After another visit to the United Kingdom, we ‘Brexit’ towards other geographies! We’re crossing the English Channel back to the continent and go further up to Denmark. This week, in Copenhagen, we’re visiting Pcovery, our Biotech of the Week.
City: Copenhagen (Denmark)
Financial Data: €7.5M Total Raised (as of 12/2015)
CEO: Casper Tind Hansen
Pcovery is a drug discovery company focused on the anti-fungal area. It combines expertise within protein structure, medicinal chemistry, drug discovery and -development, and pathogenic fungal infections to create a novel class of anti-fungals to treat serious invasive fungal infections.
There is a strong need for anti-fungals, given the infection rates of common fungi, from Candida (yeast) to other more serious infections (e.g. from Aspergillus types) is still so high – particularly in the immuno-compromised.
Its lead development project focuses on targeting a novel membrane protein found in the fungal cell membrane.