Company Directory > Biotech > TRG Ventures
TRG Ventures is a specialized life science venture capital firm and venture studio based in Denmark. The firm operates with a unique 'biology-first' model, founding and building biotechnology companies based on proprietary technology platforms and deep scientific insights into the extracellular matrix (ECM) and chronic inflammation. TRG Ventures acts as a holding and management entity for a cluster of high-growth biotech companies, including Nordic Bioscience, Union Therapeutics, and Key Bioscience. The firm focuses on therapeutic areas with significant unmet needs, such as dermatology, immunology, metabolic diseases, and fibrosis, leveraging a vast network of clinical and scientific expertise to accelerate drug development from discovery to late-stage clinical trials.
CLASSIFICATION
Company Type:Biotech
Industry:Biotechnology
Sub-Industry:Venture Capital & Drug Development
SIZE & FINANCIALS
Employees:1-50
Revenue:Private
Founded:2003
Ownership:private
Status:operating
FUNDING
Stage:Late Stage / Private Equity
Total Raised:N/A (Self-funded/Private)
Investors:Florian Schönharting, Nordic Biotech
PIPELINE
Stage:Phase 3
Lead Drug Stage:Phase 2b/3 (Orismilast)
Modalities:Small molecule, Peptides, Biomarkers
Active Trials:12
Trial Phases:Phase 1: 4 | Phase 2: 6 | Phase 3: 2
FDA Approvals:0
EMA Approvals:0
CORPORATE STRUCTURE
Subsidiaries:Nordic Bioscience, Union Therapeutics, Key Bioscience, Sextant, Forward Pharma
Key Partnerships:Eli Lilly (Key Bioscience collaboration), Biogen (Forward Pharma settlement), Multiple Big Pharma (Nordic Bioscience biomarker services)
COMPETITION
Position:Leader
Competitors:Novo Holdings, Forbion, Sofinnova Partners, Lundbeckfonden BioCapital
LEADERSHIP
Key Executives:
Florian Schönharting - Founder & Chairman
Morten Karsdal - CEO, Nordic Bioscience
Kim Kjøller - CEO, Union Therapeutics
Scientific Founders:Florian Schönharting, Morten Karsdal
Board Members:Florian Schönharting, Torsten Goesch, Kim Kjøller
LINKS
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