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The Warsaw Voice » Business » March 5, 2018
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PFR invests in biotechnologies
March 5, 2018   
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Polish Development Fund PFR's special purpose vehicle PFR Life Science wants to invest ca. PLN 300 million in Poland's biotechnological companies, CEO Pawel Borys says.
The comment follows a PLN 40 million investment in biotech firm Selvita under the latter's recent SPO. PFR Life Science could invest PLN 40-50 million in two other biotechnological projects even before the end of 2018, while seeing the average volume of its support for biotech firms at PLN 30-50 milllion, according to Borys.
PFR-owned PFR Ventures fund of funds will provide financial support to smaller entities in the sector, Borys says.
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