APIDC Biotech Fund

  • Region: Asia & Pacific
  • Country: India
  • Sector: Investment funds
  • Year: 2005
  • Domicile: Mauritius
  • Instrument: Fund
  • Commitment (MNOK) as of 31.3.2017: 16.0
  • Original Commitment (MNOK): 16.7

Biotechnology Ventures Fund (APICD) is a venture fund investing in enterprises in the health and pharmaceutical industries and in environmental enterprises. The management company contributes strongly to the development of the enterprises, by providing close hands-on follow-up in this segment of innovative enterprises that grow quickly.

The most important co investor is IFC and some of the largest Indian banks, as well as some local investment groups.

Indirect investments

Investee Sector Country
Elbit Medical Diagnostics Ltd Health India
Evolva Biotech Private Limited Other services India
iMedX Information Services Pvt Limited Health India
Mardil Medical Devices Other services India
Neurosynaptic Communications Health India
Sapala Organics Pvt Limited Other services India
Sresta Natural Bio-products Pvt Ltd Manufacturing India
Bioserve Biotechnologies Inda Pvt Ltd Other services India
Cecilia Healthcare Services Pvt Ltd Health India
Itero Biopharmaceuticals Manufacturing India
Marillion Pharmaceuticals Other services India
Melior Drug Discovery Other services India
Naturol Bioenergy Limited Energy - bio India

Norfund - The Norwegian Investment Fund for Developing Countries

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