Belgium hosts a dynamic biotechnology sector known for its innovative solutions in healthcare, agriculture, and environmental sustainability. Companies range from large biopharmaceutical firms to nimble startups focusing on diverse areas such as RNA therapeutics, antibody development, and drug manufacturing. With a strong research base and substantial investment in life sciences, Belgium’s biotech landscape is rapidly transforming, pushing boundaries in medicine. Noteworthy advancements in mRNA technology and personalized medicine highlight the sector’s forward momentum. As challenges such as antimicrobial resistance grow, local firms are stepping up to deliver cutting-edge therapies to address these pressing concerns.

The companies listed here vary significantly in size and specialization, from startups like etherna and Ziphius to established firms like Sanofi Belgium. Many are headquartered in regions rich in life sciences, including Flanders and Wallonia. Founded between 2001 and 2023, these firms focus on a wide range of biotechnological applications, including drug development, RNA therapeutics, and biomanufacturing. The mix of venture capital-backed companies and privately-held firms reflects an ecosystem driven by innovation and collaboration, making it crucial for addressing emerging health challenges in the market.

Continue reading for insights on top biotechnology companies in Belgium.

Top 25 Biotechnology Companies in Belgium

1. Sanofi Belgium

• Website: sanofi.be
• Ownership type: Private
• Headquarters: Machelen, Flanders, Belgium
• Employee distribution: Belgium 99%
• Founded year: 2004
• Headcount: 501-1000
• LinkedIn: sanofi-belgium

Sanofi Belgium, established in 2004, operates from Machelen, Flanders, and is part of the global Sanofi group, a prominent pharmaceutical company. With approximately 1,600 employees across four sites in Belgium, Sanofi Belgium covers the entire pharmaceutical value chain. This includes research and development, clinical studies, production of biological medicines, and the commercialization of these products. The Geel site is particularly noteworthy for its production of therapeutic proteins derived from cell cultures, while the Ghent site focuses on developing NANOBODY® technology, a novel class of therapeutic proteins. Sanofi Belgium is committed to improving health outcomes for patients with chronic and rare diseases, demonstrating a strong dedication to innovation and research in the biotechnology sector.

2. etherna

• Website: etherna.be
• Ownership type: Venture Capital
• Headquarters: Niel, Flanders, Belgium
• Employee distribution: Belgium 100%
• Latest funding: Series B, $38.9M, August 2022
• Founded year: 2013
• Headcount: 51-200
• LinkedIn: etherna-engineering-rna

etherna, founded in 2013 and based in Niel, Belgium, is a biotechnology company that specializes in RNA therapeutics and manufacturing services. The company provides critical support to pharmaceutical and biotech firms in developing and manufacturing nucleic acid-based therapeutics and vaccines. With a strong emphasis on innovative RNA technology, etherna collaborates with partners to enhance the efficacy and delivery of RNA products. Their proprietary platforms, particularly in customizable Lipid Nano Particles (cLNPs) and mRNA chemistry, allow them to tackle complex challenges in the field. In August 2022, etherna secured €39 million in Series B funding, which underscores their growth trajectory and commitment to advancing RNA medicine. The company’s mission is to drive discovery and solve challenges for their partners, enabling the delivery of cost-effective and efficacious RNA therapeutics.

3. Univercells

• Website: univercells.com
• Ownership type: Venture Capital
• Headquarters: Brussels, Brussels, Belgium
• Employee distribution: Belgium 86%, France 9%, United States (USA) 5%
• Latest funding: Series D, $43.3M, October 2022
• Founded year: 2013
• Headcount: 501-1000
• LinkedIn: univercells

Univercells, founded in 2013 and based in Brussels, Belgium, is a biotechnology company dedicated to revolutionizing the production of biotech drugs, including vaccines and therapeutics. The company specializes in innovative platforms that streamline drug development and manufacturing processes, primarily serving biotech and pharmaceutical firms. With a mission centered on enhancing accessibility and affordability in healthcare, Univercells collaborates with various stakeholders to achieve its goals. The company has garnered significant attention and support, evidenced by its recent Series D funding round, which raised over 43 million euros in October 2022. This funding underscores the confidence investors have in Univercells' potential to impact the biotech industry positively. Their ongoing projects include partnerships aimed at advancing personalized oncology treatments and enhancing vaccine production capabilities, particularly in underserved regions. Through its commitment to innovation and collaboration, Univercells is positioned to play a vital role in addressing critical healthcare challenges.

