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Symphogen raises DKK 572m and cancels IPO plans
May 16, 2019

Symphogen has revised its strategy and cancelled its planned IPO and raised DKK 572m from its current investors. The current investors are Novo Holdings, Sunstone a.o. Along with the new strategy, the management of Symphogen will also look into spin-offs or a complete sale of the company. Symphogen reported a turnover of DKK 171m and EBITDA DKK -357m in 2018.

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