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UK: PK Consumer Health appoints Neil Lister as CEO

Consumer Healthcare Nick Herbert -
PK Consumer Health, a European consumer health group comprising Lucovitaal, Puhdistamo and HealthAid, and backed by Avista Healthcare Partners, has appointed Neil Lister as CEO. Lister brings more than 25 years of experience across consumer health and consumer goods, including senior leadership roles at Perrigo, Omega Pharma and Procter &...

UK: British Business Bank to commit up to £135m to two new Advent Life Sciences funds

Life Sciences Nick Herbert -
The British Business Bank, the UK government’s economic development bank, has agreed to commit £60m to Advent Life Sciences Fund IV and committed £75m to Advent Life Sciences Growth Fund, bringing its total commitment across these two strategies to £135m (US$179m). Together, these investments will help create deeper pools of capital for the UK’s high-potential life sciences companies, supporting companies from early-stage development through to later-stage growth and commercialisation. “We are increasing the scale of our investments into sectors where the UK has a genuine international strategic advantage, and life...