Matrix signs MOU with PharmaVentures

Matrix Corporate Capital ("Matrix") and PharmaVentures Limited ("PharmaVentures") today announced the signing of a Memorandum of Understanding ("MOU") covering strategic transactions in the biotech, pharmaceutical and med tech sectors. The companies will work together to identify licensing, buyout, investment, IPO and consolidation opportunities which bring together both strategic expertise and capital from Europe's dedicated healthcare investors.

The MOU joins two firms with synergistic transactional capabilities in the healthcare life sciences space:

Matrix is a provider of a full range of corporate finance services to small and mid cap growth companies. They are able to service companies across the full corporate lifecycle, with access to financing from Series A venture finance through IPO, secondary placements and traded debt.

PharmaVentures is a leading specialist healthcare business advisory group assisting corporations in all aspects of strategic transactions, from strategy formulations to implementation. PharmaVentures has an extensive track record of successful strategic advisory mandates in the sector with over 17 years of experience and 450 assignments, for over 600 clients, in 38 countries.

Fintan Walton, Chief Executive of PharmaVentures said "For our clients our alliance with Matrix will create one of Europe's strongest teams in healthcare transactions and equity financing. Our clients have always demanded the best and a strong experienced healthcare team is essential to their own success. Matrix has excellent proven capabilities in corporate finance and we are delighted to have entered into this agreement."

Malcolm Le May, Chief Executive of Matrix Corporate Capital said "We are delighted to team our skills with those of PharmaVentures. It has an excellent track record with some of the largest names in the pharmaceutical sector. Many of these companies now face unprecedented change in their business models, with the pursuit of greater efficiency driving buyouts; assets sales and licensing. Matrix has access to both private and public sector-specific capital across Europe which, with PharmaVentures' help, will allow us to create innovative transactions around these assets."