4. Bio-Sourcing

• Website: bio-sourcing.com
• Ownership type: Private
• Headquarters: Nandrin, Wallonia, Belgium
• Employee distribution: Belgium 100%
• Latest funding: $11.2M, September 2024
• Founded year: 2014
• Headcount: 11-50
• LinkedIn: bio---sourcing

Bio-Sourcing, founded in 2014 and based in Nandrin, Wallonia, Belgium, is a biopharmaceutical company dedicated to making biotherapeutics more accessible and sustainable. With a team of 23 employees, the company specializes in producing life-saving medicines using innovative technologies, particularly through the use of goat milk as a natural bioreactor. This method allows for the expression of proteins of interest, such as monoclonal antibodies, in a cost-effective and environmentally friendly manner. Bio-Sourcing collaborates with pharmaceutical companies and healthcare organizations, focusing on co-development and co-ownership of results to enhance the availability of essential medicines. The company has recently secured funding of approximately 11.2 million euros, indicating its active engagement in the biotechnology sector and its potential for future growth.

5. Ziphius

• Website: ziphius.org
• Ownership type: Private
• Headquarters: Ghent, Flanders, Belgium
• Employee distribution: Belgium 97%, France 3%
• Latest funding: Series A, $29.8M, May 2021
• Founded year: 2019
• Headcount: 11-50
• LinkedIn: ziphius-therapeutics

Ziphius is a biotechnology firm based in Ghent, Belgium, founded in 2019. The company specializes in the development of self-amplifying RNA (saRNA) vaccines and therapeutics, aiming to tackle pressing public health issues. Their innovative approach focuses on creating effective solutions for infectious diseases and rare genetic disorders. Ziphius has established a robust pipeline that includes programs targeting Chlamydia trachomatis and cystic fibrosis, among others. The company has also developed proprietary lipid nanoparticle technology to enhance the delivery of their saRNA products. In May 2021, Ziphius secured $29.76 million in Series A funding, which underscores their potential for growth and advancement in the biotechnology sector. With a dedicated team of professionals from various scientific backgrounds, Ziphius is committed to pushing the boundaries of medical innovation.

6. Quantoom Biosciences

• Website: quantoom.com
• Ownership type: Private
• Headquarters: Nivelles, Wallonia, Belgium
• Employee distribution: Belgium 86%, United States (USA) 6%, France 5%, Other 4%
• Latest funding: $40.0M, October 2023
• Founded year: 2021
• Headcount: 51-200
• LinkedIn: quantoom-biosciences

Quantoom Biosciences, based in Nivelles, Belgium, is a biotechnology firm that focuses on mRNA production and bioprocessing. Established in 2021, the company aims to enhance the development of vaccines and therapeutics through its advanced mRNA production systems and GMP formulation services. Quantoom's innovative Ntensify™ technology allows for scalable mRNA manufacturing, catering to various stages of drug development, from pre-clinical research to commercial production. The company has garnered attention for its strategic partnerships and collaborations, which further solidify its role in the biotechnology sector. In October 2023, Quantoom secured $40 million in funding, underscoring its growth potential and the increasing demand for its services in the pharmaceutical and biotechnology industries.

7. Confo Therapeutics

• Website: confotherapeutics.com
• Ownership type: Venture Capital
• Headquarters: Ghent, Flanders, Belgium
• Employee distribution: Belgium 100%
• Latest funding: Series B, $65.2M, July 2024
• Founded year: 2015
• Headcount: 51-200
• LinkedIn: confo-therapeutics

Confo Therapeutics, founded in 2015 and based in Ghent, Belgium, is a biopharmaceutical company that specializes in drug discovery and development. The company is particularly focused on G protein-coupled receptors (GPCRs), which are vital targets in the treatment of various diseases. Confo Therapeutics has developed proprietary technologies, such as ConfoBodies® and ConfoSensor®, which enhance the drug discovery process by stabilizing GPCRs in functional conformations. This innovative approach allows for the identification of previously inaccessible drug targets. The company has successfully raised significant funding, including a recent Series B round that brought in over €65 million, which will support their ongoing research and development efforts. Confo Therapeutics aims to build a pipeline of drug candidates that can transform therapeutic outcomes for patients suffering from severe illnesses that currently lack effective treatments.

