Bioinnovation Institute provides million-euro loans to three start-ups
The life science incubator firm has made deals with three international start-up companies, giving each a risk-free convertible loan of EUR 1.3m.
by CHRISTOPHER DUE KARLSSON, translated by daniel pedersen
The Bioinnovation Institute, BII, an incubator for life science firms that is financially supported by the Novo Nordisk Foundation, has found three firms ”strategically aligned with BII’s focus,” and is therefore entering loan agreements with each of them, a press release reports.
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