PPF Acquires Minority Stake In Oribase Pharma


News: Czech investment group PPF has purchased a minority stake in OriBase Pharma for an undisclosed amount. PPF is committed to fund its drug development portfolio through investments that will allow it to raise its stake to a majority in the near term. OriBase Pharma is engaged in the development of new therapy treatments in oncology, while PPF invests in a range of sectors including banking and financial services, real estate, energy and mineral extraction, agriculture, retail services and biotechnology.

This article is tagged to:
Related sectors of this article: Pharmaceuticals & Healthcare, M&A
Geography: Czech Republic