GERMANY - Novo Nordisk Biotech Fund brings total raised in Affimed to EUR 30m
Novo Nordisk Biotech Fund has committed EUR 5m to a second closing of a series-B funding round for Affimed Therapeutics AG, bringing the total raised at this stage to EUR 30m.
Affimed is a biopharmaceutical company based in Heidelberg, specialising in the development of recombinant antibodies - the fastest growing segment of the pharmaceutical industry. Affimed was founded in May 2000 by Professor Melvyn Little as a spin-off of his group Recombinant Antibodies at the German Cancer Research Centre in Heidelberg.
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