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CEVEC Pharmaceuticals GmbH Gottfried-Hagen-Str. 62 51105 Köln, Germany http://www.cevec-pharmaceuticals.com
Contact Mr Wolfgang Kintzel +49 221 46020800
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CEVEC Pharmaceuticals GmbH

CEVEC Raises €6M to Grow CAP® Technology Based Protein and Vaccine Business

(PresseBox) (Cologne, Germany, )
CEVEC Pharmaceuticals, licensing its human CAP® Technology based expression system for proteins and vaccines, today announced the closing of a €6M financing round. NRW.BANK and Creathor Venture Fonds led this round which included the participation from current investors, a group of private and institutional investors and ERP Startfonds of KfW bank. The funding enables CEVEC to strengthen the growth of its protein and vaccine commercialization business of the proprietary CAP® Technology platform. CEVEC also intends to develop certain vaccines together with partners based on a further financing round, to be closed by the end of 2011.

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