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February 07, 2024 | Tom Ballard

Labiotech identifies best accelerators for biotech companies

The list of best biotech accelerators includes programs from across the country.

What are the top accelerator programs for biotech and life science companies? A recent article in Labiotech suggested this list:

  • Headquartered in San Francisco, Alchemist Accelerator is focused on accelerating the development of early-stage ventures through its six-month program that aims to help budding entrepreneurs on their journey to becoming biotech founders.
  • Launched in 2018, Nucleate, a student-led organization founded by a group of Ph.D. candidates, aims to provide the tools to biotech entrepreneurs to start new ventures, especially scientists and business students looking to build a company, without taking equity.
  • Run by the DNA giant Illumina, the Illumina Accelerator was founded in 2014 to launch genomic companies to make it big in the synthetic biology, diagnostics, agriculture, and therapeutics fields.
  • IndieBio, launched a decade ago to help grow companies in their different stages of development, has funded more than 215 companies and helped secure funds worth $9 billion.
  • StartX is a Stanford University-led accelerator program that focuses on supporting biotechs by helping secure funds and getting involved in the company’s recruitment process.
  • Founded eight years ago in Boston, Xontogeny helps design a company’s portfolio and build its regulatory plan, from when candidates are in the preclinical stage, all through to the clinic.
  • BaseLaunch, which is situated in the biotech hub of Basel, Switzerland, offers companies access to labs and other infrastructure, in addition to up to $500,000 in financing.
  • After supporting its first biotech start-up a decade ago, various biotech start-ups have hopped on the Y Combinator accelerator bandwagon to pursue their pipelines.
  • Based in St. Louis, BioGenerator Ventures deploys funds to early stage companies, and acts as both a venture capital source and an accelerator.
  • Another Boston-based accelerator with branches across the world is MassChallenge, a non-profit start-up accelerator for early stage entrepreneurs. The MassChallenge HealthTech community is a pool of healthcare professionals, researchers, policymakers, mentors, and investors, who look to improve healthcare by enabling entrepreneurial and scientific talent.

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