Scandinavian Biopharma Holding

Scandinavian Biopharma Holding

Stockholm, Sweden· Est.
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Private Company

Total funding raised: $45M

Overview

Scandinavian Biopharma is a private, clinical-stage biopharma company specializing in vaccine development and distribution. Its lead asset, ETVAX®, is an oral vaccine candidate for ETEC diarrhea, which has completed a successful Phase 2b trial and is positioned for Phase 3. The company operates with a hybrid model, advancing its proprietary pipeline while also distributing specialty biopharma products, placing it in the 'Early Revenue' stage as it progresses its flagship program toward pivotal studies.

Infectious Disease

Technology Platform

Oral, inactivated whole-cell vaccine platform utilizing a recombinant mucosal adjuvant (LTB) to stimulate gut immunity.

Funding History

2
Total raised:$45M
Series B$30M
Series A$15M

Opportunities

The lead ETEC vaccine candidate addresses a massive, unmet need in both endemic pediatric populations (a WHO priority) and the travel medicine market, representing a multi-billion dollar opportunity.
Successful Phase 2b data and Phase 3 readiness create a strong position for securing major partnership or funding to advance the program.

Risk Factors

High concentration risk in a single lead asset (ETVAX®); Phase 3 clinical failure would be catastrophic.
Significant financial risk exists in funding the large, costly pivotal trials.
Future commercialization faces challenges in low-income market affordability and travel market adoption.

Competitive Landscape

ETVAX® is the most advanced ETEC vaccine candidate globally, giving it a potential first-mover advantage. Competition may come from other biotechs or large pharma companies developing alternative ETEC vaccine approaches, but none are publicly known to be as close to Phase 3. The primary competitive threat in the near term is for funding and partnership attention.