The growth of Mondobiotech will be in the former Capuchin Monastery in Stans

The Mondobiotech Group today announces that, at its meeting of 23 January 2008, the cantonal parliament of Nidwalden granted Mondobiotech the leasehold on the former Capuchin monastery in Stans for the next 60 years.

“We express our deepest gratitude to the government and the parliament of Nidwalden for the overwhelming approval of the leasehold”, says Fabio Cavalli, Chief Executive Officer of Mondobiotech. ”We are extremely pleased that Canton Nidwalden has embraced the spirit enshrined in the “Power of Collaborative Innovation” of the World Economic Forum 2008, in which Mondobiotech has been taking part as a Technology Pioneer. The former monastery in Stans will be a great help on future paths of research into new treatments for patients affected by rare diseases.
All further future plans will be presented at a round-table meeting with international guests on 16 April 2008. The venue, date and participants will be announced 4 weeks beforehand at www.mondobiotech.com.