Gimv announces today that its full participation in the American pharmaceutical company Astex has been sold. Astex researches, develops and commercializes new drugs against cancer and other diseases for which as yet no effective cures have been found. The sale has a slightly positive impact on Gimv's last published equity value at 31 December 2012 (EUR 0.9 million or EUR 0.04 per share). Over the entire period this investment realised an insignificant return.
Recently Gimv and Gimv-managed Biotech Fonds Vlaanderen reduced their stake in biotech firm Ablynx with more than 25%. On 5 March 2013 our total participation amounted to
Recently Gimv and Gimv-managed Biotech Fonds Vlaanderen reduced their stake in biotech firm Ablynx with more than 25%. On 5 March 2013 our total participation amounted to
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