UPM Biochemicals establishes an innovation unit at the Biomedicum research and educational centre

Press Release 23.3.2016 10:00 EET

(UPM, Helsinki, 23 March 2016 at 10:00 EET) - UPM Biochemicals establishes an innovation unit at the Biomedicum research and educational centre in Meilahti, Helsinki. The unit will focus on biomedical applications for the cellulose nanofibril technology developed by UPM. At Biomedicum Helsinki, the UPM team will be working more closely with medical researchers and other operators in the field.

GrowDex®, UPM's first commercial product developed for biomedical purposes, is a cellulose nanofibril  hydrogel for 3D cell culture applications, such as pharmaceutical research and development. GrowDex® is highly biocompatible with human cells and tissues.

"Our Biofore strategy is based on the varied use of renewable wood biomass, combined with innovation, resource efficiency and responsibility. GrowDex® is a good example of the new wood-based materials that are being developed by UPM. Biomedical applications  is a new and exciting field for us. Our product is currently being used for cell culture in research and there are more than 100 researchers outside UPM working on it globally. GrowDex® has a number of potential uses in biomedical applications," says Juuso Konttinen, Vice President, UPM Biochemicals.

By engaging in various bioeconomy projects, UPM drives business development and innovation in collaboration with its partners, which include other industrial companies, start-ups, research institutes and other entities. "Our partners are important to us for the commercialisation of new technologies and the development of new innovations. Working in collaboration with our partners allows us to be faster, more agile and more efficient," Juuso Konttinen continues.

Biomedicum Helsinki is a leading environment that promotes medical research and training in Finland and supports cooperation between academia and industry. The centre provides working facilities for around 2,300 researchers, graduate students and support staff. It offers biomedical businesses modern facilities close to research organisations along with the special facilities and research services in the area. Successful cooperation has created a high-quality, international medical campus at Meilahti with an excellent basis for further development of operations and commercialisation of research results.

For further information please contact:
Juuso Konttinen, Vice President, UPM Biochemicals, tel. +358 40 531 7405

UPM, Media Relations
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UPM Biochemicals offers and develops innovative, sustainable and competitive wood-based biochemicals for a variety of uses. Our high-quality products are derived from renewable wood originating from sustainably managed and certified forests. www.upmbiochemicals.com

UPM
Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Paper Asia, UPM Paper Europe and North America and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,600 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - www.upm.com