Life Sciences Partners backs Activaero
Venture Capital firm Life Sciences Partners has lead a series-A finance round for Activaero with €3.5m.
Existing investors BioMedPartners AG, VI Partners AG, Abalis Finance AG, Vesalius Biocapital I SICAR S.A., MedVenture Partners and existing shareholders contributed a further €1.5 in this round. The capital will be used to complete clinical development of its asthma programme and continue clinical developments using its controlled breathing inhalation devices.
Activaero is a developer of controlled breathing drug delivery technologies. The business is headquartered in Gemünden, Germany and also operates in Munich and Dublin, Ohio.
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