Cutiss

From Research to Start-up: Fabienne Hartmann-Fritsch

Interview by Startupdate with Chief Clinical Officer Dr. Fabienne Hartmann-Fritsch – November 12, 2020

“Flexibility is always needed”

We hear far more about men in leadership positions than women, yet female entrepreneurs are just as capable as their male counterparts. That’s why we talked to Fabienne Hartmann-Fritsch, co-founder of CUTISS AG. In the interview, she tells us who she would like to meet for lunch, what she would do with a few extra hours a day, and whether she ever doubted her idea.

Do you find it difficult to delegate tasks to others?

FABIENNE HARTMANN-FRITSCH: From academic research, I was used to delegating. Leading a team, however, was a change. For me personally, however, the responsibility to the patients and the authorities weighs much heavier.

How do you set priorities?

FH: I am a very organized person, I work in the classic way with lists, and I like to check off things that have been done. But flexibility is always needed, for example when a new study patient arrives.

Did you ever doubt your idea?

FH: No, the medical need is clearly there worldwide. But the most challenging part is definitely the cost-efficient manufacturing.

What’s the best professional advice you’ve ever received?

FH: I find Caspar Coppetti’s “Get the sh*t done” wonderfully simple and applicable to us as well.

What would you do if the day had 30 hours instead of 24?

FH: I would volunteer at Zurich Zoo, that would be a great balance for me. As an Antarctic enthusiast, I would prefer to work with the penguins.

FH: Which entrepreneur would you like to meet for lunch?

FH: Cristina Mittermeier, the founder of SeaLegacy, advocates for the world’s oceans with her organization. I would love to chat with her about her challenges in building and running her organization.

What has been the best moment of your career so far?

FH: Seeing our skin on a patient for the first time was a moving moment.

What advice would you give yourself at this same time last year?

FH: To set our 2020 annual plan for a pandemic… but I certainly wouldn’t have taken that advice.

Thank you very much for the interview!

Before becoming an entrepreneur, Winterthur native Fabienne Hartmann-Fritsch spent a long time in academic circles. In 2013, she completed her doctorate at the University of Zurich in the “Tissue Biology Research” unit, the research group in which the basic research for her skin replacement product “denovoSkin” was done. Since 2017, she is co-founder and Chief Clinical Officer at CUTISS AG.

CUTISS AG is a Swiss life science company that aims to provide patients with large and deep skin defects with the first automated personalized skin tissue therapy, denovoSkin™, a safe, effective and accessible therapy for children and adults.

Contributed photo: Frank Brüderli

From Research to Start-up: Fabienne Hartmann-Fritsch Read More »

Logo CUTISS News final

Series B financing oversubscribed

CUTISS closes series B funding – Target of CHF 20 million oversubscribed

Zurich, Switzerland, June 29 2020 – CUTISS AG, an innovative Swiss Life Science Company aiming to provide patients that suffer from large and deep skin defects with an automatically produced, personalized skin tissue therapy, denovoSkin™, today announced it has successfully closed its series B financing round. The fundraising aiming at CHF 20 million was eventually oversubscribed.
The proceeds will allow CUTISS to further progress denovoSkin™, the Company’s unique personalized skin technology to treat skin defects, i.e. due to burns. Upcoming key inflection points include the completion of the ongoing clinical phase II trials, the scale-up of the manufacturing at the Biotechnopark in Zurich-Schlieren, and the successful implementation of a prototype machine for the automated production of large quantities of skin from a small piece of healthy skin. It is CUTISS’ ambition to file for market authorization with denovoSkin™ in Switzerland and in the European Union in 2022.
Dr. Daniela Marino, Chief Executive Officer and Co-Founder of CUTISS AG, commented: “We feel very lucky and privileged that we have closed an oversubscribed series B financing round. We will invest these proceeds circumspectly, aiming at improving burn patients’ lives.”
Giammaria Giuliani, Co-Founder of Gisev Family office and Member of the Board of Directors of CUTISS, added: “It has been an honor acting as lead investor for this series B financing round. The support by the Wyss Foundation as well as new and existing private investors and family offices demonstrates the potential many investors see in CUTISS’ vision and strategy.”

About CUTISS AG
CUTISS is a Swiss Life Science Company, spin-off of the University of Zurich, developing personalized skin graft technologies for the treatment of a large spectrum of skin defects. Its lead product candidate, denovoSkin™, has been tested in a phase I clinical trial on pediatric patients at the University Children’s Hospital in Zurich. Phase II studies are currently ongoing in Switzerland and the European Union and are partially funded by Wyss Zurich. denovoSkin™ has received Orphan Drug Designation for the treatment of burns by Swissmedic, EMA and FDA. In addition, denovoSkin™ aims to improve life quality of elective (reconstructive treatments) patients as well and it can further be developed in terms of complexity by adding pigmentation.

