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Ågerup supports new Uppsala company. Becomes a new co-owner of the UIC-company ModPro

Pressmeddelande   •   Feb 15, 2011 16:58 CET

Bengt Ågerup, the innovator and entrepreneur behind Q-Med takes place in ModPro’s board of directors and becomes a new partner in the exciting Uppsala company. ModPro is an expansive UIC-company developing a new type of chemically produced protein binders, mainly for drug development and diagnostic tests.

- We are delighted to attract Bengt Ågerup to our company and have him take place in our board. We are currently working hard to establish the company internationally and we see it as a strong endorsement of the potential and quality of the company that Bengt Ågerup chooses to invest in ModPro at this time. We are confident that his business expertise and extensive experience from the biotech industry will be an important asset to our board. Bengt Ågerup knows us well and sees the potential of the company. Q-Med has been one of ModPro’s largest customers for years, says Lars Baltzer, founder and CEO of ModPro. 

- It will be inspiring to follow ModPro and their exciting technology.  Their business strategy is well synchronized with the rapidly growing flow of products worldwide based on an increased understanding of the role of proteins in the living cell, says Bengt Ågerup.

ModPro has developed a unique binder technology for proteins, with applications in drug development, in-vitro diagnostics, medical imaging and industrial purification of proteins. Most important, ModPro develops a unique portfolio of pharmaceutical molecules based on the company’s proprietary binding technology. 

For more information: 
Per Bengtsson, CEO of UIC, +46 18 477 04 41, per.bengtsson@uic.se, www.uic.se 
Lars Baltzer, Managing Director ModPro +46 706 48 25 95, lars.baltzer@modpro.se, www.modpro.se 

FACTS 
ModPro is an expansive UIC-company developing a new type of chemically produced protein binder. The technology is applied in four different business areas: drug development, in-vitro diagnostics, medical imaging and industrial purification of proteins.

Uppsala Innovation Centre UIC is a business incubator for growth companies in the Uppsala region. UIC supports innovation-oriented companies and business ideas from all sectors of society. Incubator companies get access to a dynamic process of developing people, business and entrepreneurship. The incubator also provides financial assistance and access to commercial and technological networks. UIC is owned by Almi Företagspartner Uppsala AB, the Foundation for collaboration between the universities of Uppsala, industry and society (STUNS), SLU Holding AB and Uppsala University Holding Company AB. UIC is part of the National Incubator Program, IBIP, run by Innovationsbron.

Learn more about UIC at www.uic.se

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