May 17, 2020

Britain to launch world's first IVF lottery game

IVF
lottery
game
ticket
Admin
2 min
Britain's IVF lottery is a world's first
A controversial game is set to launch in Britain this month, which will see people buy an IVF lottery ticket in the hope of winning a baby. Hopefuls wi...

A controversial game is set to launch in Britain this month, which will see people buy an IVF lottery ticket in the hope of winning a baby.

Hopefuls will be able to buy a £20 lottery ticket online and will be entered into a monthly draw, the jackpot of which consists of £25,000 worth of personalised IVF treatments at a leading fertility clinic.  

The IVF lottery launches on July 30 and the game has approved by The Gambling Commission, who have granted a licence to fertility advice charity ‘To Hatch’ who is behind the scheme.

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However, the game has come under huge criticism from experts, who have questioned the ethics behind the idea.

There will be no restrictions on who can enter the lottery and couples, single, gay and elderly parties will all be able to take part.

The lucky monthly winners will even be able to pass the prize, which includes an overnight stay in luxury accommodation and a chauffeur service to and from the clinic, on to family and friends.

Meanwhile, the To Hatch charity will benefit from all the profits that are generated from the sale of the lottery tickets.

Critics have branded the IVF lottery as demeaning and Josephine Quintaville, from the group Comment on Reproductive Ethics, said: “This demeans the whole nature of human reproduction.”

She added: “Creation of human life should not be reduced to a public lottery. Instead of this, shouldn't more be spent on research into fertility problems?”

However, arguments for the lottery have said that it gives a lifeline of hope to thousands of couple who are unable to afford expensive IVF treatments.

If the winners find that the IVF treatments fail, they will be offered alternative options, such as using donor eggs, a surrogate birth or reproductive surgery.

Camille Strachan, founder of To Hatch, defended the lottery by saying: “We will offer struggling couples a completely tailor made service.

“We hope the To Hatch Lottery can ease the burden on the NHS and reduce the stress slightly on some of those who are struggling.”

If the IVF lottery is found to be successful, it could run every two weeks and tickets could eventually be available to buy in newspapers.

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Jun 22, 2021

Bachem turns 50 - a timeline

pharma
supplychain
peptides
medication
3 min
As Bachem turns 50, we take a look at the company's history

Bachem, a supplier to pharmaceutical and biotechnology companies worldwide, is celebrating its 50th anniversary this month. We take a look at the Swiss company's history.  

1971 - beginnings

Bachem is founded by entrepreneur Peter Grogg in Liestal, a small town near Basel in Switzerland. Grogg started the firm with just two employees, and with a focus on peptide synthesis - peptides are composed of amino acids that have a variety of functions treating health conditions such as cancer and diabetes. 

1977 - 1981 - early growth

Bachem moves its headquarters to the Swiss town of Bubendorf, with eight employees. In 1978 the company produces peptides for use in medicines for the first time. In 1981 production capacity triples and the workforce grows to 150. 

 1987 - 1996 - worldwide expansion

The company expands into the US with Bachem Bioscience, Inc. in Philadelphia. To strengthen its presence in Europe, Bachem opens sales and marketing centres in Germany in 1988. 

Further sales centres open in France in 1993. By 1995 the company employs 190 people. In 1996 it acquires the second largest manufacturer of peptides in the world and forms Bachem California with a site in Torrance. 

 1998 - 2003 - Bachem goes public

Bachem company goes public and lists shares on the Swiss Stock Exchange. Further acquisitions include Peninsula Laboratories, Inc, based in California, and  Sochinaz SA, a Swiss-based manufacturer of active pharmaceutical ingredients.  By 2001, the company has 500 employees and sales reach 141 million CHF.

In 2003 the organisation is given a new legal holding structure to support its continued growth, which remains in place to this day. 

2007 - 2013 - acquisitions

Bachem acquires a brand by Merck Biosciences for ready-to-use clinical trial materials and related services. 

In 2013, together with GlyTech, Inc. Bachem announces the development of a new amino acid that can help to treat multiple sclerosis, with a world market of more than $4 billion. 

In 2015 it acquires the American Peptide Company (APC), which becomes integrated into Bachem Americas. 

2016 - 2019 - a global leader

In 2016 the group opens a new building dedicated to R&D projects and small series production in Bubendorf. With a total of 1,022 employees, the workforce exceeds the 1,000 mark for the first time in the company’s history. Sales are over the 200 million mark for the first time at 236.5 million CHF.
Bachem expands into Asia with the establishment of a new company in Tokyo called Bachem Japan K.K. 

By 2019 Bachem has a growing oligonucleotide portfolio - these are DNA molecules used in genetic testing, research, and forensics. It is hoped this will become a significant product range in the future. 

2020 - COVID-19

Despite the COVID-19 pandemic, Bachem secures its supply of active ingredients, and even increases it in critical areas. Sales exceed the 400 million Swiss franc mark for the first time, and  272 new employees are hired.  

2021 - a milestone anniversary

Bachem celebrates its 50th anniversary and position as a global leader in the manufacture of peptides. While it  remains headquartered in Bubendorf, the company employs 1,500 people at six locations worldwide. In the next five years there are  plans to continue expanding. 

Commemorating the company's anniversary, Kuno Sommer, Chairman of the Board of Directors, said: "Bachem's exceptional success story from a small laboratory to a global market leader is closely linked to Peter Grogg's values, and has been shaped by innovation, consistent quality and cost awareness, as well as by entrepreneurial vision."

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