Gimv and Gimv-managed Biotech Fonds Vlaanderen sold their remaining stake in the Belgian biotech company Ablynx yesterday. This successful exit has a positive impact of EUR 3.8 million (0.15 EUR per share) on Gimv's last published equity value as per 30 June 2013. Over the entire period, this investment yielded a return that is in line with Gimv's historical average.
Ablynx was established in 2001 as a spin- off from VIB and the Free University of Brussels (VUB). During the initial phase, Gimv provided the seed capital for this highly innovative biopharmaceutical company. Ablynx is focused on the discovery and
Ablynx was established in 2001 as a spin- off from VIB and the Free University of Brussels (VUB). During the initial phase, Gimv provided the seed capital for this highly innovative biopharmaceutical company. Ablynx is focused on the discovery and
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