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BioWorld - Monday, May 16, 2022
Home » Topics » Financings

Financings
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Financings for May 10, 2022

May 10, 2022
No Comments
Biopharmas in Asia-Pacific raising money in public or private financings: Intrinsic Medicine, Inxmed.
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Antibodies attacking cancer cell

Askgene’s series A adds $20M for cytokine fusion, antibody pipeline

May 10, 2022
By Jennifer Boggs
No Comments
Askgene Pharma Inc., which less than two weeks ago reported positive initial data from an ongoing phase I/II trial testing its claudin 18.2-targeting candidate, ASKB-589, added $20 million in a series A round, intended to advance the company’s clinical pipeline and support further development of its Smartkine cytokine drug platform.
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IPO money

Pepgen and B&L join a struggling IPO market

May 10, 2022
By Lee Landenberger
No Comments
IPOs continue to be sluggish but two companies, Pepgen Inc. and Bausch & Lomb Corp., that began trading May 6 managed to sidestep the turbulence despite having to lower their expectations before the market opened.
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Financings for May 10, 2022

May 10, 2022
No Comments
Med-tech firms raising money in public or private financings, including: Osmind.
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Grey dollar sign on grey background

Moma’s moment comes with a $150M series B to target solid tumors

May 10, 2022
By Lee Landenberger
No Comments
With a 2020 launch behind it, Moma Therapeutics Inc. has completed a $150 series B financing to continue refining its pipeline of therapies targeting tough-to-drug enzymes in treating solid tumors.
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Financings for May 10, 2022

May 10, 2022
No Comments
Biopharmas raising money in public or private financings, including: Amo, Biogencell, Domain, Genascence, Pacira, Redhill.
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Antibodies attacking cancer cell

Askgene’s series A adds $20M for cytokine fusion, antibody pipeline

May 9, 2022
By Jennifer Boggs
No Comments
Askgene Pharma Inc., which less than two weeks ago reported positive initial data from an ongoing phase I/II trial testing its claudin 18.2-targeting candidate, ASKB-589, added $20 million in a series A round, intended to advance the company’s clinical pipeline and support further development of its Smartkine cytokine drug platform.
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Aspen’s series A points its Parkinson’s therapy toward the clinic

May 9, 2022
By Lee Landenberger
No Comments
Aspen Neuroscience Inc. has closed a series B financing of $147.5 million. The funds will help get its autologous neuron replacement candidate into a phase I/IIa study for Parkinson’s disease. Privately held Aspen has been talking about initiating the phase I/IIa clinical trial since at least 2019. But in April 2022, it came a lot closer to reality. That’s when the company launched its first patient screening studies at several sites in the U.S. Now, the trial-ready cohort study is designed to screen potential participants for the study.
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Globe and currency symbols

At $18B so far, 2022 biopharma financings lag 2021 pace

May 9, 2022
By Karen Carey
No Comments
With 47% fewer biopharma financings than last year, investors who were once enthused over the industry’s potential in combatting the deadly SARS-CoV-2 virus appear to be taking a step back. So far in 2022, the industry has raised $18 billion across 346 financings through the first week of May. By the same time in 2021, it had raised three times that amount, $53.9 billion through 651 transactions.
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Financings for May 9, 2022

May 9, 2022
No Comments
Med-tech firms raising money in public or private financings, including: Bluewind Medical.
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