
Inveready and Caja Navarra invest in Neurotec Pharma
Inveready Seed Capital and Caja Navarra have acquired a 34% stake in pharmaceutical firm Neurotec Pharma.
The remaining equity is held by Neurotec’s founders and management team, including Marco Pugliese, Nicole Mahy and Manuel Rodríguez Allue, who control 60% of the business, as well as other business angels.
The capital increase, and agreement with biotech firm Advancell - established in December 2010 - and other investments received by Neurotec represents a total investment of €3.3m, which will enable the firm to finance a clinical trial of multiple sclerosis drug.
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