OREANDA-NEWS. Molecular Partners AG (ticker: MOLN), a clinical-stage biopharmaceutical company that is developing a new class of therapies known as DARPins, was informed by Biotechnology Value Fund, L.P. and other entities affiliated with BVF Partners L.P. (BVF), a San Francisco-based investor focused on biotechnology, that it holds 4.58% of the voting rights and share capital of Molecular Partners. According to BVF’s declaration dated July 18, 2016 pursuant to Article 120 of the Swiss Financial Market Infrastructure Act, the 3% threshold was crossed on July 18, 2016.

On July 18, 2016, Molecular Partners was also informed that Index Ventures and Essex Woodlands Health Ventures have fallen below the 15% threshold on the same day.

None of the founders or members of the management team sold any shares in this context. Christian Zahnd, CEO of Molecular Partners commented: “We are very happy to see that we could gain more interest and support from BVF. We have extensive experience in working together with BVF; their skills and understanding of the long-term value perspective of Molecular Partners makes it a privilege to work with such a highly reputable group.”

Molecular Partners welcome this important step to further expand its long-term oriented specialist investor base.

About Molecular Partners AG

Molecular Partners AG is a clinical-stage biopharmaceutical company that is developing a new, class of therapies known as DARPins. DARPins are potent, specific, and versatile small-protein therapies, which have the potential to offer benefits over conventional monoclonal antibodies or other currently available protein therapeutics. The DARPin technology has the potential to offer a multi-specific approach to treatment, which enables DARPins to target multiple pathways, or multiple epitopes on a single target to achieve substantial patient benefit. DARPins have the potential to advance modern medicine and significantly improve the treatment of serious diseases, including cancer and sight-threatening disorders.

Molecular Partners has four compounds in various stages of clinical and preclinical development and several more in the research stage, with a current focus on ophthalmology and oncology. The company has ongoing research and development partnerships with leading pharmaceutical companies, including Allergan and Janssen, and is backed by established biotech investors.