Enlaza Therapeutics raises $100 million in series A financing
Californian biotech Enlaza Therapeutics has raised $100 million in a series A financing led by JP Morgan Asset Management’s Private Capital division.
A specialist in covalent biologics, the company will use the money to further develop its proprietary covalent protein technologies and to support advancement of wholly owned pipeline programs to the clinic.
Scientists at the company believe that using covalency in biologics could help develop protein therapeutics with an improved safety profile, with the potential for more frequent administration at lower doses.
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