Contact
CUTISS AG, CEO Daniela Marino, +41 76 230 80 46, info@cutiss.swiss, www.cutiss.swiss

Series B financing oversubscribed Read More »

Logo CUTISS News final

Series B Financing Round successfully secured
with CHF 18.7 Mio.

CUTISS with successful series B financing round – funds raised so far sum-up to CHF 18.7 million

Zurich, Switzerland, June 4 2020 – CUTISS AG, an innovative Swiss Life Science Company aiming to provide patients that suffer from large and deep skin defects with an automatically produced, personalized skin tissue therapy, denovoSkin™, today announced it has successfully secured its series B financing round. Funds raised so far sum-up to CHF 18.7 million. The financing round was led by Giammaria Giuliani (Gisev Family Office), seconded by the Wyss Foundation and supported by new and existing private investors and family offices. The series B financing round aiming at up to CHF 20 million in total is still ongoing; its final closing is expected for June 15 2020.

The proceeds will allow CUTISS to further progress denovoSkin™, the Company’s unique personalized skin technology to treat skin defects, i.e. due to burns. Upcoming key inflection points include the completion of the ongoing clinical phase II trials, the scale-up of the manufacturing at the Biotechnopark in Zurich-Schlieren, and the successful implementation of a prototype machine for the automated production of large quantities of skin from a small piece of healthy skin. It is CUTISS’ ambition to file for market authorization with denovoSkin™ in Switzerland and in the European Union in 2022.

In 2018, CUTISS raised CHF 11.2 million in a series A financing round that included Business Angels and Family Offices as well as Giammaria Giuliani (Gisev Family Office), Yellowstone Holding, and the Zürcher Kantonalbank (ZKB). In addition, a total of CHF 4 million were granted by Innosuisse and the European Commission (non-dilutive).

Dr. Daniela Marino, Chief Executive Officer and Co-Founder of CUTISS AG, commented: “We are thrilled and honored about the great interest our series B financing round has received from both private and professional investors, especially on the backdrop of the current challenging times. We thank our existing shareholders for their continued support and our new investors for their commitment and trust.”

About CUTISS AG
CUTISS is a Swiss Life Science Company, spin-off of the University of Zurich, developing personalized skin graft technologies for the treatment of a large spectrum of skin defects. Its lead product candidate, denovoSkin™, has been tested in a phase I clinical trial on pediatric patients at the University Children’s Hospital in Zurich. Phase II studies are currently ongoing in Switzerland and the European Union and are partially funded by Wyss Zurich. denovoSkin™ has received Orphan Drug Designation for the treatment of burns by Swissmedic, EMA and FDA. In addition, denovoSkin™ aims to improve life quality of elective (reconstructive treatments) patients as well and it can further be developed in terms of complexity by adding pigmentation.

Contact
CUTISS AG, CEO Daniela Marino, +41 76 230 80 46, info@cutiss.swiss, www.cutiss.swiss

Series B Financing Round successfully secured
with CHF 18.7 Mio.
Read More »

Gérard Ber appointed as additional Board Member

CUTISS AG announces additional Member of the Board of Directors

Zurich, Switzerland, May 28 2020 – CUTISS AG, an innovative Swiss Life Science Company aiming to provide patients that suffer from large and deep skin defects with an automatically produced, personalized skin tissue therapy, denovoSkin™, today announced it has further enhanced its Board of Directors with Gerard Ber as newly elected, additional and independent Member of the Board.

At the recent Annual Shareholder Meeting 2020 of CUTISS, Dr. Gerard Ber was elected as additional and independent Member of the Board of the Company for a term of one year, thus further strengthening its Board of Directors. Gerard has been acting as Co-Founder, Chief Operating Officer and Member of the Board of Advanced Accelerator Applications, an innovative radiopharmaceutical Company based in France that was acquired by Novartis in 2018. Before, he held positions as Export Area Manager for Western Europe at OM Pharma Switzerland (Vifor Pharma) in Geneva and Director of Marketing and Commerce for CIS Bio International/ORIS in Paris. Today, Gerard is Life Science Entrepreneur and Member of the Board of Directors of, among others, Ymabs (New York). He studied Pharmacy at the University of Grenoble (France). Dr. Gerard Ber is a Swiss citizen.

Daniela Marino, CEO and Co-Founder of CUTISS AG, commented: “We are pleased and honored that Gerard Ber has accepted becoming an independent Member of our Board, thereby offering his valuable and broad know-how of the Life Science industry to our emerging Company.”

