Abliva decides on a SEK200m financing to fund Phase 2/3 study

The financing (around €19m) shall fully fund the commencement of a potentially pivotal/registrational Phase 2/3 study for KL1333 and its progression to the outcome of a key interim analysis.

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Transine Therapeutics Ltd closes £13.7m seed financing

Transine Therapeutics Ltd has added £4.6m from lead investor Epidarex Capital and the Dementia Discovery Fund (DDF) to its £9.1m seed funding led by Takeda Ventures and DDF. 

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Orphan drug developer Minoryx raises €51m

Minoryx Therapeutics SL has closed a €51m financing, including Series C equity financing and complementary bank debt to commercialise X-ALD drug leriglitazone.

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G7 heads call for decarbonisation of industry

G7 Climate, Energy and Environment Ministers have announced a wide range of actions to tackle “the triple global crisis of climate change, biodiversity loss and pollution".
 

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Ellipses Pharma licences SRB22 from SunRock Biopharma

Ellipses Pharma and SunRock Biopharma enter into a licensing agreement for a first-in-class bifunctional HER3:TRAIL fusion protein set to eliminate solid tumours.

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Avantium gets EU grant

Avantium NV will get a €3m EU funding for a feasibility study of the electrochemical conversion of CO2 to consumer products.

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Enzymaster raises $45m in Series C round

Biocatalysis expert Enzymaster (Germany, China, Singapore) has cashed in $45m to expand its production capacity of engineered biosynthetic enzymes.

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Hot of the press: BIOTECH Insight Newsletter

Deutsche Börse report key growth figures of the German biotech sector in 2021 in BIOTECH Insight, its new online information service published in collaboration with BIOCOM AG.

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