Sanofi sees potential in Nuvig’s novel approach
Menlo Park, USA-based Nuvig Therapeutics has raised $161 million in a series B financing round co-led by Sanofi Ventures, Blue Owl Healthcare Opportunities, and Norwest Venture Partners.
The Californian start-up is working on novel immunomodulatory treatments for autoimmune diseases. The fresh capital adds to the $47 million raised in Nuvig's series A funding in 2022.
Autoimmune focus
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