TargED raises 39 million euros to develop targeted thrombolytic treatment
Dutch thrombotic diseases specialist TargED Biopharmaceuticals has raised 39 million euros ($44 million) in a Series A financing to accelerate development of its lead compound, Microlyse.
The financing was led with equal contribution by an international syndicate comprising Andera Partners, Fund+, Hadean Ventures, Inkef Capital and Sunstone Life Science Ventures, and joined by existing investors FIRST, Curie Capital and Utrecht Health Seed Fund.
"Very promising pre-clinical results"TargED will focus development on two initial indications, these being acquired thrombotic thrombocytopenia purpura and acute ischemic stroke.
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