When Danish biotech companies reach a certain size, the growth is usually supplemented by an acquisition offer from a bigger firm, often from abroad. There's nothing wrong with this model, says Christian Elling, managing partner at Lundbeckfonden Emerge, even if he would prefer to see a more of them stay in Denmark for longer, growing domestically.
This is not to say that firms must go public in Denmark with a Danish-centered approach, if this isn't in the best interest of investors, reports Danish media Finans.
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