
Primer Capital et al. in €1.7m round for Acticor Biotech
Primer Capital and former backers have invested €1.7m in French biotechnology company Acticor Biotech.
Primer Capital investment partner Timur Avdeenko has been appointed as an observer on the Acticor Biotech board.
Previous backers Anaxago and CapDecisif Management, as well as private investors, also committed to the round.
The investment follows the recent grant of €2.2m received by Acticor from the Concours Mondial de l'Innovation. The funding will allow Acticor to prepare for its first clinical phase-II trial for its lead candidate.
Company
Acticor Biotech is a biopharmaceutical company founded in 2013 as a spin-off from Inserm. The clinical-stage biotechnology company is involved in the acute phase of thrombotic diseases, including stroke and other thrombosis disorders like pulmonary embolism. Acticor is headquartered in Paris.
People
Primer Capital – Elizaveta Rozhdestvenskaya (COO).
Acticor Biotech – Gilles Avenard (president).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater