TVM Capital Life Science leads international syndicate of investors - an additional EUR 3 million investment is expected later in 2015
Munich, 27 July 2015 — leon nanodrugs GmbH today announced that it completed the first closing of its Series A preferred stock offering at EUR 18.5 million. The financing was led by TVM Capital Life Science, based in Munich and Montreal, with participation from Signet Healthcare Partners (USA), LifeCare Partners (Switzerland), CD-Venture (Germany), Albany Private Equity Holding (Australia), and a non-disclosed Family Office from Germany. Dr. Hubert Birner, Managing Partner, and Stefan Fischer, General Partner & CFO, TVM Capital Life Science, James Gale, Managing Director, Signet Healthcare Partners, Dr. Gerhard Ries, Managing Partner, LifeCare Partners, Dr. Frank Mathias, CEO, Medigene AG, and Dr. Bernd Baumstümmler, CEO, Instillo Group, will be joining the Board of Directors.
München. Mithilfe der Nanotechnologie eröffnen sich neue Wege für ein pro-aktives Life Cycle Management international etablierter Brands sowie die Entwicklung innovativer Generic plus–Formulierungen.
leon nanodrugs GmbH appoints pharma expert Michael Mehler, Sc.D. as new CEO of the Munich based company and its U.S. subsidiary leon-nanodrugs Inc, effective today. He succeeds Dr. Theron (Ted) Odlaug who will continue to serve the company in the Supervisory Board, as was agreed at the beginning of 2016.