BTG
Genetically Engineered Drugs
Startup Acquired Health Tech & Life Sciences Est. 1980 Acquired
Total Raised
$26.93M
Acquired
Last Round
$15M
4 rounds
Investors
1
1 public
Team
4
201-500 employees
Confidence
90/100
News
6
articles
About
Bio-Technology General Israel (BTG) is an integrated biopharmaceutical services company that develops and manufactures healthcare products derived from genetic engineering and biotechnology processes. BTGs Biolon, first introduced in 1993, is an injectable system containing 1% fermentation-derived sodium hyaluronate (NaHA) used as a viscoelastic aid in cataract and other ophthalmic surgeries. Euflexxa is a treatment to help relieve knee pain due to osteoarthritis (OA). It is used by thousands of people to help manage OA knee pain and stay active. Containing 1% fermentation-derived sodium hyaluronate, Euflexxa is intended for intra-articular injection into the knee. Developed in the 1980s, BTGs recombinant human growth hormone (somatropin for injection or hGH) first gained regulatory approval in 1988. It is identical to natural human growth hormone synthesized by the pituitary gland, and is used to treat Turner syndrome and growth hormone deficiency in children. BTG is a wholly owned subsidiary of Ferring Pharmaceuticals.
Classification
Sector
Health Tech & Life SciencesPharma & Medical BiotechnologyDrugs Discovery & Development
Core Technology
Biologicals
Target Customer
Healthcare & Life SciencesLife SciencesBiotechnologyPharmaceuticalsHealthcarePatients
Business Model
B2B2C
Tags
eye-diseasesophthalmologygenetic-engineeringosteoarthritisbiotechnologybiopharmaceuticalpatientspharma-companies
Funding & Events
May 2018
Undisclosed Round $15M
Ferring Pharmaceuticals
Jun 2015
Undisclosed Round $3.85M
Jan 2015
Undisclosed Round $4.01M
Jan 2005
Exit Undisclosed
Feb 2016
Undisclosed Round $4.07M
News (6)
Sep 11, 2023 · www.israelhayom.co.il
BTG's vision: The State of Israel is a world leader in biological GMP production
Jan 12, 2022 · www.themarker.com
growth-positive
With 40 years of experience in the field of drug development and production, a general biotechnology company - Ferring Pharmaceuticals helps start-up companies in the field of biotech to reach the stage of clinical trials - without leaving the borders of the country
PartnersExpand
Oct 1, 2019 · www.jpost.com
growth-positive
https://www.jpost.com/Jpost-Tech/Biotechnology-General-opens-production-line-to-boost-manufacturing-capacity-603348
InvestmentPartners
Aug 9, 2018 · www.timesofisrael.com
growth-positive
Biotech firm in Israel makes fertility waves with genetically modified hormone
Expand
May 23, 2018 · www.globes.co.il
growth-positive
Ferring invests $15m in Israeli unit Bio-Technology General
Investment
Jul 19, 2005 · www.ferring.com
https://www.ferring.com/en/media/press-releases/btg/
Details
Product Stage
Released
Employees
201-500
Exact Count
348
District
South District
Founded
1980
Registrar
510861370
Crunchbase
biotechnology-general
Locations
Be'er Tuvia, Israel
Links
Website
LinkedIn
Facebook
Admin
Last Update
Feb 16, 2025
Verified by
Natalia Golczar
Missing
video or image, markets, not claimed
Team (4)
Ron Asafrana
CFO
Efrat Horowitz Sivan
HR Director
Tal Levi
General Manager
Dror Peretz
Operational Excellence