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Wyss Geneva Steps Into Its Next Chapter

Business

Wyss Geneva Steps Into Its Next Chapter
Business

Business

Wyss Geneva Steps Into Its Next Chapter

2026-06-11 19:33 Last Updated At:19:50

GENEVA--(BUSINESS WIRE)--Jun 11, 2026--

The Wyss Center for Bio and Neuroengineering in Geneva is pleased to announce the appointment of Dr. Tracy Laabs as Director, effective July 1 st 2026. Dr. Laabs succeeds Prof. Dr. Erwin Böttinger, who leaves behind a fundamentally transformed organization: one that no longer just pursues breakthrough science but systematically turns it into ventures that reach patients.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260611328520/en/

Since joining the Wyss Center as Director in April 2023, Prof. Böttinger brought a bold vision: to evolve the Center from a portfolio of promising projects into a disciplined engine for venture creation. Under his leadership, the Center spun off six companies in two years (including ABILITY Neurotech SA and Clee Medical SA in 2025) while simultaneously building a robust pipeline of next-generation programs in AI-guided neuromodulation and minimally invasive neurotechnology. He forged deep partnerships across the Geneva ecosystem, with EPFL, the University of Geneva, the University Hospitals of Geneva, and the Canton of Geneva, culminating in the launch of the AI Hub in December 2025, a milestone that positions the Center at the heart of Geneva's brain health innovation future.

“Leading the Wyss Center has been one of the great privileges of my career. What we built together — the ventures, the partnerships, the people — reflects the remarkable talent and dedication of this entire team. I leave knowing the Center is in exceptional hands, and I look forward to watching what comes next.”
— Prof. Dr. Erwin Böttinger, outgoing Director, Wyss Center

Dr. Tracy Laabs is one of the Wyss Center’s founding figures. As Founding Deputy Director from 2015, and subsequently as Chief Development Officer and Head of Innovation and Strategic Partnerships, she has spent over a decade building the institution from the ground up — shaping its innovation pipeline, forging its key partnerships, and guiding its spin-off companies as a board observer. With a PhD in Clinical Neuroscience from the University of Cambridge and almost 20 years of experience spanning academia, DARPA-funded research, and translational neurotechnology, Dr. Laabs does not need to learn the Wyss Center’s culture. She has built and lived it.

“I am deeply honored to step into this role at such an exciting moment for the Center. Erwin leaves behind a transformed organization, more focused, more entrepreneurial, and more connected to clinical reality than ever before. Our pipeline is strong, our partnerships are thriving, and I am energized by what we will build together in the years ahead.”
— Dr. Tracy Laabs, incoming Director, Wyss Center

The Wyss Center enters this new chapter carrying the momentum of Erwin Böttinger's transformative tenure, and with a clear focus: accelerating innovation and therapeutic neurotechnology from research to patient impact. With a seasoned leader at the helm, a world-class team, and a growing portfolio of ventures and partnerships, the future of the Wyss Center has never looked brighter.

About the Wyss Center Geneva
The Wyss Center is an independent, non-profit research organization based at Campus Biotech in Geneva, Switzerland. Founded in 2014 through a generous gift from Swiss entrepreneur and philanthropist Hansjörg Wyss, it accelerates the translation of neurotechnology and bioengineering innovations into transformative therapies and clinical solutions. wysscenter.ch

Dr. Tracy Laabs, incoming Director, Wyss Center Geneva

Dr. Tracy Laabs, incoming Director, Wyss Center Geneva

LONDON--(BUSINESS WIRE)--Jun 11, 2026--

Netflix is forecast to reach nearly 400 million subscribers worldwide by the end of 2031, reinforcing its position as the world’s leading subscription streaming platform despite growing consolidation across the industry. New forecasts from Omdia presented at NEM Dubrovnik 2026 indicate that scale, profitability and audience reach will increasingly shape the next phase of streaming competition.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260611055849/en/

Omdia’s forecasts highlighted Netflix's continued expansion despite increasing merger and acquisition activity among competing companies. Omdia also forecasts that Netflix's monthly audience will exceed one billion viewers by 2027, underscoring the platform's global scale and reach.

"The streaming market is entering a new phase in which scale and sustainability are becoming increasingly important," said Maria Rua Aguete, Head of Media & Entertainment, Omdia. "Consolidation is likely to strengthen a number of competitors, but Netflix continues to benefit from a level of global reach and subscriber scale that remains difficult to replicate."

Omdia’s analysis indicates that strategic consolidation will play an important role in the next phase of streaming competition, as companies pursue greater scale and profitability. A potential combined HBO Max and Paramount+ service could attract approximately 175 million subscribers worldwide by 2031, positioning the merged entity among the world's five largest streaming platforms.

The proposed combination would also benefit from significant audience overlap. Omdia consumer research shows that 40% of Paramount+ subscribers would also subscribe to HBO Max, while 26% of HBO Max subscribers currently take Paramount+ subscriptions, suggesting opportunities for cross-promotion, bundling and customer retention.

While Netflix remains the leader in subscription streaming, YouTube continues to expand its influence across the broader video ecosystem. Omdia forecasts that YouTube will reach 2.7 billion monthly active users in 2026, maintaining a scale that exceeds any individual streaming service.

"Competition is no longer limited to streamer versus streamer," said Rua Aguete. "Netflix remains the dominant subscription streaming platform, while YouTube is becoming an influential force in television as it continues to attract audiences, creators and premium content."

Omdia expects the next growth phase in the steaming market to be shaped by continued consolidation, expansion of advertising-supported models, content bundling strategies, and intensifying competition for consumer attention across both subscription and ad-supported services.

ABOUT OMDIA

Omdia, part of TechTarget, Inc. d/b/a Informa TechTarget (Nasdaq: TTGT), is a technology research and advisory group. Our deep knowledge of tech markets grounded in real conversations with industry leaders and hundreds of thousands of data points, make our market intelligence our clients’ strategic advantage. From R&D to ROI, we identify the greatest opportunities and move the industry forward.

Top 10 pay TV and online video subscribers (million) 2025-2031

Top 10 pay TV and online video subscribers (million) 2025-2031

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