. What drugs are in the highest demand today? According to the list of the most successful drugs (known as "blockbusters," i.e., drugs that generate at least one billion USD annually) for 2023, the most sought-after drugs are GLP-1 agonists, such as anti-obesity drugs (Ozempic, Mounjaro, etc.), cancer-fighting antibodies (e.g., Keytruda from MSD), immunologic drugs (Humira, Stelara, etc.), or HIV medication, incidentally the one developed by Professor Holý’s team at the Institute of Organic Chemistry and Biochemistry in the late 20th century (Tenofovir alafenamide, marketed by Gilead Sciences). Many licenses for Czech drugs are sold abroad. Is there any way to change that? Licenses are typically sold at an early development stage to larger companies that have the capacity to bring such programs through advanced clinical trials and to market. In our field, this is usually the domain of major pharmaceutical companies capable of bearing the high costs mentioned earlier. The idea of having a drug, invented and developed in the Czech Republic, also manufactured here is certainly appealing. However, until a major pharmaceutical company transfers its R&D or manufacturing facility to the Czech Republic, or until a mid- to large-sized pharmaceutical company emerges here, this scenario is hard to imagine. You support startups focused on developing new drugs or diagnostic methods. Are there any positive trends in this segment in the Czech Republic? Through our work, we see a positive trend, especially in the growing number of startups and the willingness of scientists and university employees to discuss commercialization and consider developing their inventions beyond scientific publications or patents. We’re delighted by this, as we believe a startup is one of the best paths nowadays to develop interesting technologies beyond the academic level. However, it's also worth noting that the startup mentality in the Czech Republic, particularly in our field, is not yet as developed as it is in more advanced countries. What are the biggest challenges these startups face today? The biggest issue, globally, is the current lack of investment capital and, more specifically, the scarcity of investors willing to support new, high-risk projects. This is especially true when compared to the “COVID years” of 2019-2021, when funds were released more readily, with investors supporting projects that could, among other things, respond immediately to the crisis. The situation is different now: investors are more cautious about where they allocate their funds, partly because they are reserving capital to support their existing portfolio companies. A startup may be a suitable path, where scientists and managers can work together to further develop the technology until it is relevant for direct licensing to a larger firm. DAVID STÍBAL VICE DIRECTOR AT i&i PRAGUE What did you think of this year’s Prague.bio Conference? I consider the event a great success. It’s impressive how the Prague.bio association managed to organize a high-quality conference with such a small team. Similar events are held fairly regularly across Europe, some of which i&i Prague likes to attend. However, there are relatively few conferences focused on such early-stage technologies, as was the case with Prague.bio. We were also pleased with the scientifically oriented program and high attendance, which shows that such an event is needed in the Czech Republic and is appreciated by both academic and industry players. Are there any new figures in today’s biomedicine who might follow in Professor Holý's footsteps? Repeating such an achievement will be challenging but not impossible. To make it happen, however, we need to build a more robust infrastructure that can help scientists navigate the very complex process of bringing their ideas to fruition. Our incubator aims to be one of the pieces that form this mosaic. What is the best way to commercialize the results of science and research? The answer to this question depends on how advanced the result is and how well it aligns with the current market needs. If it is possible to directly connect with a larger company and license the result to them, this is a relatively fast way to transfer the technology into practice. If that’s not possible, a startup may be a suitable path, where scientists and managers can work together to further develop the technology until it is relevant for direct licensing to a larger firm. Alternatively, developing the technology all the way to market can also be considered, although this is more of an exception in our field. David Stíbal is the Managing Director of the biotech incubator i&i Prague. He evaluates the business potential of scientific projects, establishes and initially manages startups, and works on the long-term development of projects all the way to their successful commercialization. He completed his bachelor’s and master’s degrees at the University of Chemistry and Technology in Prague, earned a Ph.D. from the University of Neuchâtel in Switzerland, and conducted postdoctoral research at the prestigious Massachusetts Institute of Technology (MIT). Czech version of the interview was published in Ekonomický magazín . Author: Martin Kovalčík

Czech i&i Prague and the Polish Medical Innovation Institute join forces to support cutting-edge scientific innovation in the region Iva Machová (i&i Prague) and Jakub Chwiećko (Medical Innovation Institute) during PACTT conference in Poland. Prague/Warsaw, 20 February 2025 – The partnership between i&i Prague and the Polish Medical Innovation Institute (MII) aims to support the commercialization of unique Polish innovations. The companies want to identify biotech projects with the potential to achieve global success and contribute to their development. In the long term, they want to strengthen the links between the Czech Republic and Poland in this field and create a bridge between basic research and its commercial application. i&i Prague is dedicated to helping scientists transform their groundbreaking discoveries into market-ready solutions. The company offers step-by-step guidance to help with the commercialization of innovations, from shaping the scientific idea into a business concept to connecting inventors with top-tier experts in science, law, and industry. With this step, i&i Prague is expanding its activities beyond the borders of the Czech Republic, seeing Poland as a strategic partner. "Until now, we have focused mainly on the Czech environment, which we are trying to co-create and move forward in the long term. Now we are offering our expertise to Poland. We believe that just like in the Czech Republic, we will find unique scientific projects with a high level of innovation. We are ready to help them transform into successful startups and spin-offs," said Iva Machová, Incubation Manager and Regional Manager for Poland at i&i Prague. The Medical Innovation Institute (MII) is a Polish organization dedicated to advancing the commercialization of innovative research in the healthcare sectors. We support scientists and entrepreneurs by offering expert guidance, securing funding, and fostering strategic partnerships to transform innovative ideas into market-ready solutions. MII works closely with both local and international stakeholders, ensuring that innovations are not only successful in the Polish market but also have the potential for global impact. "Cooperation with i&i Prague marks another significant step in our efforts to internationalize Polish scientific projects. With their deep expertise in commercialization, we are confident that, together, we can pave the way for Polish innovations to enter global markets," said Michał Jeska, Chief Growth Officer at Medical Innovation Institute. Contact for journalists: Martin Kovalčík, kovalcik@iniprague.com , +420 777 472 863