Growth factor specialist upsizes series B with help from Pfizer

13 July 2022

Belgian biotech Agomab Therapeutics has extended its series B financing round with an additional close of $40.5 million, bringing the total to $114 million.

The company is researching growth factor biology to address fibrosis with novel treatments which can repair tissue structure and restore organ function.

Agomab’s lead candidate, in Phase I testing, is the ALK-5 inhibitor AGMB-129, which is being evaluated for the treatment of fibrostenotic Crohn’s disease.

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