Novo A/S invests in new fund focusing on industrial biotech

Novo A/S invests in new fund focusing on industrial biotech

Date
March 2, 2017

Novo A/S, the holding company in the Novo Group, has invested millions of euros in a new international fund: Sofinnova Industrial Biotech 1 (Sofinnova IB-1). The fund will invest in start-ups, venture, and corporate spin-out companies within industrial biotech in the United States and Europe.