Receiving accolades boosts innovation, thanks to the broad offering and network provided by organisers to participants. The latest prizes bestowed onto Swiss startups include participation in acceleration programs.

ONWARD, formerly known as GTX Medical, announced the enrollment of the first patient in a pivotal trial in the U.S. evaluating its ARC Therapy. The pivotal trial, known as Up-LIFT, will assess the safety and effectiveness of ARC Therapy in restoring hand and arm function in people with spinal cord injury.

The French cosmetics giant L’Oréal has announced the global roll-out of the L’Oréal Water Saver, a sustainable haircare system for the salon and at-home beauty routine developed by Swiss startup, Gjosa. The system is now available in select L’Oréal salons in New York. Global rollout will start 2021.

Canadian investment company Routemaster Capital Inc. has entered into a binding Letter of Intent to acquire a 20% equity interest in Valour Structured Products, Inc. The deal values Valour at about CHF50 million.

Pro Helvetia has renewed the SwissGames Showcase mentorship programme enabling 11 new studios to join the program. The selected studios will receive tailored mentorship and access to their coaches’ network.