Pronota, formerly Peakadilly, is a biotech

Biotechnology

Biotechnology is a field of applied biology that involves the use of living organisms and bioprocesses in engineering, technology, medicine and other fields requiring bioproducts. Biotechnology also utilizes these products for manufacturing purpose...

 company located in Ghent

Ghent

Ghent is a city and a municipality located in the Flemish region of Belgium. It is the capital and biggest city of the East Flanders province. The city started as a settlement at the confluence of the Rivers Scheldt and Lys and in the Middle Ages became one of the largest and richest cities of...

, Belgium

Belgium

Belgium , officially the Kingdom of Belgium, is a federal state in Western Europe. It is a founding member of the European Union and hosts the EU's headquarters, and those of several other major international organisations such as NATO.Belgium is also a member of, or affiliated to, many...

. The company works on the development of molecular diagnostics for cancer

Cancer

Cancer , known medically as a malignant neoplasm, is a large group of different diseases, all involving unregulated cell growth. In cancer, cells divide and grow uncontrollably, forming malignant tumors, and invade nearby parts of the body. The cancer may also spread to more distant parts of the...

 and inflammatory diseases. This work should lead to improvements in personalized

Personalized medicine

Personalized medicine is a medical model emphasizing in general the customization of healthcare, with all decisions and practices being tailored to individual patients in whatever ways possible...

 and predictive

Predictive medicine

Predictive medicine is a rapidly emerging field of medicine that entails predicting disease and instituting preventive measures in order to either prevent the disease altogether or significantly decrease its impact upon the patient...

 medicine.

History

The company was founded in August 2004 with support from the Flanders Institute for Biotechnology (VIB). In addition the GIMV

GIMV

Gimv is a European investment company with experience in private equity and venture capital. The company is listed on Euronext Brussels. Gimv currently manages around EUR 2.0 billion of assets ....

 and the KBC Private Equity

KBC Bank

KBC Bank N.V. is a Belgian universal multi-channel bank, focusing on private clients and small and medium-sized enterprises. Besides retail banking, insurance and asset management activities , KBC is active in European debt capital markets, domestic cash equity markets and in the field of corporate...

fund invested in the company.