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Novartis makes $43mm equity investment in GeneProt

Executive Summary

GeneProt (formerly Geneva Proteomics) signed an agreement with Novartis to determine the protein profile of three human diseased tissues or body fluids. Novartis will buy $43mm in GeneProt equity and become its preferred pharmaceutical partner.
Deal Industry
  • Pharmaceuticals
  • Research, Analytical Equipment & Supplies
  • Biotechnology
    • Drug Discovery Tools
      • Genomics-Proteomics
Deal Status
  • Final
Deal Type
  • Alliance
    • Includes Equity
    • R&D and Marketing (Licensing)

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