Novo Ventures invests millions in Bavarian Nordic rival

London-based biotech company Reviral has raised USD 55 million for the continued development of its phase II candidate against the respiratory disease RSV. Novo Ventures is among the investors.

BY MIKKEL AABENHUS HEMMINGSEN

The competition is intensifying on the potential billion-dollar market for treatment of the respiratory disease RSV and now, Novo Holdings also sets the ball rolling.

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Former Demant Executive Vice President Arne Boye Nielsen was found responsible for creating an "unsafe psychological work environment" in an internal legal investigation. | Foto: Demant / Pr

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