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Heptares Secures GBP21 Million in Series A Fund Raising to Accelerate Development of Pipeline of Small Molecules Against High-Value GPCR Drug Targets
Date:2/24/2009

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About Novartis Option Fund

The Novartis Option Fund is part of the Novartis Venture Funds. Established in 1996, the Novartis Venture Funds currently manage over US$650 million in committed capital and are invested globally in more than 50 private life sciences companies across therapeutics, vaccines, devices and diagnostics. As a financially driven corporate life science investor, the Novartis Venture Fund invests in those companies which have the potential to lead the next innovation wave in new areas that will be critical to patient care. The Novartis Venture Funds team of eight investment professionals located in Basel, Switzerland and Cambridge, Massachusetts, brings together extensive expertise in the biotech and pharmaceutical industry and venture capital.

    For more information:http://www.venturefund.novartis.com

    Contact Information:

    Heptares Therapeutics Ltd
    Dr Malcolm Weir
    Phone: +44(0)20-8906-7182
    Mobile: +44(0)7968-947268
    E-mail: malcolm.weir@heptares.com

    Clarus Ventures
    Dr Michael Steinmetz
    Phone: +1-617-949-2200
    E-mail: msteinmetz@clarusventures.com

    MVM Life Science Partners
    Dr Martin Murphy
    Phone: +44(0)20-7557-7500
    E-mail: martinmurphy@mvmlifescience.com

    Novartis Option Fund
    Dr Anja Koenig
    Phone: +41-61-3241287
    E-mail: anja.koenig@novartis.com

    Citigate Dewe Rogerson (for Heptares)
    Dr Mark Swallow
    Phone: +44(0)20-7282-2948
    E-mail: mark.swallow@citigatedr.co.uk

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SOURCE Heptares Therapeutics Ltd
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