Bifogade filer
Kurs & Likviditet
Prenumeration
Beskrivning
Land | Danmark |
---|---|
Lista | Small Cap Stockholm |
Sektor | Hälsovård |
Industri | Bioteknik |
Saniona (OMX: SANION), a clinical-stage biopharmaceutical company focused on the discovery and development of medicines modulating ion channels, today announced that its partner, AstronauTx, has closed a $ 61 million Series A financing to create new treatments for Alzheimer's disease.
In July 2023, Saniona announced a new research collaboration with AstronauTx in Alzheimer’s disease. Saniona may receive up to SEK 1.9 billion ($177 million) in milestone payments as well as royalties on worldwide net sales of resulting products under the collaboration. Following this collaboration, AstronauTx has now closed a $61 million Series A financing led by the Novartis Venture Fund. For more information, please go to www.AstronauTx.Bio.
“Alzheimer’s disease and other neurodegenerative conditions represent some of the most devastating challenges for individuals, families, and society. We are excited by the opportunity to develop a new potential treatment concept for Alzheimer’s in collaboration with AstronauTx, which is led by world experts in neuroscience and now backed my several leading global venture investors, including Novartis Venture Fund, Brandon Capital, Bristol Myers Squibb, EQT Life Sciences investing from the LSP Dementia Fund, MPM Capital and the Dementia Discovery Fund” says Thomas Feldthus, CEO of Saniona.