MinervaX raises $57 million to fund late-stage vaccine research

11 October 2023

Danish biotech MinervaX, a privately held firm working on a novel, prophylactic vaccine against Group B Streptococcus (GBS), has raised $57 million from a range of new and existing sources of finance.

New investors EQT Life Sciences and OrbiMed were joined by existing backers including Novo Holdings, Pureos Ventures, Sanofi Ventures and Trill Impact Ventures.

GBS is a particularly threatening condition for newborns and can also cause adverse pregnancy outcomes such as preterm delivery and stillbirths.

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