MedWatch

Media: Lack of buyers' interest in Novo Holdings-owned Xellia Pharmaceuticals

Equity firms haven’t shown any noteworthy interest in buying Danish Xellia Pharmaceuticals, which is owned by Novo Holdings.

Photo: Xellia Pharmaceuticals / PR

Novo Holdings’ hopes of selling antibiotics producer Xellia Pharmaceuticals have run aground, Danish business daily Børsen has learned.

It had been estimated that selling the company could land the owner around DKK 8bn (USD 1.2bn), which would be double the price that Novo Holdings paid for Xellia back in 2013.

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