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Sofinnova strengthens its leadership position in Europe

2021-10-19T05:16:07.971Z


The venture capital firm specializing in health has raised € 1 billion in one year. It is the largest European health fund dedicated to start-ups. Sofinnova has just raised 472 million euros in six months from European, American and Asian institutional investors, against the 350 million initially targeted. He plans to invest tickets of up to 50 million in biotechs and medical instrumentation companies. Read also When old molecules are used to create biotechs “ In one year, Sofi


It is the largest European health fund dedicated to start-ups.

Sofinnova has just raised 472 million euros in six months from European, American and Asian institutional investors, against the 350 million initially targeted.

He plans to invest tickets of up to 50 million in biotechs and medical instrumentation companies.

Read also

When old molecules are used to create biotechs

In one year, Sofinnova has raised € 1 billion,”

says Antoine Papiernik, president of Sofinnova Partners, the leading European venture capital company dedicated to life sciences

, with

satisfaction.

There is today a real alignment of the planets in Europe around health, once again considered a priority by investors and States.

This is one of the positive effects of Covid.

The urgency is to bring out the future French and European champions in the sector

.

It's time to step on the accelerator.

A momentum illustrated by the decision of Emmanuel Macron to devote 7.5 billion euros to health.

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Source: lefigaro

All business articles on 2021-10-19

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