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Investor AB puts SEK270mm into Active Biotech
07 Mar 2013
Executive Summary
Investor AB was the sole participant in an SEK270mm ($42mm) share offering for Active Biotech AB (therapeutics for cancer and autoimmune/inflammatory diseases). The company sold 6mm shares at SEK45 apiece (a 9% discount) to Investor, which now holds an 8% stake.
Deal Industry
- Biotechnology
- Pharmaceuticals
Deal Status
- Final
Deal Type
-
Financing
- Private Investment in Public Equity
- Private Placement
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Investor AB puts SEK270mm into Active Biotech
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