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Panthera Biopartners

Industry Sector

Life Science Contract Research Organisation (CRO)

Deal Type

Seed Investment



Panthera recruits patients and runs clinical trials on behalf of Contract Research Organisations and pharmaceutical companies developing new drugs. It has a specialism in oncology, NASH, neurology and vaccines.

How did we help?

The business received a seed investment from GM&C to help establish new sites, including in Rochdale, and secure its first customers.


Within two years, Panthera had become one of the fastest growing companies in the UK securing millions of pounds of clinical trial contracts. GM&C exited when the company raised £10m in growth capital for further expansion, resulting in a 3.3x cash return and an IRR of 115.6%.