MedWatch

Cancer firm Adcendo raises EUR 51m

Danish biotech firm Adcendu secures EUR 51m from various investors including Novo Seeds. This is the largest A series investment round in the history of Danish biotech.

The Adcendo team | Photo: Bioinnovation Institute / PR

Less than one year after Adcendo selected its primary drug candidate, the Danish biotech firm has raised more than EUR 51m (USD 61.8m) in a series A financing round.

The investor syndicate is led by Novo Seeds and Ysios Capital but also includes RA Capital Management, HealthCap and Gilde Healthcare.

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