Winners of the inaugural Lyfebulb-Helsinn Innovation Summit & Awards in Oncology announced

"The innovation demonstrated by all eleven finalists exemplifies how the insights of personal experience can combine with entrepreneurial skills to create solutions which will improve the lives of people affected by cancer. In my mind, all finalists are winners in the Patient Entrepreneur category," said Dr. Karin Hehenberger, MD, PhD and CEO and Founder of Lyfebulb.

Eleven finalists were invited to compete at the Lyfebulb-Helsinn Innovation Summit & Award in Oncology event, which was hosted on March 26th and 27th, 2018, by Lyfebulb and Helsinn at the Monte-Carlo Bay Hotel and Resort, in Monaco. Over the course of the summit, the finalists presented their businesses to an independent, curated panel with expertise in oncology.

Helsinn Group Vice Chairman and CEO Riccardo Braglia commented, "The expert panel has chosen worthy winners. I know Lorenzo and Gitte's ideas have the potential to make real progress in areas of unmet patient need, and to make a difference to those living day-to-day with cancer. Helsinn is proud to support innovation of this quality and we hope that this award will inspire a generation of patient entrepreneurs to come forward with similar levels of enthusiasm."

Mr. Pradella of GreenBone Ortho, srl has built a business that develops highly innovative, wood-derived, biometric and re-absorbable bone implants to repair critical defects in load bearing and non-loaded bones, which product can be used for cancer related bone loss. In winning the LBH Award, GreenBone Ortho, srl will receive a $25,000 monetary grant in recognition of its pioneering product.

Ms. Pedersen of Genomic Expression, Inc. has developed a diagnostic business that identifies the ideal drug for a patient and the ideal patient for the drug by sequencing RNA. Genomic Expression will receive the LBH Award by Denise LePera and Dr. Stephen Squinto, also a $25,000 monetary grant.

Finally, the jury created a special recognition award for Aaron Horowitz of Sproutel, Inc., who has created play-based healthcare innovations for children afflicted with disease, specifically the My Special Aflac Duck(TM) for children with cancer.

The LBH Award recognizes outstanding potential among entrepreneurs who have demonstrated an ability to develop and bring to the market innovation, using drugs, medical devices, consumer products and healthcare information technologies, designed to improve the quality of life of people with cancer. The LBH Award by Denise LePera and Dr. Stephen Squinto, derived from the generous donation by the couple, was added to the Summit to provide additional recognition among a highly talented pool of finalists:

- Samuel Wagner of Batu Biologics, Inc- Massimo Bocchi of Cellply Srl- Walid Al-Akkad of Engitix Ltd- Gitte Pedersen of Genomic Expression, Inc- Lorenzo Pradella of GreenBone Ortho, srl- Samir Housri of TheMednet, Inc- Till Erdmann of Myelo Therapeutics GmbH- Christian Apfel of SageMedic, Inc- Aaron Horowitz of Sproutel, Inc- Thierry Desjardins of Surgisafe Ltd- Boaz Gaon of Wisdo Ltd

About Lyfebulb

Lyfebulb is a chronic disease focused, patient empowerment platform that connects patients, Industry (manufacturers and payers) and investors to support user-driven innovation. Lyfebulb promotes a healthy, take-charge lifestyle for those affected by chronic disease. Grounded with its strong foundation in Diabetes, the company has expanded disease states covered into Cancer and Inflammatory Bowel Disease.

See www.lyfebulb.com^[1], Facebook, Twitter, Instagram, Karin Hehenberger LinkedIn, and Lyfebulb LinkedIn.

About Helsinn International Services sarl

Helsinn International Services sarl is the Helsinn subsidiary which provides a range of advisory services and strategic activities to the Group and its specific companies. In particular, it acts as the advisory company to Helsinn Investment Fund.

About Helsinn Investment Fund S.A., SICAR

The Helsinn Investment Fund is focused on early-stage investments in areas of high unmet patient need. Backed by the Helsinn Group, and guided by Helsinn's core values of quality, integrity and respect, Helsinn Investment Fund aims to help companies with innovative technologies to transform new ideas into commercial solutions with the potential to impact health-related quality of life of patients.

Drawing on Helsinn's over 40 years of investment into research and development and commercial expertise, the investment fund selects companies with technologies in a range of areas including cancer therapeutics and diagnostics, cancer supportive care, metabolic and gastrointestinal disorders, and dermatology conditions.

For more information, visit www.helsinninvestmentfund.com^[2]

About the Helsinn Group

Helsinn is a privately owned pharmaceutical group with an extensive portfolio of marketed cancer care products and a robust drug development pipeline. Since 1976, Helsinn has been improving the everyday lives of patients, guided by core family values of respect, integrity and quality. The Group works across pharmaceuticals, biotechnology, medical devices and nutritional supplements and has expertise in research, development, manufacture and the commercialization of therapeutic and supportive care products for cancer, pain and inflammation and gastroenterology. In 2016, Helsinn created the Helsinn Investment Fund to support early-stage investment opportunities in areas of unmet patient need. The company is headquartered in Lugano, Switzerland, with operating subsidiaries in Switzerland, Ireland, the U.S., Monaco and China, as well as a product presence in approximately 190 countries globally.

To learn more about Helsinn Group please visit www.helsinn.com^[3]

For more information:Helsinn Group Media ContactPaola BonviciniGroup Head of CommunicationLugano, SwitzerlandTel: +41 (0) 91 985 21 [email protected]^[4]

For more information, please visit www.helsinn.com^[5] and follow us on Twitter, LinkedIn and Vimeo.

Press Contact for Lyfebulb: Karin Hehenberger, MD, PhDCEO & Founder, Lyfebulb, Phone: + 00 1 917-575-0210 Email: [email protected]^[6]

Please visit www.lyfebulb.com^[7]We are on Twitter. Follow us @Lyfebulb

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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.Source: Helsinn Healthcare SA via Globenewswire

Topic: Press release summarySectors: Science & Research, BioTech, HealthCare^[8][9][10] http://www.acnnewswire.com From the Asia Corporate News Network

Copyright © 2018 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

References

1. ^{^} www.lyfebulb.com (www.lyfebulb.com)
2. ^{^} www.helsinninvestmentfund.com (www.helsinninvestmentfund.com)
3. ^{^} www.helsinn.com (www.helsinn.com)
4. ^{^} [email protected] (www.acnnewswire.com)
5. ^{^} www.helsinn.com (www.helsinn.com)
6. ^{^} [email protected] (www.acnnewswire.com)
7. ^{^} www.lyfebulb.com (www.lyfebulb.com)
8. ^{^} Science & Research (www.acnnewswire.com)
9. ^{^} BioTech (www.acnnewswire.com)
10. ^{^} HealthCare (www.acnnewswire.com)