Cash is floating into Biotech like never before, in the US as well as in Europe. And Woodford just announced he invested over 75% of the total money he raised, so over €800M. Let’s have a look at where the money went into.
Neil Woodford is a legendary British Biotech investor who opened a new mega €1.1Bn Biotech fund, named Woodford Patient Capital Trust, last April 2015. It is the biggest UK trust ever, outpassing the previous record of €750M (£549M) hold by Mercury European Privatisation.
Woodford didn’t wait to deploy the money, with already a lot of small and large investments within the 4 months after opening.
We covered several news here, as for example his investments in the Stem-cell therapy Biotech ReNeuron, in Oxford Sciences Innovation with Google Ventures, in PsiOxus, and of course in Immunocore’s monster €293M round (the second biggest worldwide after Moderna!!).
Woodford also made other investments: