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    GlycoEra AG Raises CHF 45 Million (US$ 49 Million) Series A Financing to Develop Novel Biologics Based on Innovative Glycoengineering Platform

    Details:

    The proceeds will be used to support the growth of the company and to demonstrate the breadth and value of its CustomGlycan Platform technology in developing assets that can unlock unique biological activities for therapeutic targets in several disease indications.


    Lead Product(s): Glycoengineered Therapeutics

    Therapeutic Area: Immunology Product Name: Undisclosed

    Highest Development Status: Discovery PlatformProduct Type: Large molecule

    Partner/Sponsor/Collaborator: 5AM Ventures

    Deal Size: $49.0 million Upfront Cash: Undisclosed

    Deal Type: Series A Financing November 05, 2021

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