DEG commits to invest $8m in Indonesian biopharma startup Etana

DEG commits to invest $8m in Indonesian biopharma startup Etana

Photo: DEG.

DEG, the investment arm of German state-owned development bank KfW, has committed to invest $8 million in Indonesian biopharma startup Etana in exchange for a 3% stake in the company.

Edited by: Padma Priya