Irish life sciences and biotech investment firm Malin secures €70m funding

Irish life sciences and biotech investment firm, Malin has secured €70m in debt funding from the European Investment Bank (EIB).

Irish life sciences and biotech investment firm Malin secures €70m funding
Fri, 24 Jun, 2016 - 01:00
Geoff Percival

The money will enable the company to increase its stake in companies in which it has already invested and to meet further acquisition opportunities.

Malin, headed up by former Elan chief executive Kelly Martin, already counts the Irish Strategic Investment Fund (formerly the National Pensions Reserve Fund) and the UK-based Woodford Investment Management as cornerstone backers.

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