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BIF adds Cadmus Animal Health to its investment portfolio

Operational Update6 August 2025BIFFinancials

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6 August 2025

Booster Innovation Fund adds Cadmus Animal Health to its investment portfolio


Booster is pleased to announce the addition of Cadmus Animal Health to the Booster Innovation Fund

(BIF) portfolio.


Cadmus Animal Health operates in the animal health part of the life sciences sector. It is developing an

immunotherapeutic for the treatment of chronic periodontal disease in companion animals. Cadmus

Animal Health was formed in 2021 and is classified as seed stage.


BIF will make a cash investment of up to $500,000, with an initial investment of $250,000. Following this

initial transaction (and issue of additional units to fund the purchase), Cadmus Animal Health will

represent 1.2% of BIF’s investment portfolio which currently has over 35 active companies, and a net

asset value of $21.5m.


Investors can continue to purchase units in BIF on the NZX or can subscribe for units in the fund as part of

the process described in the fund’s Product Disclosure Statement (PDS) that is available at

www.booster.co.nz


For further information regarding BIF visit https://www.booster.co.nz/booster-investments/booster-

innovation-fund.aspx






For more information, please contact:

Gary Scott

Company Secretary

Booster Investment Management Limited

04 8944300



About Booster

Booster Investment Management Limited (Booster) is the manager and issuer of the Fund, and part of

the Booster Group which has been helping New Zealanders save since 1998. The group currently

administers superannuation and investment funds of over $7 billion on behalf of more than 200,000 New

Zealanders.

BIF is a managed investment fund that invests in early-stage companies founded on intellectual property

originated or developed in New Zealand.

For more information, including a copy of the Product Disclosure Statement, please visit

www.booster.co.nz

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

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