About CUTISS AG
CUTISS is a Swiss Life Science Company, spin-off of the University of Zurich, developing personalized skin graft technologies for the treatment of a large spectrum of skin defects. Its lead product candidate, denovoSkin™, has been tested in a phase I clinical trial on pediatric patients at the University Children’s Hospital in Zurich. Phase II studies are currently ongoing in Switzerland and the European Union and are partially funded by Wyss Zurich. denovoSkin™ has received Orphan Drug Designation for the treatment of burns by Swissmedic, EMA and FDA. In addition, denovoSkin™ aims to improve life quality of elective (reconstructive treatments) patients as well and it can further be developed in terms of complexity by adding pigmentation.

Contact
CUTISS AG, CEO Daniela Marino, +41 76 230 80 46, info@cutiss.swiss, www.cutiss.swiss

Gérard Ber appointed as additional Board Member Read More »

TEDx Zurich talk by CEO Daniela Marino

Watch our CEO Daniela Marino talk on stage for TEDx Zurich Women about how much mothers and managers have in common.

Female managers with children have the great chance to train at home how to be better managers and to train at work how to be better mothers. Managers that are also mothers are tired, yes, but not unfocussed, they do not underperform. They do not need to be discouraged or discriminated against. Instead they need full support because being mothers and managers makes them beautiful creatures that have much more to give to society, future generations and the industry. As a scientist, a young entrepreneur and a mother, Daniela’s mission is to foster healthy and sustainable growth of both her family and her business – she believes with creativity, sacrifice, and passion, marvelous things can be achieved. Despite wanting to be a researcher since she was 7 years old, her curiosity, determination and risk tolerance made her leave her scientific career to build a life science start-up, CUTISS AG, with the vision to bring personalized skin tissue therapy to help patients with skin defects. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx

TEDx Zurich talk by CEO Daniela Marino Read More »

Coffee with…Daniela Marino

Article in the Swiss Economy Magazine ‘Finanz und Wirtschaft’ (Saturday, 21 March 2020)

Daniela Marino likes her espresso macchiato hot and strong. The company she runs, Cutiss, is also in a hot phase. Due to time constraints, the CEO, who is originally from Italy, usually drinks her coffee at the office, which is located near the University of Zurich. That’s where Cutiss’ human skin production technology was originally developed.

Worldwide, at least fifty million people suffer from large-scale skin injuries every year. The standard treatment today is to take skin from a healthy part of the body and place it on the injured area so that it grows back and closes the wound. Thus, an additional injury is created, which can also leave its scars. This is where the Cutiss procedure is supposed to provide a step forward. Only a small skin biopsy needs to be taken. It is taken apart in the laboratory, the cells obtained from it are reproduced and then combined with a collagen hydrogel to form a new type of skin substitute. Cutiss is thus in a similar category to manufacturers of cell therapies, in which body cells are also removed, manipulated and reintroduced.

In a Phase I study, denovoSkin was successfully tested for safety in ten patients at the Children’s Hospital of the University of Zurich. Swissmedic, the EU’s Medicines Agency (EMA) and its US counterpart, the FDA, have granted denovoSkin orphan drug status. This would mean that the product would enjoy longer market protection and could also be approved more quickly.

First, however, Phase II studies are needed in which the laboratory-produced skin is tested not only for its safety but also for its efficacy. These studies are already underway in Switzerland and the Netherlands. They are expensive and are expected to last until 2022, so Marino is looking for additional funding worth CHF 30 million, she says, adding that some existing shareholders are willing to participate in the capital increase. “But we are also looking for new shareholders, and we especially need a long-term anchor investor who would contribute several million and support our vision,” Marino explains. The 38-year-old studied biotechnology in Milan and completed her doctorate at the ETH. As part of a post-doctorate at the University of Zurich, she then worked with the Tissue Biology Research team on the cultivation and production of personalized skin. After initial studies on humans turned out positive, it made sense in 2017 to found a start-up for further development.

The work in the lab is just the beginning. “The breakthrough for this technology will only come when we succeed in automating the manufacturing process,” Marino is convinced. Her company is thus entering the world of mechanical engineering. To this end, she has brought competent partners on board in the form of the engineering company Zühlke and the Centre Suisse d’Electronique et de Microtechnique.
Innosuisse is supporting the development with just under CHF 1 million. Cutiss has already raised a total of CHF 21 million, including CHF 3 million from the European Union and CHF 5 million from Wyss Zurich, the incubator of the University of Zurich and the ETH founded from a donation by Hansjörg Wyss. Cutiss thus moves between biotech, surgery and process automation. “That doesn’t make it any easier for us to find investors,” Marino admits. But she is confident that she will soon have the necessary funds together. This is despite the fact that the current situation surrounding the coronavirus is also causing investors to be cautious.
If the results of the Phase II trials are good, Cutiss could already submit a marketing authorization application for denovoSkin. The green light from regulators could follow about a year later. Primarily, burn victims would benefit. In addition, reconstructive surgery after other accidents or, for example, reconstructive surgery to remove a large mole would also be important. According to Cutiss’ estimates, this alone would represent a market (Europe and the USA) of CHF 2 billion.

