LoQus23 Therapeutics secures £35 million in series A funding

2 October 2024

UK-based biotech LoQus23 Therapeutics has closed a £35 million ($43 million) series A financing round, led by Forbion, with support from SV Health Investors' Dementia Discovery Fund and Novartis Venture Fund.

The company, founded in 2019, is focused on developing small molecule drugs to address DNA instability in Huntington's disease and similar disorders.

The financing will drive the preclinical development of LoQus23’s lead candidate, an allosteric MutSβ inhibitor, aimed at halting the progression of Huntington's disease.

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