Alentis Therapeutics is a clinical-stage biotech developing breakthrough treatments for organ fibrosis and Claudin-1 (CLDN1) positive tumors Funding to advance clinical development of two first-in-class anti-CLDN1 antibodies and the platform to engineer CLDN1 antibody drug conjugates (ADC) and bi-specific antibodies Series C led by Jeito Capital together with Novo Holdings and RA Capital Management Naveed […]
Melanie Senior’s article in Nature Portfolio on ‘Precision Financing’ highlights the rigour behind private biotech financing in 2023 where strong data and efficiency are essential. Two of our clients, Naveed Siddiqi of Novo Holdings and Antoine Papiernik from Sofinnova Partners were featured. Here are some key takeaways… Since the pandemic, the biotech industry has experienced […]
Copenhagen, Denmark – Novo Holdings today announced its financial results for 2022, with a negative -6% return on the Investment Portfolio and Total Income and Returns of DKK 3 billion (€0.4 billion). The positive Total Income and Returns of DKK 3 billion is driven by a strong performance by the Novo Group and resilience in the […]
On the 4 April 2023, Adcendo announced the extension of its Series A financing to ensure broad development of its first-in-class ADC pipeline. The financing was led by Pontifax Venture Capital with participation by existing investors Novo Holdings and Ysios Capital which together raised an additional EUR 31M taking its total funds to EUR 82M. The funding from the strong and committed syndicate of […]
Following Jeremy Hunt’s 2023 budget delivered earlier this month, in which he paved the way for faster access to new drugs and revealed R&D tax credits for life sciences companies, Bloomberg looked at the many challenges still facing the UK’s life sciences sector. Despite the success of the Oxford Covid-19 vaccine, the UK is still […]
