Novo Holdings participates in BioGeneration Ventures IV Fund

Novo Ventures, the ventures arm of Novo Holdings, today announces its participation in the BioGeneration Ventures (BGV) oversubscribed fourth fund, ‘BGV IV’, which has closed at EUR 140M ($170 million).

As one of the most active biotech investors in US and Europe, Novo Ventures’ investment strategy is to identify and invest in life science companies developing innovative products with the potential to significantly advance patient care. This investment in BGV IV Fund enhances Novo Ventures’ reach into BGV’s home market, the Benelux, which is fast becoming one of the leading and most productive life sciences regions in Europe.

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By Optimum

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