Gedea Biotech won third prize in European competition

Gedea Biotech won third prize in the European Final of the EIT European Health Catapult, in the category of Biotech. Gedea also won the Crowd Award! This means that the company is one of Europe’s absolute best start-up companies in the health sector. After months of a preparations and competitions, the final took place on December 4 at the EIT Health Summit in Poland Lodz.

Gedea Biotech won the prize money of € 10,000 for the third prize and received € 10,000 for being chosen for the audience’s favorite, thus winning as much as the first prize winner, a total of € 20,000. The audience award became a landslide victory for Gedea. There was only one award for all the categories and Annette Säfholm and Gedea won by far over the other 11 companies. 350 people out of 400 participated in the voting and Gedea won.

– Vaginal infections are painful and there is a huge need for new, modern solutions. I think the audience voted for us because our product, pHyph, solves a problem that is urgent for many people, says Annette Säfholm.

-Participation in EIT Health Catapult has given us in valuable contacts with investors, entrepreneurs and partners that we will benefit greatly from in the future,” says Annette Säfholm

Gedea Biotech is based on research at Lund University of Olov Sterner, Sophie Manner and Ulf Ellervik at Chemistry Center together with Helena Strevens, senior doctor in gynaecology/obstetrics at the Women’s Clinic at SUS. The first two clinical studies are ongoing in patients with vaginal fungal infection and bacterial vaginosis.

About EIT Health: Together for healthy living in Europe
EIT Health is a European network with over 140 qualified partners from industry, academia and healthcare professionals in Europe. Region Skåne is one of the main partners since 2018, which allows companies with relationships with the regional innovation system to seek funding for international growth. Innovation Skåne coordinates the program in the region. For more information, see eithealth.eu or contact bengt.stavenow@innovationskane.com