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Interview: Vivoryon Raises €43m After Alzheimer's Revival

German Biotech Can Fund PQ912 Phase IIb Trials

 
• By Kevin Grogan

New life has been breathed into Alzheimer's research following the reversal of fortunes for Biogen's aducanumab and Vivoryon is benefiting from the upturn in sentiment for the field.

Brain_Puzzle
Vivoryon looking to figure out Alzheimer's puzzle • Source: Shutterstock

With Alzheimer's disease back in the spotlight following Biogen Inc.'s surprise move to file aducanumab for US approval, Germany's Vivoryon Therapeutics has raised €43m to progress its mid-stage asset PQ912 for the progressive brain disorder.

Vivoryon, which changed its name from Probiodrug AG in June this year, had been hoping to raise in the region of €30m from a rights offering and private placement but has banked a fair bit more cash

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