DenmarkDenmark

Egalet raises €14 million in series B

16.05.2007

Vaterløse – Biopharmaceutical company Egalet A/S has raised DKK107.7 million (EUR14 million) in a Series B financing led by the Danish investor Vækstfonden Life Science Ventures. All existing investors, Atlas Venture (Boston and London), Bio Fund (Finland), Dansk Kapitalanlæg (Denmark), Danske Bank (Denmark), Index Ventures (Jersey) and QueQuoin Holdings Ltd. (Jersey), also participated in the round.
Egalet, which is focused on the development of innovative orally administered products, will use the funds to expand and optimize its proprietary product portfolio. The last private placement dates back to March 2006 when the company has raised an amount of a23.5 million.
“The new money will allow us to expand the breadth of our clinical-stage pipeline with additional products, targeting the pain and cardiovascular markets and to develop them in-house until ready for market introduction”, said CEO Jan Quistgaard.

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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...

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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...

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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...

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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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