On Monday 27 April it was busy in the Catalyst hub on the TU / e campus. This day, Xeltis received a visit from outgoing State Secretary Mona Keijzer following the government's recent decision to provide funding to the RegMedXB partnership, of which Xeltis is one of the industrial partners. Mona Keijzer met on-site executives of the RegMedXB private-public partnership, which recently secured funding of up to € 56 million from the Dutch National Growth Fund to build an infrastructure of regenerative therapy facilities in the Netherlands.
Regenerative medicine aims to restore or even completely replace the function of failing tissues or organs to reduce or eliminate the need for lifelong treatment.
"Xeltis technology is an excellent example of how the ability to repair the heart valve and blood vessels can transform patients' treatment and their lives," said Eliane Schutte, CEO of Xeltis. "The substantial support from the Dutch government for the development of regenerative medicine is an exciting step forward," she added.
Today's WNL program paid attention to the visit on Tuesday 27 April. Mona Keijzer said that Eindhoven is a technical city with the greatest growth in the Netherlands, where many innovations come from. A nice compliment to the innovative companies in this region! Check the broadcast via the button.
In the Newspaper Eindhovens Dagblad we read that Mona Keijzer was impressed by the newly developed heart valve; "It is logical that millions from growth fund land in Eindhoven". Via the National Growth Fund, the Cabinet is investing 56 million euros in RegMed XB, a national consortium in regenerative technology. The universities of Leiden, Utrecht, Eindhoven and Maastricht are involved in this, as well as regional companies such as Xeltis.
Xeltis wants to scale up
The heart valves are a prototype that works. The next step is scaling up, so government funding is needed to build a factory that will boost production enormously. At the moment, a few thousand of these smart heart valves are being made every year, and that should be 100,000 by 2023.
If the government had not invested in ASML in the 1990s, the question is whether that company would have had the global position it has today.
Mona Keijzer, State Secretary for Economic Affairs and Climate
That is a difficult phase, so Keijzer wants to support the company. After all, successful technology companies sometimes also have a difficult start-up phase: “ASML is a wonderful example of this. When that threatened to go wrong in the nineties, the government took up a small part of it. If that had not happened then, the question is whether ASML would have had the global position it currently has. ”
RegMed XB is not alone: the entire Eindhoven region is profiting significantly from the investments of the government. Of the 4 billion that the cabinet is investing in the National Growth Fund, no less than 1.4 billion will go to projects in which the TU / e is involved. Keijzer says that is no coincidence: “Eindhoven is a region that is doing incredibly well. Economically, but also in terms of research and development. Here is the university, here is ASML. That a lot of money is spent here, that makes sense if you know the region. ”