Moberg Derma in pharma deal

Moberg Derma, a Swedish developer of patented medical products for skin disorders, has acquired two pharmaceutical projects in pre-clinical phase from Zelmic also based in Sweden.

Other Done Deals

  • OmPrompt, the messaging connectivity company, has secured £1 million from existing investor Shackleton Ventures.
  • Nova Capital Management, an acquirer of private equity portfolios, has sold NotifyMD, its fifth and final portfolio investment from the Atlantic Medical Capital Fund, generating 3.1 times gross fund return and a gross IRR of almost 54 per cent.

Deals in the Pipeline

  • Brokers WH Ireland and Blue Oar have agreed terms of a “possible” £16.2 million merger.
  • Mid-market private equity house Dunedin has sold Fernau Avionics, a designer and manufacturer of navigational aids for aeroplanes, for £32 million.

Nick Britton

Nick Britton

Nick was the Managing Editor for when it was owned by Vitesse Media, before moving on to become Head of Investment Group and Editor at What Investment and thence to Head of Intermediary...

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