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Goldman Sachs reduces share in Orphazyme and drops below 5 percent boundary

Orphazyme's life on the stock exchange has been hectic in recent weeks.

Photo: DAVID GRAY/REUTERS / X00503

US company Goldman Sachs has divested shares in Danish biotech firm Orphazyme, and as of June 17, owns less than 5 percent of the company, Orphazyme reported on Wednesday.

Goldman Sachs' ownership share in the biotech firm has been going up and down for a while. Orphazyme's announcement indicates that the firm reached 5.38 percent ownership on June 16, only to sell out again the next day.

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