8. CER Groupe

• Website: cergroupe.be
• Ownership type: Private
• Headquarters: Marche-En-Famenne, Wallonia, Belgium
• Employee distribution: Belgium 100%
• Founded year: 1984
• Headcount: 51-200
• LinkedIn: cer-groupe

CER Groupe, based in Marche-En-Famenne, Wallonia, Belgium, is a private biotechnology company founded in 1984. With a workforce of around 126 employees, the company specializes in providing a range of services that support the biotech, pharmaceutical, and agricultural sectors. Their offerings include bioproduction, non-clinical testing, and food safety services. CER Groupe is recognized for its high-quality research and development support, helping clients to innovate and bring new products to market. They operate within a regulated environment, adhering to ISO and GxP standards, which enhances their credibility in the industry. The company also collaborates with various partners, including universities and institutions, to advance research and development initiatives. Their facilities include state-of-the-art laboratories and animal facilities, enabling them to conduct comprehensive studies and testing. CER Groupe's involvement in the production of custom viral vectors and their expertise in immuno-monitoring highlight their commitment to advancing biotechnology applications, particularly in gene therapy and immunology.

9. Sartorius Xpress Biologics

• Website: xpress-biologics.com
• Ownership type: Corporate
• Headquarters: Herstal, Wallonia, Belgium
• Employee distribution: Belgium 100%
• Latest funding: December 2022
• Founded year: 2014
• Headcount: 11-50
• LinkedIn: xpress-biologics

Sartorius Xpress Biologics, founded in 2014 and based in Herstal, Belgium, is a biotechnology company that specializes in the production of biologics, such as recombinant proteins and plasmid DNA. The company offers a comprehensive range of services that include the development of production methods, pre-clinical and clinical services, and analytical tool development. Their expertise extends to managing clinical trials and ensuring adherence to regulatory standards, which is crucial for their clients in the biotech and pharmaceutical sectors. Xpress Biologics operates as a contract service organization, providing tailored solutions to meet the specific needs of their clients. Their facilities are equipped to handle various stages of biologics production, from research to clinical applications, making them a valuable partner in the drug development process.

10. Exothera

• Website: exothera.world
• Ownership type: Private
• Headquarters: Charleroi, Wallonia, Belgium
• Employee distribution: Belgium 96%, Other 4%
• Founded year: 2020
• Headcount: 201-500
• LinkedIn: exothera

Exothera is a biotechnology company based in Charleroi, Wallonia, Belgium, founded in 2020. The company operates as a contract development and manufacturing organization (CDMO), focusing on viral vectors and RNA therapeutics and vaccines. Exothera provides comprehensive manufacturing services that span from pre-clinical development to commercial-grade production, utilizing in-house technologies to enhance efficiency and quality. Their platforms, such as exoREADY for viral vectors and Ntensify for nucleic acids, are designed to streamline the production process, ensuring high yields and rapid turnaround times. Exothera's commitment to innovation is evident in their use of advanced bioprocessing techniques, which help clients navigate the complexities of drug development. With a workforce of around 146 employees, the company is primarily based in Belgium, with a small presence in the United States. Exothera's strategic focus on supporting biotechnology and pharmaceutical companies positions it as a key player in the ongoing evolution of the biotech industry.

11. SwiftPharma

• Website: swiftpharma.eu
• Ownership type: Private
• Headquarters: Ghent, Flanders, Belgium
• Employee distribution: Belgium 100%
• Founded year: 2021
• Headcount: 11-50
• LinkedIn: swiftpharma

SwiftPharma BV, founded in 2021 and based in Ghent, Belgium, is a biotechnology company dedicated to the development of plant-made therapeutic proteins. The company specializes in creating innovative, animal-free solutions aimed at enhancing healthcare and agricultural practices. SwiftPharma's offerings include a variety of products such as vaccines, antibodies, and custom proteins, catering to businesses and organizations that seek advanced biotechnological solutions. Their proprietary technologies, including ODIN.AI for antibody discovery and HYPERXPRESS for protein production, highlight their commitment to scientific excellence and efficiency. SwiftPharma is actively engaged in research and development, focusing on unmet needs across multiple industries, including immunology and regenerative medicine. The company promotes sustainability by utilizing plants as mini bioreactors, which not only reduces reliance on animal sources but also addresses the growing demand for eco-friendly production methods.

