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Announced

Completed

AMR Action Fund led a $35m Series C funding round in BioVersys.

Financials

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Transaction Value£29m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Pharmaceuticals

Private Equity

Private

Single Bidder

Switzerland

Minority

Friendly

Venture Capital

clinical pharmaceutical

Cross Border

Completed

Synopsis

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AMR Action Fund, a venture capital fund, led a $35m Series C funding round in BioVersys, a clinical stage, multi-asset Swiss pharmaceutical company. “BioVersys is developing antimicrobials that target some of the most menacing drug-resistant bacteria in the world today, and we are thrilled to welcome the company to our portfolio. The candidates in its pipeline have the potential to significantly improve care for patients suffering from intractable infections for which there are few, if any, effective treatments. We are eager to work with the BioVersys team to help bring these therapeutics to patients,” Martin Heidecker, AMR Action Fund Chief Investment Officer.

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