LSP Dementia Fund closes at €260m

EQT Life Sciences has closed the LSP Dementia Fund at approximately €260m, 2.6-fold over the target fund size of €100m.

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Hot of the press: new issue of BIOTECH Insight

The latest issue of BIOTECH Insight newsletter of Deutsche Börse in collaboration with BIOCOM AG is out, covering hot topics of the German biotech sector.

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Algal enzyme synthesizes gasoline building blocks

An algal photoenzyme that synthesizes medium-chain hydrocarbons – the building blocks of gasoline – is set to boost industrial-scale production of biofuels.

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Macomics licences macrophage modulator to Ono

Edinburgh-based immuno-oncology expert Macomics Ltd has partnered with Ono Pharmaceutical to develop a macrophage-targeting antibody targetting cancer.

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mbiomics GmbH cashes in €13m in Series A financing

Munich-based microbiome therapeutics specialist mbiomics GmbH has raised €13m in the first closing of Series A round led by MIG Capital.

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500 experts at the 7th AMR Conference in Basel

How to stop hard-to-diagnose, treatment-resistant microbial pathogens was discussed by experts from 13 countries at the 7th AMR Conference in Basel.

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Vitestro raises €12m in Series A financing

With assets of €12m through a Series A financing, Dutch Vitestro NV aims to bring the world’s first autonomous blood drawing device to the market.

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European VCs join US$105m financing of US Mediar Thx

Mediar Therapeutics (Cambridge, MA, USA), a company developing a portfolio of first-in-class therapies to treat fibrosis, announces a US$105m financing including a US$85m Series A co-led by Novartis Venture Fund and Sofinnova Partners (France). The round is further joined by Pfizer Ventures, Mission BioCapital, Bristol-Myers Squibb, Eli Lilly, Ono Venture Investment, Mass General Brigham Ventures but also from more European VCs like by Gimv together with Pureos.

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Iktos SA raises €15.5m in Series A financing

Paris-based AI-inspired drug discovery specialist Iktos SA has closed a €15.5m financing to expand its  platform and kick-start the new CRO Iktos Robotics.

 

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