12. remynd

• Website: remynd.com
• Ownership type: Venture Capital
• Headquarters: Leuven, Flanders, Belgium
• Employee distribution: Belgium 100%
• Latest funding: Series B, $14.6M, January 2021
• Founded year: 2002
• Headcount: 11-50
• LinkedIn: remynd-nv

reMYND is a biotechnology firm based in Leuven, Belgium, established in 2002. The company specializes in developing treatments for Alzheimer's and Huntington's diseases, utilizing a proprietary drug discovery platform that aims to identify first-in-class therapies. Their lead program, ReS19-T, is currently in clinical trials, demonstrating strong safety and efficacy in early phases. In addition to their therapeutic development efforts, reMYND operates a Contract Research Organization (CRO) that provides services to pharmaceutical companies, helping them assess the effects of experimental treatments in proprietary animal models. The company has attracted substantial funding, with a recent Series B round raising approximately €24 million, underscoring its potential and relevance in the biotechnology sector.

13. MRM Health

• Website: mrmhealth.com
• Ownership type: Venture Capital
• Headquarters: Ghent, Flanders, Belgium
• Employee distribution: Belgium 86%, United States (USA) 10%, Ireland 5%
• Latest funding: March 2023
• Founded year: 2020
• Headcount: 11-50
• LinkedIn: mrmhealth

MRM Health, based in Ghent, Belgium, is a biotechnology company founded in 2020 that specializes in microbiome therapeutics. The company is dedicated to developing innovative treatments that leverage the gut microbiome's potential to address various health issues, including inflammatory bowel diseases, CNS disorders, and metabolic diseases. Their proprietary CORAL® platform is central to their operations, enabling the design and manufacturing of optimized consortia of live bacteria. This technology aims to overcome existing challenges in microbiome product development, offering a streamlined approach to creating effective therapeutics. MRM Health is currently engaged in clinical programs, having completed trials for Ulcerative Colitis and actively pursuing studies in Pouchitis. Their strategic partnerships with prominent research institutions and industry players further enhance their capabilities in microbiome research and development.

14. ExeVir

• Website: exevir.com
• Ownership type: Venture Capital
• Headquarters: Ghent, Flanders, Belgium
• Employee distribution: Belgium 100%
• Latest funding: Other (Grant), $1.7M, June 2023
• Founded year: 2020
• Headcount: 1-10
• LinkedIn: exevir

ExeVir is a biotechnology firm based in Ghent, Belgium, founded in 2020. The company specializes in the development of innovative antibody therapies aimed at combating infectious diseases. With a focus on vulnerable populations, particularly immunocompromised patients, ExeVir addresses unmet medical needs through its unique modular platform technology. This technology leverages camelid antibody fragments (VHH) to create stable and cost-effective therapeutic compounds. ExeVir is currently in the clinical stage, actively advancing its pipeline of therapies that target significant health threats, including COVID-19 and dengue. The company has received funding, including a grant of approximately €1.75 million in June 2023, which supports its ongoing research and development efforts. ExeVir's commitment to improving patient outcomes through innovative solutions underscores its relevance in the biotechnology sector.

15. Antleron

• Website: antleron.com
• Ownership type: Private
• Headquarters: Leuven, Flanders, Belgium
• Employee distribution: Belgium 100%
• Founded year: 2014
• Headcount: 11-50
• LinkedIn: antleron

Antleron, founded in 2014 and based in Leuven, Belgium, is a biotechnology company dedicated to advancing therapies and regenerative medicine. With a team of 27 specialists, Antleron provides innovative solutions to biomedical organizations, focusing on personalized therapies that enhance patient care. Their offerings include Cell by Design, a platform that streamlines the development of Advanced Therapy Medicinal Products (ATMPs), and BioScout, which facilitates the screening of biomaterials and medical devices. Antleron collaborates with various partners, including academic institutions and industry leaders, to drive the engineering of innovative bioprocesses. Their mission is to fast-track the transition of lab innovations to patient applications, thereby improving healthcare outcomes.

