Evonik Evonik

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[{"orgOrder":0,"company":"IsomAb","sponsor":"Broadview Ventures","pharmaFlowCategory":"D","amount":"$9.4 million","upfrontCash":"Undisclosed","newsHeadline":"IsomAb Announces Close of \u00a37.5 Million Financing to Accelerate Lead Candidate for Treatment of Peripheral Arterial Disease","therapeuticArea":"Cardiology\/Vascular Diseases","highestDevelopmentStatus":"Preclinical","country":"UNITED KINGDOM","productType":"Large molecule","productStatus":"New Molecular Entity","date":"February 2024","url1":"","url2":"","graph1":"Cardiology\/Vascular Diseases","graph2":"Preclinical"}]

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            Details:

            The financing will enable the company to progress in the development of lead compound ISM-001, which is a high affinity, neutralising antibody that specifically binds VEGF165b for the treatment of peripheral arterial disease.

            Lead Product(s): ISM-001

            Therapeutic Area: Cardiology/Vascular Diseases Product Name: ISM-001

            Highest Development Status: Preclinical Product Type: Large molecule

            Partner/Sponsor/Collaborator: Broadview Ventures

            Deal Size: $9.4 million Upfront Cash: Undisclosed

            Deal Type: Financing February 20, 2024

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