DenmarkDenmark

Nordic biotech gets Euro41.5m fund

26.11.2005

Copenhagen - Nordic Biotech Advisors ApS (“Nordic Biotech”) have closed their second biotech fund the Nordic biotech Venture Fund II K/S with a committed capital of Euro41.5 million. A second closing is foreseen to take place within 12 months, and is expected to increase the fund size to Euro75-90 million. The fund will primarily invest in European biotech companies with a focus on drug development. “We are tremendously pleased with the support that our current investors show us by their joining our second endeavour,” says Dr. Christian Hansen, partner and co-founder of Nordic Biotech. The investors include the European Investment Fund, Vaekstfonden, LD Pensions, W Capital Management AB and H.Lundbeck A/S.
The first fund initiated by Nordic Biotech has invested in a number of rapidly developing biotech companies with compounds in early-, mid- and late-stage clinical development, and retains significant ownership stakes in most of them. Its prior investments include for instance infectious disease company Lifecycle Pharma A/S (Denmark), allergy vaccine company CuraLogic A/S (Denmark), gastrointestinal company Gastrotech Pharma A/S (Denmark), cancer play Biotica Technology Ltd. (UK) as well as the Swedish company Global Genomics AB.

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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