Crystalys Therapeutics closes $130M Series B to fund gout drug trials
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Fortress Biotech and Subsidiary Urica Therapeutics Announce Crystalys Therapeutics’ $130 Million Series B Financing
July 27, 2026 8:00 AM EDTProceeds to support ongoing late-stage global clinical development and commercialization preparation of dotinurad, a next-generation, once daily, oral URAT1 inhibitor with the potential to deliver best-in-class safety and efficacy for the treatment of gout
MIAMI, July 27, 2026 (GLOBE NEWSWIRE) -- Urica Therapeutics, Inc. (Urica or the Company), a Fortress Biotech, Inc. (Nasdaq: FBIO) (Fortress) subsidiary, today announced that Crystalys Therapeutics, Inc. (Crystalys), in which Urica maintains an equity position, closed an oversubscribed $130 million Series B financing to support the late-stage global clinical development and commercialization preparation for dotinurad, a next-generation, once daily, oral URAT1... More
