Archimedes Pharma Ltd, a speciality pharmaceutical company based in Reading has acquired Link Holdings Ltd. Link is a Sussex-based pharmaceuticals group focusing on sales and marketing of speciality pharmaceuticals with commercial operations in the UK, France and Germany. The company has forecast revenues of £16m for 2006.
Allßequitz backing for the heart pump developer also comes from Beteiligungsmanagement Thüringen
Deal is VC's sixth investment from its Deep-tech Fund
GP is currently investing via its Partech Entrepreneur Fund III and Paris Saclay Seed Fund
Fund targets European companies with expansion and growth plans in the Chinese market