1996 Foundation as a joint venture between Boehringer Mannheim and Science Park Raf to provide cell therapy services

1999 Acquisition of Boehringer Mannheim by Roche, which then sells its equity stake to EDCP venture capital fund

2000 Evolution of business model: from service company to biopharmaceutical product company

2002 Acquisition and incorporation of Genera S.p.A., the research company of the San Raffaele Institute

2004 Entrance of  three major Italian private investors: Fininvest, Herule Finance (now H-Equity S.r.l.) and La Leonardo Finanziaria (now Delfin S. ŕ r.l.) as new shareholders, generating a capital increase of 20 million Euro

2006       Capital increase of 16 million Euro

2007       

Capital increase of 10 million Euro

2008 IPO of 25% of shares, resulting in 56 million Euro gross proceeds. Shares traded on the Milan Stock Exchange (MTA, standard segment) since March 5, 2008. Total outstanding shares: 105,207,808 (100% ordinary shares with no par value)

2010

Share capital increase (1 newly issued share for each outstanding share), resulting in 58 million Euro gross proceeds. Total outstanding shares: 210,415,616 (100% ordinary shares with no par value)