Sarsia Seed et al. pump NOK 5.5m into Vaccibody
Norwegian pharmaceutical firm Vaccibody has received NOK 5.5m in funding from existing investors including Sarsia Seed.
Sarsia Seed invested NOK 2.5m in the share issue.
The funding will be used to aid the development of VB10.16, a therapeutic vaccine against cervical cancer. Vaccibody will undertake safety and toxicity studies around the early stages of cervical cancer caused by HPV.
Company
Vaccibody was founded in 2007 as a spin-off from the University of Oslo and Oslo University Hospital.
People
Ole Henrik Brekka is CEO of Vaccibody.
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