
From the turn of the millennium a great many biotech companies went public and the stock prices of most of these plummeted rapidly. Among these companies was Genmab, which went public in 2000 with Pharmexa (now Affitech). In 2005 it was Topotarget’s turn and in 2006 Lifecycle Pharma (now Veloxis Pharmaceuticals headed to the stock market.
Zealand Pharma managed to go public in 2010 following a period of problems and delays, and because of setback after setback the Danish biotech industry has generally shelved the dreams of going public for a while.
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