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SpacePharma SA launches American subsidiary, SpacePharma, Inc.

Press Release From: SpacePharma SA
Posted: Tuesday, August 16, 2016

Officials with SpacePharma SA, a world leader in providing simplified, high-value microgravity services, today announced the company recently expanded to the United States. SpacePharma, Inc., a wholly owned subsidiary of SpacePharma SA, will introduce American research and pharmaceutical businesses to their unique “one-stop-shop” approach to accessing and taking advantage of microgravity.

“Microgravity is a disruptive environment that enhances and improves a researcher’s ability to make a discovery,” said Yossi Yamin, founder of SpacePharma SA. “But access to microgravity has been limited and expensive – until now. SpacePharma opens up microgravity to all. Through this new division, American customers can take advantage of affordable, end-to-end microgravity services and solutions, all from the comfort of their office. In the end, we will help researchers turn their ideas into realities, including new drugs, food design innovations, advancements in agricultural chemistry and more.”

SpacePharma will now offer U.S. customers access to its miniaturized, end-to-end laboratory, mGnify, which is able to perform advanced biological and chemical experiments, provide novel data and accelerate R&D pipelines. Measuring 20 cm x 10 cm x 10 cm, mGnify features different types of laboratories: bio-chemistry, drug screening, gene-expression, protein crystallization and migration.

The Orbiting mini-lab can be remotely controlled from anywhere on Earth via web application and can be used with multiple microgravity platforms. These include ground simulators, parabolic flights and the company’s state-of-the-art nanosatellites, which are scheduled for their debut launch in Q4 2016. The company can work with customers in all phases of their project, including experiment planning, preparation, execution in microgravity and result analysis.

The announcement of the new subsidiary comes on the heels of SpacePharma receiving its third round of funding through the Space Florida-Israel Innovation Partnership Program. Launched in 2013, the $2 million recurring joint fund supports research, development and commercialization of aerospace and technology projects that benefit both Florida and Israel (where SpacePharma operates its R&D division). SpacePharma is teamed with Florida’s CadW Therapeutics to develop a “lab-on-a-chip” system to study DNA damage to cells during spaceflight.

“The launch of SpacePharma, Inc., this additional grant from Space Florida and our participation in top-ranked U.S. trade shows, including BIO 2016, demonstrate our full commitment to the American market,” Yamin said. “Our goal is to continue to expand our presence in the United States so that we can help more American customers use microgravity to meet their R&D goals in a much shorter time frame and at an affordable price.”

About SpacePharma SA

SpacePharma SA is a world leader in providing simplified, high-value, end-to-end microgravity services and solutions for research. Headquartered in Switzerland, the company’s diverse team of professionals also operate an R&D division in Israel and its U.S. subsidiary based in Palo Alto, Calif. For more information, visit www.space4p.com.

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