Novo Holdings participates in USD 160m fundraising round

The investment was made in connection with an oversubscribed series C investment round, according to Novo Holdings.

Novo Holdings, which is responsible for the Novo Nordisk Foundation’s investment activities, has participated in a funding round at American biotech company Obsidian Therapeutics, which deals with the treatment of solid tumors.

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Former Demant Executive Vice President Arne Boye Nielsen was found responsible for creating an "unsafe psychological work environment" in an internal legal investigation. | Foto: Demant / Pr

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