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Announced

Completed

Horizons Ventures and OurCrowd led a $24m Series B round in SaNOtize.

Financials

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Transaction Value£20m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Venture Capital

Single Bidder

therapeutics

Private

Private Equity

Completed

Canada

Acquisition

Friendly

Health Care Services

Cross Border

Minority

Synopsis

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Horizons Ventures, a venture capital firm, and OurCrowd, a venture investing platform, led a $24m Series B round in SaNOtize, an anti-infective-focused therapeutics company, with participation from ABC International. “We are thrilled to embark on these new partnerships, as they empower SaNOtize to accelerate its research program in various therapeutic fields and expand our Phase 3 NONS Covid-19 trial to additional countries. Our clinical and observational studies found NONS to be safe and effective at both treating and preventing Covid-19, even amid delta and omicron surges. We look forward to expanding our clinical research and working toward regulatory approval in the United States and Canada," Gilly Regev, SaNOtize Co-Founder and CEO.

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