MedWatch

Novo Ventures invests millions in Zealand competitor after initiative organized by Zealand co-founder

Novo Ventures is one of the group of investors who are investing DKK 235 million (USD 34.9 million) in the newly-founded spinout company Vectivbio, which will develop a drug for short bowel syndrome. The person behind the investment is Zealand co-founder Jørgen Søborg Petersen.

Naveed Siddiqi is a partner at Novo Ventures and responsible for the fund's investment in Zealand competitor Vectivbio. Photo: Novo Holdings/ PR

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