Aleks Engel
Partner, Novo Holdings and Director, REPAIR Impact Fund at Novo Holdings
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Very pleased to announce a 25% investment in Sejet Plant Breeding, a leading row crop genetics company serving Northern Europe. Breeding more resilient crops allows farmer to get more product per hectare while using less pesticides and fertilizer. The company was previously wholly-owned by DLG Group. 💚 Many thanks to Truels Damsgaard, Jesper Pagh, Birger Eriksen, Christoffer Hage, Robin Philip, Thomas Grotkjær, Claus Felby, Gishok Govinthasamy, Anders Spohr, Barbara Fiorini Due, Lise Ladegaard von Rosen, Morten Stadil, Niels Bang, Pardip Singh and othersNovo Holdings, Novo Nordisk Foundation https://lnkd.in/dh8Rfhbg
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Pardip Singh
Director, Deal Advisory at KPMG Denmark
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Congratulations on the investment. We enjoyed the collaboration over the last couple of months.
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Frank Metzel
Science animations 🧬 to attract investors and explain the impact of your science | Video Marketing | CEO | Avid Hiker 🥾 | Father of twins 👶👶
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Congrats Aleks Engel, will check their technology
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Aleks Engel
Partner, Novo Holdings and Director, REPAIR Impact Fund at Novo Holdings
See AlsoNCBI Conserved Domain SearchLevent Resul on LinkedIn: £8m Longitude prize won for tackling superbug rise- Report this post
The World Health Organization released their most recent (2023) report on antibacterial agents in clinical and pre-clinical development here:https://lnkd.in/dFrgWRMjThe clinical pipeline contains 97 agents, which is UP from 2021 (80 agents) -- this is decidedly excellent in particular given the extremely difficult funding environment. There are a variety of serious gaps (orals, critical priority pathogens, novelty, etc) but choosing to see the glass as half full today.
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Aleks Engel
Partner, Novo Holdings and Director, REPAIR Impact Fund at Novo Holdings
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Excellent to see below funding for novel anti-fungal therapeutic development. Elion's lead program targets invasive aspergillosis, which has a fatality rate of around 30%.
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Aleks Engel
Partner, Novo Holdings and Director, REPAIR Impact Fund at Novo Holdings
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📣 Senior investor dream job alert in #Mumbai. Build the Novo Holdings India investment office working with Amit Kakar MD and team.
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Aleks Engel
Partner, Novo Holdings and Director, REPAIR Impact Fund at Novo Holdings
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Here is some joyous news! The Longitude Prize (£8m - way bigger than Nobel and way older -- started in 1714 offered as a prize to figure out -- you guessed it-- longitude while sailing around the world) has been awarded to researchers that developed a faster antibiotic susceptibility test (AST). The technology is now being developed by Sysmex Astrego AB. Big congrats to Özden Baltekin and team!!https://lnkd.in/dJG_RGPn
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Aleks Engel
Partner, Novo Holdings and Director, REPAIR Impact Fund at Novo Holdings
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Listerine mouthwash may apparently change the oral microbiome such that bad actors such Fusobacterium nucleatumandStreptococcus anginosus (which have been linked to certain cancers) become more prevalent. An unintended finding in a study looking to reduce STDs.https://lnkd.in/ddCrgY4m
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Aleks Engel
Partner, Novo Holdings and Director, REPAIR Impact Fund at Novo Holdings
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Cultivated meat is a phenomenal idea, which unfortunately has not worked out commercially yet. The promise is real meat grown in a tank instead of killing an animal with the same great taste and a vastly improved planetary footprint. The challenge - economics (expensive media, tanks, quality control etc)! SCiFi Foods was one of the pioneers in the field, which is closing up shop. Through engineered cell lines, cheaper tanks, eliminating growth factors, clever scaffolds, etc the industry has reduced the price of a hamburger patty from €250,000 (Mark Post, 2013) 1000-fold to about €250 today. If you then blend with 50% plant fiber, you can get close to $100. Better improvement than Moore's law over these 10 years but still not a commercially attractive product.That is the challenge of bio-industrial solutions -- that the product at the end of the day does not have monopoly pricing, which certain innovations enjoy, but have to compete against commodity products, whether meat, cement, materials for your sneakers, bio-fuel, etc. There is only a small green premium certain consumers are willing to pay.Here is to celebrating the boldness of the SciFi team! Looking forward to hearing what you are up to next.
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Aleks Engel
Partner, Novo Holdings and Director, REPAIR Impact Fund at Novo Holdings
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This partnership was almost fated. Big congratulations to Bugworks Research Inc. and , probably two of the organizations most dedicated to global health and fighting drug-resistant infections.
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Aleks Engel
Partner, Novo Holdings and Director, REPAIR Impact Fund at Novo Holdings
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Innovation accelerating in plant breeding, a critical technology to sustainably feed the world. The Novo Nordisk Foundation supporting a good example here
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Aleks Engel
Partner, Novo Holdings and Director, REPAIR Impact Fund at Novo Holdings
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Op-ed from Henry Skinner, CEO of the AMR Action Fund, on the brain drain in antibiotic development, and the dire implications.https://lnkd.in/d54F5DrG
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