The 5 hottest private biotechs in South Africa

Biotechnology companies are sprouting in South Africa’s maturing life sciences industry. We’ve listed five private biotech companies that have turned heads in the last few years.

South Africa boasts the second biggest economy in Africa after Nigeria. While famous for its rich mineral wealth, South Africa’s economy has diversified widely in the past decades to include industries such as pharmaceuticals and biotechnology.

One of the biggest success stories for the South African biotech industry was Kapa Biosystems. The company was founded in 2006 to create DNA sequencing tools and was sold to Roche for $445 million in 2015.

Several incubators and funders are striving to build on South Africa’s biotech foundation such as BioVentures and OneBio Seed Investment Fund.

Here we list the top five biotech companies that have recently made headlines in South Africa’s biotech scene. These companies cover a range of healthcare and industrial biotech sectors, and have bagged funding rounds in the last few years.

Cape Town, South Africa.

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