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Startup Of The Week: Nyctea Technologies

Nyctea Technologies, a Swedish startup, is developing a smart material that promises to significantly improve the purification of biological drugs, offering higher yields and faster cycles while reducing the amount of energy needed and the use of chemicals, plastics and water. It is one of 70 young companies in AstraZeneca’s BioVenture Hub.

“Our goal is to help AstraZeneca and the pharmaceutical industry as a whole to be not just greener but more efficient and use less resources,” says co-founder and CEO Gustav Ferrand-Drake del Castillo.

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About the author

Jennifer L. Schenker

Jennifer L. Schenker, an award-winning journalist, has been covering the global tech industry from Europe since 1985, working full-time, at various points in her career for the Wall Street Journal Europe, Time Magazine, International Herald Tribune, Red Herring and BusinessWeek. She is currently the editor-in-chief of The Innovator, an English-language global publication about the digital transformation of business. Jennifer was voted one of the 50 most inspiring women in technology in Europe in 2015 and 2016 and was named by Forbes Magazine in 2018 as one of the 30 women leaders disrupting tech in France. She has been a World Economic Forum Tech Pioneers judge for 20 years. She lives in Paris and has dual U.S. and French citizenship.