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Hansa Raises $121m To Fund Idefirix Launch

Big Plans For Antibody-Cleaving Enzyme

 
• By Kevin Grogan

Having recently signed a gene therapy collaboration with Sarepta and received a positive opinion from the CHMP for its kidney transplant therapy, Sweden's Hansa has now raised a substantial sum in a "multiple times oversubscribed" placing.

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Sweden's Hansa Attracts Investors • Source: Shutterstock

A couple of weeks after getting the backing of European regulators for Idefirix, Hansa Biopharma AB has now announced a placing of newly-issued shares which has raised SEK1.11bn ($121m) to help the Swedish biotech launch its kidney transplantation drug.

Just over 4.4 million shares have been placed by Morgan Stanley, Kempen & Co and Zonda Partners to institutional investors at a price of SEK250 each

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