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Organisation › Details

AMR Action Fund

The AMR Action Fund will invest in small and medium-sized biotech companies focused on developing novel antibiotics that address the highest-priority public health needs. > Total budget at launch: USD 1 billion (more than DKK 6 billion). > Total Danish contribution of about DKK 500 million: Novo Nordisk Foundation (DKK 330 million/USD 50 million), Novo Nordisk (DKK 165 million/USD 25 million), LEO Pharma (DKK 16.5 million/USD 2.5 million) and Lundbeck (DKK 16.5 million/USD 2.5 million). > Biopharmaceutical companies and foundations supporting the Fund: Almirall, Amgen, Bayer, Boehringer Ingelheim, Chugai, Daiichi Sankyo, Eisai, Eli Lilly and Company, GlaxoSmithKline, Johnson & Johnson, Menarini, Merck, MSD, Novartis, Pfizer, Roche, Shionogi, Takeda, Teva and UCB. > Investments will be guided by an independent Scientific Advisory Board comprised of world-class experts. Timeline 9 July 2020: AMR Action Fund international launch Q3 2020: AMR Action Fund management on board Q4 2020: AMR Action Fund fully operational Q1 2021: AMR Action Fund expected to make first investment *

 

Period Start 2020-07-09 announced
Products Industry antibiotic
  Industry 2 fund, biotech / life sciences
     
Region Region ALL
  City n. a. 
    Address record changed: 2020-07-14
     
Basic data Employees n. a.
  Currency USD
  Annual sales 1,000,000,000 (fund size (2020) 2020-07-09)
     
    * Document for �About Section�: Novo Holdings A/S. (7/9/20). "Press Release: Major Danish Contribution to Billion-dollar Global Initiative to Combat Antimicrobial resistance". Copenhagen.
     
   
Record changed: 2021-05-23

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