UK-based biotech Resolution Therapeutics has announced the completion of a £63.5 million ($76.8 million) series B financing round led by Syncona.
The money will be used to advance the company’s lead investigational macrophage therapy, RTX001, for end-stage liver disease, into clinical trials. Resolution has also appointed Paul Sekhri as the new chair of its board of directors.
Resolution plans to launch its first-in-human Phase I/II EMERALD trial later this year. This study will assess RTX001, an engineered autologous macrophage cell therapy designed to combat fibrosis and inflammation in patients suffering from end-stage liver disease.
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