16. Unizima

• Website: unizima.com
• Ownership type: Private
• Headquarters: Charleroi, Wallonia, Belgium
• Employee distribution: Belgium 71%, United Kingdom (UK) 10%, Senegal 10%, Other 10%
• Founded year: 2020
• Headcount: 51-200
• LinkedIn: unizima

Unizima, founded in 2020 and based in Charleroi, Belgium, is a consulting firm that specializes in biomanufacturing advisory services. As part of the Univercells Group, Unizima plays a crucial role in addressing the global demand for bioproduction. The company provides a range of services, including market analysis, facility design, and workforce training, specifically targeting the production of biologics such as vaccines, monoclonal antibodies, and insulins. Their focus is on enhancing biomanufacturing capabilities in emerging markets, where they work closely with biopharma manufacturers, governments, and global health organizations. Unizima's projects include collaborations with institutions like the Institut Pasteur de Dakar and initiatives aimed at developing affordable monoclonal antibodies in Latin America and Africa. Their commitment to overcoming bioproduction skills shortages and promoting sustainable manufacturing solutions underscores their relevance in the biotechnology sector.

17. EPICS Therapeutics

• Website: epicstherapeutics.com
• Ownership type: Venture Capital
• Headquarters: Charleroi, Wallonia, Belgium
• Employee distribution: Belgium 93%, Germany 7%
• Latest funding: Seed, $8.4M, May 2018
• Founded year: 2018
• Headcount: 11-50
• LinkedIn: epics-therapeutics

EPICS Therapeutics is a biotechnology firm based in Charleroi, Wallonia, Belgium, founded in 2018. The company specializes in developing RNA-based therapeutics aimed at treating various cancers. Their primary focus is on innovative drug discovery, particularly through targeting RNA epigenetics, which addresses significant unmet medical needs in oncology. EPICS Therapeutics has a promising pipeline, with their lead program centered on a METTL3 inhibitor, which has shown strong efficacy in preclinical models for acute myeloid leukemia and other solid tumors. The company operates with a small team of 11-50 employees and has received seed funding amounting to approximately €8.4 million. Their strategic partnerships and ongoing clinical studies further solidify their position in the biotechnology industry.

18. AstriVax Therapeutics

• Website: astrivax.com
• Ownership type: Private Equity
• Headquarters: Leuven, Flanders, Belgium
• Employee distribution: Belgium 100%
• Latest funding: Other (Grant), $3.2M, December 2023
• Founded year: 2022
• Headcount: 11-50
• LinkedIn: astrivax

AstriVax Therapeutics, based in Leuven, Belgium, is a biopharmaceutical company that specializes in the development of DNA-based vaccines aimed at combating infectious diseases. Founded in 2022, the company is committed to addressing significant public health challenges through innovative vaccine solutions. AstriVax's technology platform, known as the Plasmid-Launched Live Attenuated Virus (PLLAV), is designed to produce vaccines that are not only effective but also thermostable, which is crucial for distribution in various environments. The company is currently focused on developing vaccines for diseases such as Hepatitis B and Human Papilloma virus, with a pipeline that includes both prophylactic and therapeutic options. In December 2023, AstriVax secured a grant of approximately €3.2 million, which will support its ongoing research and development efforts. The leadership team boasts extensive experience in the life sciences and vaccine development, further solidifying the company's position in the biotechnology sector.

19. Agomab

• Website: agomab.com
• Ownership type: Venture Capital
• Headquarters: Antwerp, Flanders, Belgium
• Employee distribution: Belgium 97%, Netherlands 3%
• Latest funding: Series D, $88.7M, October 2024
• Founded year: 2017
• Headcount: 51-200
• LinkedIn: agomab-therapeutics

Agomab Therapeutics, based in Antwerp, Belgium, is a biotechnology firm established in 2017. The company is dedicated to developing innovative therapies aimed at treating fibrotic diseases, which are conditions characterized by excessive connective tissue formation that can lead to organ dysfunction. Agomab's research is centered on growth factor biology, focusing on two key signaling pathways: transforming growth factor beta (TGFβ) and hepatocyte growth factor (HGF). Their clinical pipeline includes several promising candidates, such as AGMB-129, AGMB-447, and AGMB-101-102, which are designed to modulate these pathways and restore organ function. Agomab has recently raised approximately 88.7 million euros in a Series D funding round, underscoring investor confidence in their approach and potential. The company is actively engaged in clinical trials, including a Phase 1 study for AGMB-447 and a Phase 2a study for AGMB-129, demonstrating their commitment to bringing new treatments to market.

