Austrianova Completes First Closing of 35 M EURO Series B Financing  
6/5/2007 1:11:59 PM

VIENNA, Austria--(BUSINESS WIRE)--Austrianova Biomanufacturing AG, an emerging European Biotech Company based in Vienna, Austria, today announced the first closing of a financing round in which it plans to raise a total of €35M. This substantial first closing was raised from Ryan Group Holdings (the ‘Ryan Group’) - headed by the Irish pharmacist Gerard Ryan.