Novo Holdings Participates in €90 Million Series A Financing Round for Orbis Medicines to Support Development of Oral Macrocycle Drugs [Yahoo! Finance]
Novo Nordisk A/S (NVO)
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Source: Yahoo! Finance
Orbis' n Gen platform systematically explores oral macrocycle design with automated chemistry and machine learning Novo Holdings Partner, Morten Graugaard , to lead Orbis as CEO COPENHAGEN , Denmark Jan. 6, 2025 /PRNewswire/ -- Novo Holdings today announced its participation in a €90 million Series A financing for Orbis Medicines. The round was led by New Enterprise Associates (NEA), with participation from new investors including Eli Lilly and Company, Cormorant, the Export and Investment Fund of Denmark , alongside existing investors Novo Holdings and Forbion. Morten Graugaard , Partner at Novo Holdings, has been appointed the Chief Executive Officer of Orbis Medicines following nearly three years serving as Executive Chair of its Board of Directors. Orbis was founded in 2021 by the Seed Investments team of Novo Holdings to pioneer a new era for oral macrocycle drug discovery and build on the ground-breaking science developed by Professor Christian Heinis and Sevan Habeshian
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NVO
Earnings
- 11/7/24 - Beat
NVO
Sec Filings
- 12/20/24 - Form 6-K
- 12/20/24 - Form 6-K
- 12/18/24 - Form 6-K
- NVO's page on the SEC website