Announced
Completed
Financials
Sources
Tags
Friendly
Acquisition
Private Equity
Single Bidder
Completed
Private
Minority
biopharmaceutical company
Canada
Venture Capital
Cross Border
Biotechnology
Synopsis
Panacea Venture, CTI Life Sciences and 3B Future Health Fund led a $42m Series A round in Domain Therapeutics, a biopharmaceutical company specializing in the research and development of innovative drugs targeting G Protein-Coupled Receptors in immuno-oncology, with participation from adMare BioInnovations, Schroders Capital, Omnes, Turenne Capital, Theodorus, Viva BioInnovator and Seventure Partners. "We are pleased to welcome our new shareholders and I thank them all for their commitment at this decisive stage of our company’s growth. After having delivered a first GPCR drug candidate for immuno-oncology together with Merck KGaA, Domain is now committed to advance its own treatments reviving the immune system to defeat cancer," Pascal Neuville, Domain Therapeutics CEO.
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