Alantra donates €305,000 to fund Covid-19 robots in Spain

Investment banking firm Alantra has announced a donation of €305,000 for the acquisition of two high-performance robots for the Spanish National Research Council that will be used for molecular diagnosis of Covid-19 virus.

Posted Friday, April 24th 2020
Alantra donates €305,000 to fund Covid-19 robots in Spain

Santiago Eguidazu and Rosa Menéndez

Part of the funding will also be used for the purchase of nine reactive kits that will facilitate an initial round of 10,000 tests.

This equipment will be housed at the Alberto Sols Biomedical Research Institute (IIBM-CSIC), part of the Spanish National Research Council (CSIC) and the Universidad Autonoma of Madrid.

The IIBM-CSIC is a center for Biomedical Research in Spain, and its laboratory has received approval from the Spanish Science and Innovation Ministry to conduct polymerase chain reaction (PCR) tests to detect COVID-19.

Using the resources provided by Alantra, the laboratory will be able to conduct almost 200 tests per hour and will become one of the largest non-hospital-based PCR diagnostic centers in Spain.

Santiago Eguidazu, executive chairman of Alantra, said: “I would like to thank all of our professionals, partners and board members who have contributed to the donation of these high-performance devices, which will significantly increase the ability of the IIBM-CSIC to conduct tests to detect COVID-19.”

He added: “The emergency we are facing is a collective challenge that requires that we all do our best to help the authorities. Alantra is working to seek additional funds to back other initiatives, both in the field of medical diagnosis and in scientific research.”

Rosa Menéndez, president of CSIC, said: “The donation announced by Alantra gives a decisive boost to the CSIC to carry out COVID-19 diagnostic tests in the genomics service of the Institute for Biomedical Research, when it is most needed to know the true scope of this pandemic. I want to convey my deepest and most sincere thanks for this support to all the professionals who have contributed to this initiative.”