Empresas y finanzas

TVM Capital Invests in Riemser Arzneimittel AG



    Munich and Boston-based TVM Capital invested in Riemser
    Arzneimittel AG effective December 27, 2007. Riemser Arzneimittel AG
    is a midsized pharmaceutical company on the island Riems in
    Mecklenburg-Vorpommern, Germany.

    Riemser Arzneimittel AG, owned and controlled by the Braun Family,
    has 450 employees at four manufacturing plants with annual revenues
    (2006) of about 56 million Euro. The company develops and produces a
    line of successful dermatology, cardiovascular and anti-inflammatory,
    oncology and dental care pharmaceuticals.

    TVM Capital holds 10% of the Riemser AG shares; supported by
    current management under the leadership of Norbert Braun, TVM Capital
    will help transition and grow Riemser Arzneimittel AG into an
    international corporation. Dr. Christoph Schroeder, Partner of TVM
    Capital and former management executive of BASF Pharma, will join the
    board of directors. "TVM Capital has always been an active shareholder
    in enterprises with a strong focus in the areas of life sciences and
    pharmaceuticals", explains Dr. Helmut Schuhsler, Managing Partner of
    the TVM Capital Life Sciences Team. "We offer excellent know-how.
    After all, we have invested in more than 90 life sciences companies
    since the mid-eighties. Our interest in a successful, mid-size
    enterprise like Riemser Arzneimittel AG is a consistent and logical
    development of our current investment strategy to invest in more
    mature life sciences enterprises with interesting growth
    perspectives."

    "Our company is well established in its niche markets. Expanding
    our investors to include an internationally renowned pharmaceutical
    investor like TVM Capital, will enable Riemser Arzneimeittel AG to
    grow internationally. TVM Capital will facilitate this process with
    its multifaceted expertise and contacts. Our joint goal is to further
    develop an already successful Riemser Arzneimittel AG and accelerate
    the existing growth", says Norbert Braun, CEO of Riemser Arzneimittel
    AG.

    Additional editorial information:

    RIEMSER Arzneimittel AG

    RIEMSER Arzneimittel AG is a pharmaceutical company located on the
    island of Riems, Germany. RIEMSER Arzneimittel AG operates several
    companies in Germany, producing anti-inflammatory, dermatological and
    dental drugs. Partners in research and development are renowned
    research institutes and universities throughout Germany and Europe. In
    the area of Mecklenburg-Vorpommern, the Medical Faculties Institute of
    the University of Rostock and Greifswald as well as the renowned
    Friedrich-Loeffler-Institute Insel Riems (FLI) serve as research
    partners. Additional information: www.riemser.de

    TVM Capital

    TVM Capital, founded in 1983, is one of the first venture capital
    firms formed in Germany and was an early entrant into the US market in
    1986. Since inception, TVM Capital has raised more than EUR 1.3
    billion in six fund generations and has established itself as a
    leading international technology and life science investment group.
    TVM Capital funds have made investments in more than 235 technology
    and life science companies including emerging technology sectors such
    as energy efficiency, renewable energy generation, energy storage and
    water treatment. Over the life of the firm, TVM Capital has developed
    specialized, focused teams and dedicated funds to serve high-growth
    target markets. The TVM Capital investment strategy is to create
    global businesses that enjoy worldwide access to science, technology,
    management talent and capital, and to develop them into significant
    players in their markets. More than 50 TVM Capital backed companies
    have gone public on European or US stock exchanges. Today, TVM Capital
    is actively invested in 70 companies. For more information please
    visit: www.tvm-capital.com