In contrast to existing products, Cutiss’ skin is thicker, consists of the patient’s own cells and contains both a dermal and an epidermal skin layer, allowing it to attach better and wounds to heal better. This also leads to less scarring. This is a factor that should not be underestimated, because many patients suffer psychologically for the rest of their lives from disfigurement caused by their injuries and subsequent treatments.

The greatest challenge for Marino is the upcoming growth spurt of her company, which currently employs twenty people. The company’s own research and development center and a production facility are being built in the Biotechnopark in Schlieren. “We still need at least ten new employees,” says Marino. She has long since finished her espresso macchiato. She looks at her watch and says a friendly goodbye.

Text: Rupen Boyadjian

Coffee with…Daniela Marino Read More »

Her Start-up gets under your Skin
(Schweizer Illustrierte Magazine)

Article in the Swiss Magazine “Schweizer Illustrierte”, March 2020

She gives hope to burn victims: co-founder of Cutiss, Fabienne Hartmann-Fritsch grows personalized skin for patients with scars or burns. In particular, children will benefit.

A cup of hot tea can do terrible things to children. “Helping little patients with burn injuries motivated me to join the research team at the Children’s Hospital in Zurich eleven years ago,” says Fabienne Hartmann-Fritsch, 36. Today, the resident of Winterthur is Chief Clinical Officer of Cutiss, a company that develops personalized skin for burn victims.

At first glance, the pink slippery flap doesn’t look like that much. But the small square consists of living skin cells from a patient. Four weeks earlier, a piece of skin the size of a postage stamp was removed from a burn victim in the hospital using a kind of peeler.
Thereafter it was nourished with a kind of broth and attached back together with collagen. “This way we can enlarge the original piece of skin up to 100 times.”

According to biologist Hartmann-Fritsch, approximately 50 million people worldwide suffer severe skin damage from burns, disease or surgery – 30 percent of whom are children. “Although it is possible to transplant skin today, the results are not satisfactory.” The affected affected areas may well heal, but severe scarring often remains. “Because scars do not grow with the patient, children in particular suffer. They have to go to the hospital again and again, need a lot of care and psychological support.” Cutiss’ skin is different. A three-year-old child, for example, received the transplant, he said, and it has grown with him ever since.
Hartmann doesn’t have any children herself, but her co-founder and CEO, biotechnologist Daniela Marino, 38, does. When the two founded the startup Cutiss in 2017, she was heavily pregnant, and their second child was often present in meetings. “At first, we didn’t even notice that women founders were rare,” Hartmann-Fritsch says. It was only at startup conferences – Cutiss wins the Female Innovator of the Year Award, among others – that the two realized how underrepresented their gender is. Today, 50 percent of their 21-person team are women.

The goal of the two is to bring their product, which is currently being tested at the University Hospital, the Kispi and in Holland, to market in three years. For that, however, automation is needed. “It makes us proud that the research that started in Switzerland will probably soon help injured people worldwide.”

Text: Jessica Pfister
Photo (in article): Fred Merz
Photo (above): Geri Born

Her Start-up gets under your Skin
(Schweizer Illustrierte Magazine)
Read More »

UZH article “From Lab to Life”

Fabienne Hartmann-Fritsch still feels most at home in the lab, even though she now spends more time in front of her PC than inspecting Petri dishes. In 2017, the biologist founded the spin-off CUTISS together with four other UZH scientists. Once clinical trials are complete, the spin-off plans to roll out personalized skin tissue therapy on the market – in other words, customized human skin grown in the lab. During her doctoral studies at the University Children’s Hospital Zurich, Hartmann-Fritsch started specializing in planning and executing clinical research projects involving humans and dealing with the legal framework. The transition from pure research to (communications) management was an easy one for her. “It’s immensely gratifying to now be able to apply the results of years’ worth of lab work,” she says. The innovative product that is supposed to increase the quality of life of people suffering from skin defects is called denovoSkin. In the second trial phase, the researchers will now test the safety and effectiveness of the skin replacement in various clinics. For Hartmann-Fritsch, this means extensive talks with medics, sponsors and the authorities.

Text: Alice Werner
Picture: Frank Brüderlin

UZH article “From Lab to Life” Read More »

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