20. Vils

• Website: vils.be
• Ownership type: Private
• Headquarters: Mechelen, Flanders, Belgium
• Employee distribution: Belgium 100%
• Founded year: 2014
• Headcount: 11-50
• LinkedIn: vils

Vils, founded in 2014 and based in Mechelen, Belgium, is an engineering firm that specializes in process-driven design and project management tailored for the biotechnology and pharmaceutical industries. With a team of around 33 employees, Vils focuses on assisting clients in the development and construction of facilities specifically for cell and gene therapies, as well as cellular agriculture. Their approach emphasizes the importance of the process over the facility itself, ensuring that innovative ideas transition from the lab to market efficiently. Vils has worked with notable clients, including Univercells and Mosa Meat, to design and construct state-of-the-art facilities that support groundbreaking research and product development. Their expertise spans project management, process architecture, and engineering, making them a key player in the biotechnology sector.

21. Complix N.V.

• Website: complix.com
• Ownership type: Private Equity
• Headquarters: Diepenbeek, Flanders, Belgium
• Latest funding: Other (Grant), $1.4M, September 2020
• Founded year: 2008
• Headcount: 1-10
• LinkedIn: complix-n.v.

Complix N.V. is a biopharmaceutical company based in Diepenbeek, Belgium, founded in 2008. The company specializes in the development of innovative therapeutics, particularly through its unique Cell Penetrating Alphabody (CPAB) technology. This technology allows for the targeting of intracellular disease mechanisms, which are often considered 'undruggable' by conventional therapies. Complix is focused on addressing significant medical needs in cancer, autoimmunity, and viral diseases. The company has a pipeline of product candidates and has engaged in partnerships to enhance its drug development efforts. Notably, Complix has received funding, including a grant of approximately €1.4 million in 2020, to support its research and development initiatives. This financial backing underscores the potential of its therapeutic approaches and its commitment to bringing new treatments to market.

22. Vésale Bioscience

• Website: phage.health
• Ownership type: Private
• Headquarters: Ottignies-Louvain-La-Neuve, Wallonia, Belgium
• Employee distribution: Belgium 100%
• Founded year: 2018
• Headcount: 11-50
• LinkedIn: v%c3%a9sale-bioscience

Vésale Bioscience, established in 2018 and based in Ottignies-Louvain-La-Neuve, Belgium, is a biotechnology firm dedicated to developing personalized phage-based therapies aimed at combating multi-resistant bacterial infections. The company is at the forefront of addressing antimicrobial resistance (AMR), a growing public health crisis that claims millions of lives annually. Vésale's innovative approach involves a rapid, tailored treatment platform that can deliver specific phage therapies within 24 hours, significantly improving patient outcomes. Their phage library targets various multi-resistant strains prevalent in Western Europe, and they have established strategic partnerships with hospitals and research institutions to enhance their R&D efforts. In 2023, Vésale Bioscience received €1.8 million from the European Innovation Council to support its PhageDiag project, underscoring its commitment to advancing phage therapy solutions. The company is actively seeking commercial partnerships to expand its reach and impact in the healthcare sector.

23. invoX

• Website: invoxpharma.com
• Ownership type: Private
• Headquarters: Diepenbeek, Flanders, Belgium
• Employee distribution: United Kingdom (UK) 72%, Belgium 20%, United States (USA) 6%, Other 2%
• Founded year: 2021
• Headcount: 51-200
• LinkedIn: invox-pharma

invoX Pharma is a biopharmaceutical company based in Diepenbeek, Belgium, with a focus on developing innovative medicines for oncology and respiratory diseases. Founded in 2021, the company employs around 86 people and operates primarily in the UK, Belgium, and the USA. invoX utilizes next-generation technology platforms to create therapies that aim to meet the unmet medical needs of patients. Their research and development efforts are concentrated in two main areas: oncology, where they develop novel immuno-oncology therapies, and respiratory diseases, where they focus on drug-device combination products. The company has a pipeline of clinical and pre-clinical drug candidates, indicating a proactive approach to drug development. invoX also emphasizes partnerships to leverage scientific innovation, further solidifying its role in the biotechnology sector.

