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PPF Group is one of the largest investment groups in Central and Eastern Europe which invests in various industries, such as banking and financial services, telecommunications, real estate, mechanical engineering, biotechnology and insurance. PPF’s reach spans from Europe to across Asia and North America, owning assets worth over EUR 45 billion (as at 31 December 2018). For more information visit PPF Group.
SOTIO is leading the efforts of PPF Group to build a diverse biotechnology portfolio through its in-house SOTIO® research and development, collaborations with external partners, in-licensing deals, investments and acquisitions. For more information see the Business Development section.
As part of the PPF Group, SOTIO closely cooperates with its partners and drives pre-clinical and clinical development of the projects added to the SOTIO pipeline through external partnerships. The aim is to rapidly advance these projects to clinical trials and towards commercialization. To date, SOTIO has established partnerships with Cytune Pharma (France) regarding a novel interleukin-15 (IL-15) fusion protein program, NBE-Therapeutics (Switzerland) regarding a new Antibody-Drug Conjugate programs, and with Lead Discovery Center and Max Planck Innovation (Germany) regarding a first-in-class small molecule addressing an innovative tumor metabolism target. In addition to SOTIO, PPF also invested in Cytune Pharma, NBE-Therapeutics and Cellestia Biotech (Switzerland).