Without Earlybird’s investment, it is possible that the revolutionary medical technology developed by amaxa would never have made it to market, and crucial steps forward in medical research would not have been made.
Earlybird supported amaxa from the very start in 1998, providing much needed finance and commercial expertise, but also sticking by the company during the bad times. A failed product launch early on might have marked the end of a business without such supportive, knowledgeable investors. amaxa turned profit-making in 2004 and moved to the next phase of its development in 2008, under trade owner Lonza. The company now employs 160 and the deal returned 13x to Earlybird’s investors.
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