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Plan-les-Ouates/Genève, March 30th 2009 – ANTEIS has just raised CHF 7.0 million to finalise the launch of its innovative range of aesthetic dermatology products in the US. Matignon Investissement et Gestion which led the financing round was joined by ANTEIS existing investors, Signet Healthcare Partners and BB Biotech. As a major player in the field of injectable hyaluronic acid in dermatology aesthetics, ANTEIS is now entering the final stage of the preparation of its Geneva facility to the cGMP. ANTEIS and Merz Pharmaceuticals (license agreement) expect to submit the PMA (PreMarket Approval) to the FDA this summer.
For Gilles Bos, CEO of ANTEIS, this second fundraising opens new perspectives: “the first round offinancing enabled us to acquire the production site of Lonay (Switzerland) in December 2007, and has transformed ANTEIS into an autonomous and integrated manufacturer. At the same time, our company has been able to generate a higher growth than the aesthetics market, has successfully launched its activities in ophthalmology and is now preparing to launch an intra-articular injectable product in rheumatology. With this second fundraising, we will now be able to start marketing our products on the U.S. market thanks to a dedicated production site, under validation process for FDA approval. "
Thierry Chignon, Investment Manager of Matignon Technologies II, one of the largest European funds dedicated to medical technologies, managed by Paris based Matignon Investissement & Gestion, said: "We are very pleased to join a company which has developed injectables based on hyaluronic acid with a unique combination of security, ease of injection, quality of correction and durability. In addition to the quality of its products, ANTEIS has demonstrated its ability to generate impressive growth while gradually integrating the value chain, in particular its industrial processes. Its development prospects in new market segments and in the U.S. make us confident about future growth.
About Anteis Since its founding in 2003, ANTEIS has become one of the leaders in the development, production and distribution of injectable medical devices. The company has managed to impose itself in the field of cosmetic dermatology, in particular with its line of dermal wrinkle fillers (Esthélis) and continues to launch innovative products every year. The company has developed a new generation of hyaluronic acid thanks to cohesive polydensified matrix technology (CPM), providing added value in the fields of aesthetic dermatology, ophthalmology and rheumatology. The company has received many awards for its innovations, including the Swiss Economic Award in May 2008 (the most prestigious award made to young Swiss companies). Based in Geneva, ANTEIS employs an international team of 130 persons, has subsidiaries in Annecy and Munich and a distribution network covering over 85 countries. For further information: http://www.anteis.com/
For any questions please contact: Carole Scheibli Anteis SA 18 chemin des Aulx CH-1228 Plan-les-Ouates Switzerland Tel. : (+41) 22 308 93 68 Fax : (+41) 22 308 93 03
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