The Scandinavian charm is wonderful but this week we are (finally) heading back to Central Europe. Do I really need to say what happens in Paris? We all know that: The Eiffel Tower, the Louvre, the pretty sights, la Seine and it’s also the cité de l’amour. However, it is also where Pharnext, our Biotech of the Week, is based.
City: Paris (France)
Financial Data: €65M Total Raised (as of 12/2015)
CEO: Daniel Cohen
Mission: Based in the Parisian suburban area of Issy-le-Moulineaux, Pharnext is an advanced clinical stage biopharmaceutical company aiming at developing new therapeutics that targets simultaneously multiple key disease pathways for the severe orphan and common neurological diseases. With an R&D platform based on networking pharmacology, this allows the development of synergistic combinations and compositions of drugs – also known as pleodrugs –