wefox Group raises USD 125 million in B round
wefox Group, the Berlin-based insurtech firm with headquarter in Zurich has successfully raised USD 125 million for its series B round. The USD 125 million investment is the largest series B round for an insurtech company...
New shareholder structure for Alpiq
VISCHER AG has advised the minority shareholder EBL (Genossenschaft Elektra Baselland) with regard to the new shareholder structure of Alpiq. The VISCHER team comprised David Jenny (Partner, Corporate/M&A), Stefan Grieder...
Freezing order: leading case Swiss Federal Court
In a leading case on 3 April 2019, the Swiss Federal Supreme Court ruled that improper novas, i.e. facts that arose before the decision of the first instance, are admissible in attachment opposition proceedings before the second...
NUMAB concludes Licensing and Development Agreement in China
Suzhou, China and Pfäffikon SZ, Switzerland May 2, 2019 – CStone Pharmaceuticals ("CStone"; HKEX: 2616) and Numab Therapeutics AG ("Numab") have entered into an exclusive regional licensing agreement for the development and...
ALENTIS Therapeutics raises CHF 12.5m in Series A Financing
ALENTIS Therapeutics, a Swiss-French biotech company developing novel therapeutics in advanced liver disease and cancer, announced today the completion of a Series A financing of CHF 12.5 million. ALENTIS’ lead program is a...
Polyneuron raises CHF 22.5 million in a major Series A financing
Polyneuron Pharmaceuticals AG, a developer of a new class of biodegradable glycopolymers for the treatment of autoimmune diseases, today announced the closing of an oversubscribed CHF22.5 million Series A financing. The round was...
COTTA Group acquires 100% of the shares in Steinpol
COTTA Group, one of the leading upholstered furniture manufacturers in Europe, has acquired 100% of Quattro Mobili Kft, Kanizsa Trend Kft, both Hungary, Prolog Vertriebs GmbH, Germany, as well as Steinpol Central Services sp. z...
Cooperation between Spaeter/RUWA and Peikko
Spaeter AG, based in Basel, a Swiss wholesaler in the construction and ancillary construction sector, and its subsidiary RUWA-Drahtschweisswerk AG have entered into a comprehensive cooperation in Switzerland with the Finnish...
USD 100 million debt financing by Hercules Capital to Urovant Sciences
Urovant Sciences (Nasdaq: UROV), a clinical-stage biopharmaceutical company focused on developing and commercializing innovative therapies for urologic conditions, has entered into a debt financing agreement with Hercules Capital,...
Arvelle Therapeutics raises USD 180 million in Series A financing
A global syndicate of investors led by LSP and including NovaQuest, BRV Capital Management, Andera Partners, and H.I.G. BioHealth Partners supported new company Arvelle Therapeutics with a USD 180 million financing to acquire the...