BRIEF-Biotech Value Fund Partners expands Ablynx stake to 5.23 pct

BRUSSELS Mon Nov 25, 2013 12:28pm EST

BRUSSELS Nov 25 (Reuters) - Ablynx NV : * Sofinnova partners notified that they have dropped below the 3 pct threshold and have sold their complete stake in Ablynx * Biotech Value Fund Partners LP and Biotech Value Fund Inc now hold 2,554,524 Ablynx shares which is 5.23 pct of co's shares