Sign In

Search Press
Looking for press releases of a particular company? Enter company name (or keyword) here.


AIMM Therapeutics closes financing round with Life Sciences Fund Amsterdam

Amsterdam, June 5, 2009 – AIMM Therapeutics B.V. (AIMM) and the Life Sciences Fund Amsterdam B.V. announced today the closure of AIMM’s financing round.

AIMM is a biotech company spun-out of the Netherlands Cancer Institute and the Academic Medical Center at the University of Amsterdam. The company aims to develop high quality human monoclonal antibodies to treat diseases with a high, unmet medical need. AIMM exploits and develops new, innovative technologies to generate stable monoclonal cell lines of human antibody-producing B cells against infectious agents.

AIMM’s first product is an antibody against Respiratory Syncytial Virus (RSV), a virulent easily transmissible virus and the most common cause of lower respiratory tract disease in children younger than two years old. The immune system of these young infants is often compromised and therefore administration of anti-RSV antibodies is necessary to confer protection against this virus. In addition, AIMM has developed human antibodies against one other viral disease and one bacterial disease.

Dr. Willem van Oort, CEO at AIMM: “We very pleased with the closure of this financing round. The funding from the Life Sciences Fund Amsterdam will enable us to further develop our proprietary technology platform and to develop new antibodies against any viral and bacterial targets.

“I am very excited to be making this investment in AIMM” says Tom Schwarz, partner at the Life Sciences Fund Amsterdam. “The results of the RSV antibody-tests proof the uniqueness of the anti-body platform developed by AIMM’s Chief Scientific Officer, Professor Hergen Spits. I am looking forward to working closely with the management team as a new member of the company’s Supervisory Board.”

---end of press release---

About AIMM Therapeutics (
AIMM therapeutics B.V. is a biotech company established in 2004 with the goal to develop therapeutic human monoclonal antibodies. AIMM is located at the premises of the Academic Medical Center (AMC) of the University of Amsterdam. It capitalizes on a technology to immortalize human B cells enabling isolation of cloned cell lines that produce antibodies of high clinical value. This technology has been developed in the laboratory of Professor Spits while he was working at the Netherlands Cancer Institute (NKI) and subsequently at the AMC.

About the Life Sciences Fund Amsterdam (
The Life Sciences Fund Amsterdam B.V. is an independent venture capital fund focusing on early stage companies and (university) spin-outs in the biotechnology and biomedical field with a presence in the Amsterdam region. The fund targets companies that are developing commercially promising products and technologies in life sciences, including pharmaceuticals, biotechnology, information technology and other high technology opportunities that offer venture capital returns.

For further information about AIMM Therapeutics BV, please contact:
Willem J. van Oort, CEO
Tel: +31 (0)6353 333 822

For further information about the Life Sciences Fund Amsterdam BV, please contact:
Tom Schwarz
Tel: + 31 (0) 6 53279243

Publisher Contact Information:

AIMM Therapeutics
+31 (0)6353 333 822

Company profile of AIMM Therapeutics
Past press releases of AIMM Therapeutics.


Tech investments
From our Online Data Service
VC-backed companies
From our Radar

Recent Deals

Nov 25€24.0MInternet commerce
Feb 14€19.0MBiopharmaceuticals
Feb 14N/AInternet services
Feb 14€4.6MBusiness applications
Feb 13€13.0MBiopharmaceuticals
Feb 13€25.0MMedical devices
Feb 13€15.0MBusiness applications

For information on Europe's most extensive database on technology funding click here!


Press Releases

May 28
identiq raises $5m seed, launches privacy-first identity validation...

Apr 29
nethone raised over $1 million from innovation nest

Jan 29
yumpingo raises $10m to transform guest experiences in restaurants

Oct 1
The Link App
the link app launches version 2.0

Mar 29
Addex Therapeutics
addex sucessfully raises chf40 million in capital increase

About usContact usLegal Information
Copyright © 1999-2019
Emerging Technology Research Europe Inc. All rights reserved.