Stuctural Bioinformatics Opens Europe Branch, Completes Financing

Dec 21, 1998

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SAN DIEGO--After announcing the successful $5.2 million closing of a $6 million equity financing deal lead by a group of Danish investors earlier this month, Structural Bioinformatics commenced operations at a new subsidiary, SBI Advanced Technolo gies, in Denmark. Investors included the Danish Development Finance Corporation, Dansk Kapitalanlaeg Aktieselskab, Biotechnology Development Fund, New York Life, Veron Financial, and others.

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