Business article - August 22, 2020
New Nordic life science venture fund launched
Eir Ventures, a Nordic life science venture fund, has announced a first close of its new fund of EUR 76 million. With a base in the Nordic region and a team of experienced life science investors, Eir Ventures will invest in innovative companies with products and technologies addressing significant unmet medical need and a potential […]
Financing - August 20, 2020
Pilloxa receives 580k EUR from EU
The company has received 580k EUR in funding from the EU’s EUROSTARS program. Pilloxa is developing digital patient-centric solutions and will, together with the University of Oslo, now validate an innovation that supports the patient to take their medication as prescribed and further develop the solution to increase the quality and effectiveness of drug treatment […]
Financing - July 31, 2020
Exact Therapeutics raises 155 million NOK and lists on Oslo Stock Exchange’s Merkur Market
Exact Therapeutics announces that its shares have been admitted to trading on Oslo Stock Exchange’s Merkur Market under the ticker EXTX-ME with first day of trading 14 July 2020, following the successful completion of a NOK 155 million private placement. Following a bookbuilding period from 4 – 16 June 2020, the company has raised NOK […]
Financing - July 21, 2020
Gesynta raises SEK 190 million
Gesynta Pharma has successfully raised SEK 190 million in one of the largest private biotech placements of the year in the Nordics. The placement was led by European life science fund manager Hadean Ventures, joined by existing investor Industrifonden and private funds. “We believe mPGES-1 is an exciting, first-in-class target in systemic sclerosis and other […]
Financing - July 7, 2020
Lipigon attracts 16.6 million SEK in new investment round
Lipigon Pharmaceuticals has attracted SEK 16.6 Million in a new share issue that will help it get nearer to its goal of reducing the number of global deaths caused by cardiovascular disease. “We are extremely proud our new shares issue was oversubscribed, particularly during the ongoing Coronavirus pandemic when many investors are feeling more cautious. […]
Financing - June 25, 2020
Atrogi receives 1 million EUR Eurostars grant
Atrogi has been selected for a grant from Eurostars, an initiative of the European Commission that promotes research, and the intergovernmental innovation network EUREKA. The application was done in consortium with Stockholm University, Maastricht University, the Latvian Institute of Organic Synthesis and Excellerate Bioscience. The grant awarded is approx. 1 million EUR and will go […]
