
ITALY - Finlombarda invests EUR 1m in biotech business
Finlombarda Gestioni has invested EUR 1m in TOP srl, a spinout of the University of Milan.
The business commercialises innovative transgenic products to facilitate and accelerate the development process of new drugs in the pharmaceutical industry and the detection of toxic compounds present in the environment or in the food chain. TOP srl was established at the end of 2006 by Professor Adriana Maggi and by Dr. Paolo Ciana of University of Milan, to operate in the field of transgenic research. Its approach is based on introducing a gene in the genome of animals (mice), which produces a protein that can be readily measured in the presence of the drug or toxic compound being studied. The effect of the drug or toxic compound can thus made readily visible inside the healthy, living animal using non-invasive imaging methods (the same methods used in human diagnostics, such as PET (Positron Emission Tomography), MRI (Magnetic Resonance Imaging and other methods).
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
Back to Top