Syneron Bio Announces Completion of $150 Million Series B Financing
Proceeds from this financing will be primarily used to further advance the intelligent evolution of the company's proprietary macrocyclic peptide discovery platform, Synova™, and to accelerate the progression of its diversified innovative pipeline into clinical development.
Dr.
"We are honored to receive support and recognition in this financing round from a distinguished group of leading global healthcare funds, tech venture capitals, reputable multi-national corporations, and prominent sovereign wealth funds. The completion of this financing further strengthens our cash position, enabling us to accelerate the development of multiple core pipeline programs across oncology, autoimmune, metabolic, and rare diseases, with the goal of benefiting patients worldwide. At the same time, our high-throughput, intelligence-driven Synova™ platform will continue to scale and evolve, significantly improving the efficiency and success rate of macrocyclic peptide drug discovery. With the continued support of our capital and industry partners, we look forward to delivering innovative therapies and addressing critical unmet medical needs for patients around the globe."
Contact Person: Corrine.Chan
Email: [email protected]
Website: https://www.syneronbio.com/
Telephone:1801606886
Company: Syneron Bio
City:
View original content:https://www.prnewswire.com/news-releases/syneron-bio-announces-completion-of-150-million-series-b-financing-302733591.html
SOURCE Syneron Bio
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