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Andera Reflects On Revitalized Biotech Scene

 
• By Kevin Grogan

After AstraZeneca’s acquisition of Amolyt made the Paris-based investment group a tidy profit, Andera spoke to Scrip about the rejuvenated investment market in Europe.

Business growth
• Source: Shutterstock

The partners at Andera Life Sciences have been reflecting on a busy week which saw the France-headquartered private equity firm wave goodbye to portfolio company Amolyt Pharma, sold to AstraZeneca PLC, and increase its investment in Tubulis GmbH, all on the same day.

A very eventful 14 March began with the acquisition of Amolyt by AstraZeneca's rare disease division Alexion for $800m upfront, plus a potential $250m milestone dependent on the approval of...

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