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Merry Christmas and a Happy New Year!

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Novo Holdings invests €86m in 21st.BIO

Novo Holdings is set to invest €86m in 21st.BIO A/S – a new Danish bioindustrial scale-up company – to boost the production of proteins.

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Novartis AG snags Gyroscope for US$1.5bn

Ocular gene therapy specialist Gyroscope Therapeutics Holdings plc is to be acquired by Novartis AG for up to $1.5bn.

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NorthSea Therapeutics completes US$80m Series C financing

Dutch metabolic disease specialist NorthSea Therapeutics NV has baged US$80m in a Series C fundraising co-led by Ysios Capital and Forbion Growth.

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Depixus raises €30.6m in Series A financing

French-British magnetic trap specialist Depixus has raised €30,6m to develop a commercial instrument based on the company’s MAGNA™ technology.  

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Ichnos Sciences in licence deal with Almirall

Ichnos Sciences Inc. has licenced the gobal rights on its IL-1RAP antagonistic antibody ISB 880 to Almirall SA for the treatment of autoimmune disorders.

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Apogenix gets €25.8m cash injection for asunercept

German Apogenix AG has received a €26m in funding for a pivotal Phase III study of its CD95 ligand blocker asunercept for the treatment of COVID-19 patients.

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British Adendra Therapeutics closes $53m financing

The 2021 spin out of London-based Francis Crick Institute is the very first UK company formation deal of life sciences investor ATP (Apple Tree Partners). 

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