InflaRx raises $30 million in public offering

14 February 2025

Jena-based German biotech InflaRx (Nasdaq: IFRX) has announced the pricing of an underwritten public offering, raising approximately $30 million. Guggenheim Securities is acting as the book-running manager.

Founded in 2007, InflaRx focuses on anti-inflammatory therapeutics targeting the complement system. The firm plans to use the new money to advance clinical development of its pipeline candidates, including vilobelimab and INF904, as well as for general corporate purposes.

Marketed as Gohibic in the USA, vilobelimab is a monoclonal IgG4 antibody that uniquely targets complement component C5a, a potent inflammatory mediator.

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