24. convEyXO

• Website: conveyxo.com
• Ownership type: Venture Capital
• Headquarters: Charleroi, Wallonia, Belgium
• Employee distribution: Belgium 100%
• Latest funding: Seed, $1.1M, November 2023
• Founded year: 2019
• Headcount: 1-10
• LinkedIn: conveyxo

ConvEyXO, founded in 2019 and based in Charleroi, Wallonia, Belgium, is a biotechnology company dedicated to developing exosome-based therapies. The company aims to address chronic inflammatory disorders and age-related diseases through innovative manufacturing techniques and therapeutic innovations. Their focus on exosomes, which are small extracellular vesicles with significant therapeutic potential, highlights their commitment to advancing health outcomes. ConvEyXO has established a robust intellectual property portfolio and is actively involved in research and development, with a pipeline that includes treatments for conditions such as osteoarthritis, oncology, heart failure, and neurodegenerative diseases. The company recently secured seed funding of over 1 million euros in November 2023, reflecting investor confidence in their approach and potential for future growth. Their technology platforms, Exo-Harvest and XomeXBio, are designed to enhance the production and loading of therapeutic exosomes, further solidifying their position in the biotechnology industry.

25. Ablynx

• Website: ablynx.com
• Ownership type: Corporate
• Headquarters: Ghent, Flanders, Belgium
• Employee distribution: Belgium 100%
• Latest funding: $4.8B, January 2018
• Founded year: 2001
• Headcount: 201-500
• LinkedIn: ablynx

Ablynx, founded in 2001 and headquartered in Ghent, Belgium, is a biotechnology company that specializes in the discovery and development of nanobodies. These small, single-domain antibodies are derived from llamas and offer unique advantages in therapeutic applications, including enhanced stability and specificity. Ablynx has focused its research on various therapeutic areas, particularly immunology and oncology, and has developed a promising pipeline of products aimed at addressing unmet medical needs. The company has successfully partnered with larger pharmaceutical firms to advance its drug candidates, showcasing its commitment to innovation and collaboration in the biotechnology field. As of its last funding round in January 2018, Ablynx raised significant capital, further supporting its research initiatives and operational growth.

Biotechnology Insights: Key Companies in Belgium

Company	Headquarter	Size	Founded	Ownership
Sanofi Belgium	Machelen, Flanders, Belgium	501-1000	2004	Private
etherna	Niel, Flanders, Belgium	51-200	2013	Venture Capital
Univercells	Brussels, Brussels, Belgium	501-1000	2013	Venture Capital
Bio-Sourcing	Nandrin, Wallonia, Belgium	11-50	2014	Private
Ziphius	Ghent, Flanders, Belgium	11-50	2019	Private
Quantoom Biosciences	Nivelles, Wallonia, Belgium	51-200	2021	Private
Confo Therapeutics	Ghent, Flanders, Belgium	51-200	2015	Venture Capital
CER Groupe	Marche-En-Famenne, Wallonia, Belgium	51-200	1984	Private
Sartorius Xpress Biologics	Herstal, Wallonia, Belgium	11-50	2014	Corporate
Exothera	Charleroi, Wallonia, Belgium	201-500	2020	Private
SwiftPharma	Ghent, Flanders, Belgium	11-50	2021	Private
remynd	Leuven, Flanders, Belgium	11-50	2002	Venture Capital
MRM Health	Ghent, Flanders, Belgium	11-50	2020	Venture Capital
ExeVir	Ghent, Flanders, Belgium	1-10	2020	Venture Capital
Antleron	Leuven, Flanders, Belgium	11-50	2014	Private
Unizima	Charleroi, Wallonia, Belgium	51-200	2020	Private
EPICS Therapeutics	Charleroi, Wallonia, Belgium	11-50	2018	Venture Capital
AstriVax Therapeutics	Leuven, Flanders, Belgium	11-50	2022	Private Equity
Agomab	Antwerp, Flanders, Belgium	51-200	2017	Venture Capital
Vils	Mechelen, Flanders, Belgium	11-50	2014	Private
Complix N.V.	Diepenbeek, Flanders, Belgium	1-10	2008	Private Equity
Vésale Bioscience	Ottignies-Louvain-La-Neuve, Wallonia, Belgium	11-50	2018	Private
invoX	Diepenbeek, Flanders, Belgium	51-200	2021	Private
convEyXO	Charleroi, Wallonia, Belgium	1-10	2019	Venture Capital
Ablynx	Ghent, Flanders, Belgium	201-500	2001	Corporate

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