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Hansa Raises More Cash For Pipeline With Genovis Stake Sale

 
• By Kevin Grogan

The Swedish group has sold its stake in Genovis, raising about $9.6m that will help advance lead candidate imlifidase.

SwedishNotes
Hansa cashes in on Genovis stake • Source: Shutterstock

The rest of 2019 is looking busy for Hansa Biopharma AB and the biotech has divested its equity holding in fellow Swedish group Genovis AB to help fund its pipeline of therapies for rare diseases.

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