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Biofrontera Pharma grosses $11.5mm in private placement

Executive Summary

Biofrontera Pharmaceuticals (drug discovery for nervous system disorders. Alzheimer's and Parkinson's diseases, and schizophrenia) grossed $11.5mm (DM23mm) in an oversubscribed private placement led by 3i Group Investments, which was joined by Alta Vista Equity Partner GMBH, TRE Holding, and Technologie BG der Deutschen Ausgleichsbank. Investors in the company's first round of financing, LeVenture KB and TechnoMedia KB, also participated.
Deal Industry
  • Pharmaceuticals
  • Biotechnology
    • Drug Discovery Tools
      • Bioinformatics
      • Genomics-Proteomics
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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