DenmarkDenmark

Danish firms attractive for investors

12.05.2006

Vaterløse/Hørsholm - Three Danish biopharmaceutical companies have attracted several million euros of investment which will allow them to further the clinical development of their drug candidates.
Hørsholm-based biopharmaceutical company Santaris Pharma A/S has raised Euro40 million through a private investment round made by an international syndicate of life sciences venture investors from the Netherlands, Germany, Switzerland, Denmark and France. The proceeds of the financing will be used to fund continued development of drug candidates based on Locked Nucleic Acid (LNA), an RNA antagonist to Bcl-2, currently in an international Phase I/II trial in patients with chronic lymphocytic leukaemia. The funds will enable the start of clinical studies with other RNA antagonists. The company expects to have a sufficient financial base until mid-2008. Furthermore, the company has announced a new MicroRNA cancer research collaboration with the University of Copenhagen, selected by the Danish Advanced Technology Foundation out of a total of more than 130 applications seeking support of Euro1.3 million.
7TM Pharma A/S, a spin-off from the University of Copenhagen, also has succeeded in raising private capital. The drug development company has closed a Euro19 million Series C financing round and, with this, the company will further develop two lead anti-obesity agents based on targeting 7TM receptors as well as to initiate other drug candidates emerging from this technology.
Vaterløse-based company Egalet A/S has raised a total amount of Euro23.5 million in a private placement led by Finish and Danish investors. The new capital shall help the company to boost clinical studies of their drug candidates targeting heart diseases and pain management.

DenmarkDenmark

07.03.2012

Bagsvaerd/Bangalore – Danish Novozymes A/S has begun a new collaboration with Indian Sea6 Energy. The companies will jointly develop enzymes to convert seaweed-based carbohydrates to sugar, which can then be fermented to produce...

DenmarkDenmark

06.03.2012

Prague/Turku/Copenhagen – Danish pharmaceutical company H. Lundbeck A/S yesterday unveiled clinical data on its potential blockbuster drug nalmefene at the 2012 European Congress of Psychiatry clinical in Prague. While Lundbeck...

DenmarkDenmark

05.03.2012

Copenhagen – With the in vitro proof of concept for an undisclosed antibody target, Genmab A/S has reached the second milestone in its collaboration with H. Lundbeck A/S. Genmab will now receive a €1m payment. Under the...

DenmarkDenmark

01.02.2012

Copenhagen/Bangalore – Biofuels need reliable sources of biomass. Novozymes now looks to the ocean to secure biomass. The Danish enzyme specialist announced an exploratory research agreement with Sea6 Energy from India. The...

DenmarkDenmark

02.01.2012

Copenhagen – Hellsinn Healthcare has successfully completed a phase Ib trial in Europe with Zealand Pharma’s GLP-2 (glucagone-like peptide 2) peptide antagonist Elsiglutide (ZP1846). The completion of the study, which was...

DenmarkDenmark

23.12.2011

Copenhagen - An alliance of giants will take a thorough look into biofuels for the maritime sector. The leading enzyme producer Novozymes will team up with parts of the Danish shipping industry, including the world’s largest...

DenmarkDenmark

17.12.2011

Copenhagen/Paris – Danish biopharma­ceuticals company Zealand Pharma A/S has received some positive news. Ever since French partner Sanofi Aventis submitted a marketing authorisation application for Lyxumia (lixisenatide) in...

DenmarkDenmark

07.11.2011

Copenhagen/Paris - The cooperation between Danish biopharmaceutical company Zealand Pharma and French drugmaker Sanofi has borne its first fruit. Sanofi has submitted a marketing authorisation application for Lyxumia...

DenmarkDenmark

01.10.2011

Copenhagen/Ingelheim – Danish HTS expert Nuevolution A/S has signed a license agreement with drugmaker Boeh­ringer Ingelheim (BI). The German pharma company will use Nuevolution’s proprietary Chemetics drug discovery technology...

DenmarkDenmark

25.08.2011

Bagsværd - Novo Nordisk is investing around €134m in a new corporate centre in the Copenhagen suburb Bagsværd. The new office premises will concentrate the top management and 1,100 administrative employees which are currently...

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