Announced
Completed
Financials
Sources
Tags
Biotechnology
novel therapeutics
Private
Completed
Switzerland
Minority
Acquisition
Venture Capital
Friendly
Cross Border
Synopsis
5AM Ventures, Roche Venture Fund and Sofinnova Partners, three venture capital firms, led a $49m Series A funding round in GlycoEra, a biotechnology company, with participation from LimmaTech Biologics. “We believe GlycoEra’s world-class team has developed a platform that is a step change for the fields of biologics and glycosylation. The platform uniquely enables the translation of glycobiology into meaningful therapeutics via diverse mechanisms and for a wide range of diseases,” Mira Chaurushiya, 5AM Ventures Partner.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.