Novo Holdings-backed biotech takes $48 million for safer heart med
Danish company Acesion Pharma has closed an oversubscribed Series B financing round, raising around 43 million euros ($48 million) to support its work in atrial fibrillation (AF).
The equity financing was co-led by new American investors Canaan and Alpha Wave, with money also from Global BioAccess Fund, and existing investor Novo Holdings.
The firm is hoping to develop first-in-class novel therapies for AF, the most common form of cardiac arrhythmia, with clinical development focusing on an SK ion channel blocker, AP31969.
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