Academic spin-out targets new anticoagulants

14 November 2019

A new company has spun out of the UK’s University of Leeds with the stated aim of developing advanced anticoagulants with minimal bleeding risk.

LUNAC Therapeutics is targeting activated Factor XII to identify and develop new anticoagulants in the hope that targeting the coagulation cascade at the level of Factor XII will reduce the risk of bleeding, which can be caused by current therapies.

Epidarex Capital and the University of Leeds have led the Series A financing round of LUNAR, which has pocketed the company £2.65 million ($3.4 million). Previously, research had been funded by UK charities the Wellcome Trust, British Heart Foundation and the Medical Research Council.

This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Try before you buy

Free

7 day trial access

Take a Free Trial

All the news that moves the needle in pharma and biotech
Exclusive features, podcasts, interviews, data analyses and commentary from our global network of life sciences reporters.
Receive The Pharma Letter daily news bulletin, free forever.

Become a subscriber

£820

Or £77 per month

Subscribe Now

Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
Daily roundup of key events in pharma and biotech.
Monthly in-depth briefings on Boardroom appointments and M&A news.
Choose from a cost-effective annual package or a flexible monthly subscription

The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK