Borean Pharma A/S

Borean Pharma was established with the objective to develop a new generation of pharmaceutical protein products. The company's competitive advantage lies in its proprietary technology, enabling it to develop a new generation of highly efficacious compounds and antibody analogues that can be produced in E. coli. The ease of production addresses a major shortcoming of monoclonal antibodies. Borean Pharma believes that it can unleash the true potential of biopharmaceuticals by providing efficacious and costeffective protein-based antibody analogues. The Company recently licensed its lead for atherosclerosis, Apo-AI, to Roche and, among other programmes, is also developing a TNF antagonist for Rheumatoid Arthritis. Borean was founded in 2001 as a spin-off from Aarhus University The firm has been backed by an investment syndicate consisting of Forbion Capital Partners, Aravis Venture, BankInvest Biomedical Venture, INCUBA Venture and NOVI.