Combating Prediabetes and Type-2 Diabetes with a Mobile Health Engagement App


Behavioral engagement is viewed as a core mitigator in the fight against lifestyle disease, such as prediabetes and type-2 diabetes. Driven by research presented at the American Diabetes Association Scientific Sessions, an Icelandic mobile health-engagement platform in the form of an app can help promote weight loss and adherence to in-person lifes...

Medilync partners with National Hospital and Receives Horizon 20/20 grant


Medilync, a medical device company from Iceland, is focusing on improving the lives of patients with diabetes by improving the ease of disease self-management. Cloudlync, their flagship software, contains computer vision that facilitates the accurate logging of insulin doses administered via analogue insulin pens. Diabetes care management is comple...

Icelandic research receives 2.5m USD in international funding for unique biobank


The Landspítali University Hospital in Iceland has received a grant of 2.5m USD (ISK 300 million) to build a biobank in connection with one of the most comprehensive scientific studies ever conducted in the world. A total of 80,000 people in Iceland participate in the study titled iStopMM (Iceland Screens Treats or Prevents Multiple Myeloma). The g...

The Icelandic Centre for Research funds 61 research projects for 2019


The Icelandic Centre for Research (Rannis) has funded 61 new research projects for grant year 2019 from a total pool of 359 applications. Funded projects include those from industry, as well as the University of Iceland, Reykjavik University and the National University Hospital. In addition, postdoctoral and doctoral grants were awarded to 27 stude...

Icelandic Biotech Companies to Toronto Health Innovation Week


The 6th Annual Health Innovation Week in Toronto will take place from April 1-5, 2019. During this week a group of Nordic companies will be visiting Toronto under the auspice of the Nordic-Canada Health Solutions Initiative. This is a collaboration project to assist Nordic healthcare companies with accelerated entry to the Canadian market. Among th...

Kerecis Acquires Swiss Life-Science Company and Gains Reimbursement Approval


Kerecis, an Icelandic medical device company, announced two big milestones recently pertaining to the Swiss market: first, the acquisition of a Swiss life-science company, Phytoceuticals; second, the approval from Swiss healthcare authorities that the company’s lead product (Kerecis Omega3 Wound) will be reimbursed in Switzerland. As of March 1, 20...

The world’s most influential scientists from Iceland


Although Iceland is the most sparsely populated country in Europe, it is among the top in the world regarding GDP, human development and scientists in life sciences. In a recent report, 14 researchers from Iceland were included among the most influential scientists in the world, an indicator of the growing strength of the Icelandic scientific commu...

EpiEndo Pharmaceuticals to advance respiratory treatment with €800k fundraising


EpiEndo Pharmaceuticals received €800k (ISK 110 million) in capital from Icelandic funds, including Brunnur Ventures and existing shareholders. This fund will be used to develop the treatment called “Barriolides” of Chronic Obstructive Pulmonary Disease (COPD). COPD is a common respiratory disease with over 70 million patients globally. Besides res...

Oculis raises a total of $15.5m in an extension of a Series-B


Oculis, an Iceland-based biotechnology company developing the topical treatment for eye conditions, recently announced the successful fundraising of 15.5-million CHF (equivalent to 15.5-million USD) in an extension of its Series B financing round. This round was led by Tekla Capital Management (Boston) and included the contribution of Nan Fung Life...

Florealis introduces a new herbal remedy for urinary tract infections


Florealis - an Icelandic pharmaceutical company – has introduced Lyngonia, a non-antibiotic herbal remedy against urinary tract infections (cystitis). Annually, there are around 150 million women worldwide suffering from the attack of repeated urinary tract infections. Antibiotics are the treatment that is usually prescribed for cystitis. However,...

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