$33.1 million Series B follow-on to fund Enterprise's Phase IIa cystic fibrosis trial

30 January 2024

Enterprise Therapeutics, a UK biopharma dedicated to the discovery and development of novel therapies for respiratory disease, has closed a £26 million ($33.1 million) Series B follow-on financing round, led by Panakes Partners.

Existing investors Versant Ventures, Novartis Venture Fund, Forbion, Epidarex Capital and IP Group also participated in the round.

"We have made tremendous progress to date in developing novel therapeutics for patients suffering from chronic respiratory diseases"

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