Ownership change for BioLigands ApS

9 January 2012

The founding shareholders in BioLigands ApS together with UK based biotech Bridge BioResearch have taken over the equity previously held by Southern Danish Innovation. BioLigands was founded in 2002 and is based in Odense M, Denmark

“BioLigands offers consultancy, custom and natural compounds services, internal R&D programs for the treatment of obesity and related metabolic disorders and support of basic research,” explains the firm’s chief executive Esben Flindt, noting that “one molecule identified by BioLigands is now entering Phase IIa trials with a listed Swiss biotech company which evidences the value of our technologies. In addition we identify and develop active ingredients for a pan European manufacturer of ‘power shots’.”

”We have looked at numerous projects in life style related diseases, but some of the approaches made by BioLigands ApS are truly remarkable. We have known the founding shareholders and the CEO, Esben Flindt for quite a long time, and when this opportunity came up we made the final decision to invest,” says Soren Stenderup, CEO of Bridge BioResearch. ”The  project is a perfect strategic fit to our business especially as BioLigands also is a partner in a EU funded consortium together with Bridge BioResearch,” he added.

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK



Companies featured in this story

More ones to watch >


Today's issue

Company Spotlight





More Features in Pharmaceutical