Company Data

up to date - Sept. 2010

Focus

  • Development, licensing and sales of controlled breathing technologies for the delivery of inhaled therapeutics.

Founded

  • 1998
    Spin-out from the GSF (Research Center for Environment and Health) under the name of Inamed GmbH.

  • 2004
    The CRO and devices business were split and Activaero became a stand alone company in 2005.

Locations

  • Gemünden/Wohra near Frankfurt, Germany

  • Gauting near Munich, Germany

  • Dublin, Ohio, USA

Number of Employees

  • 42

Devices & Technology

  • AKITA® JET Inhalation System [more]

  • AKITA² APIXNEBTM Inhalation System [more]

  • LimiX Flow-Limitation Valve [more]

Competencies

  • Comprehensive IP Portfolio

  • Aerosol Science

  • Device Development

  • Clinical Project Management

  • Regulatory, Quality and Clinical Consulting

  • Manufacturing & Logistics

  • Marketing & Sales

Experiences

  • Performed > 30 clinical trials  with AKITA® inhalation systems in Europe, USA and other territories.

  • Aerosol in vitro characterization for more than 30 various molecules, small size (e.g. Glutathione) proteins and big molecules (e.g. Pneumococcal Vaccine).

  • 7 scintigraphic studies performed with AKITA® inhalation systems (best device worldwide with regard to lung/regional deposition).

  • At present time 10 ongoing investigations/trials with approximately 500 patients using AKITA® devices.

  • A number of 15 clinical trials successfully performed with the AKITA² APIXNEB system.With the previous AKITA® system, 23 clinical trials successfully performed.

Management Team

  • Dr. Gerhard Scheuch, Founder and CEO

  • Axel Fischer, Managing Director and COO

  • Bernhard Müllinger, CTO

  • Christian M. Pangratz, CBO

  • Dr. Thomas Hofmann, CMO

  • William C. Zimlich, CEO, Activaero  America, Inc.

  • Dr. Stefan Degenhardt, CFO

  • Dr. Florian Fischer, Corporate Development

Investors

  • Abalis Finance AG

  • BioMedInvest II LLP

  • Venture Incubator AG Vesalius

  • BioCapital S.A. SICAR

  • Cathay World Investments Limited

Activaero closed a 10.7 million Euro series A round in 2009.

Board of Directors

  • Dr. John Patton

  • Dr. Jean-Marie Luechinger

  • Dr. Gerhard Ries

  • Dr. Arnd Kaltofen-Ehmann

  • Dr. Christian Schneider

Academic Co-operation Partners

  • Erasmus Medical Center, Rotterdam

  • Harvard Medical School

  • Universitätsklinikum Gießen und Marburg (UKGM)

  • Helmholtz Zentrum München

Commercial Partners

  • Grifols - inhaled AAT for hereditary emphysema

  • Bayer HealthCare - undisclosed

  • Ablynx - undisclosed

  • Several undisclosed partnerships for early clinical trials with biopharmaceutical companies.

Corporate Development Milestones

  • 1998
    Foundation of Inamed GmbH as a spin-off from the GSF (today, the Helmholtz Center München) in Gauting.

  • 2001
    Center for logistics and administration opens in Gemünden.

  • 2003
    Exclusive licensing agreement with Talecris Biotherapeutics for the development of inhaled Alpha-1-Antitrypsin for the treatment of emphysema.

  • 2004
    The CRO (Inamed) and devices division (Activaero) split into separate companie.

  • 2007
    Foundation of Activaero America, Inc.

  • 2008
    Licensing agreement with Bayer HealthCare GmbH for the development of inhalation therapie.

  • 2009
    Close of a 10.7 million Euro Series A financing round extension and further development of the headquarters in Gemuenden.
    Construction of a separate branch for clinical research.

Product Development Milestones

  • 2002
    Market launch of the first AKITA® inhalation system.

  • 2006
    Marktet launch of the AKITA² inhalation system for clinical studies and pharma partnerin.

  • 2007
    USA market approval for AKITA² APIXNEBTM inhalation system and market launch of the Watchhaler spacer for children.

  • 2008  
    USA market approval for Watchhaler spacer.

  • 2009  
    Market launch of the AKITA® JET inhalation system and USA market approval for  the AKITA® JET inhalation system.

Corporate Awards

  • 2005
    Inamed ranks as one of the TOP 100 most innovative companies in Germany.

  • 2006
    AKITA2 APIXNEBTM inhalation system receives the reddot design award.

  • 2009
    Activaero wins under the category "Market and Customer" at the F.A.Z. Institute's STEP Awards and was finalist in the corporate "Hessen Champions" competition.

  • 2010
    Activaero wins in the corporate "Hessen Champions" competition