.
MergerLinks Header Logo

New Deal


Announced

Completed

Novo Holdings and HBM Partners led a $110m Series C round in Numab Therapeutics.

Financials

Edit Data
Transaction Value£78m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Acquisition

Cross Border

Minority

clinical stage biotechnology

Private

Completed

Switzerland

Biotechnology

Private Equity

Friendly

Venture Capital

Single Bidder

Synopsis

Edit

Investment firms Novo Holdings and HBM Partners led a $110m Series C round in Numab Therapeutics, a clinical stage biopharmaceutical company developing next-generation multispecific antibody-based immunotherapies for cancer and inflammation, with participation from Forbion, Cormorant Asset Management, BVF Partners, RTW Investments, BlackRock and Octagon Capital Advisors. "Backing companies built on clearly differentiated science in areas of major unmet medical need is at the heart of Novo Holdings' investment strategy. We are thus thrilled to co-lead Numab’s Series C financing to support the company at a pivotal stage in growth," Nanna Lüneborg, Novo Partner.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US