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Portuguese Biovance invests 4 million in Spanish biotech
Business
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Portuguese Biovance invests 4 million in Spanish biotech

Jornal de Negócios7 September 2026 at 08:00

The Portuguese company Biovance invested four million euros in the Spanish biotech Vaxdyn. The Portuguese investment led a funding round totaling 11 million euros for the Spanish-based company.

Vaxdyn is developing vaccines targeted against bacteria that are simultaneously highly pathogenic and antibiotic-resistant. This research area is considered a priority in global health, given the growing problem of antimicrobial resistance.

Biovance's investment comes in the context of a broader effort to strengthen the development of biotechnological solutions in Europe to combat bacterial infections that are difficult to treat with traditional methods.

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