Sanofi investment latest validation of Enveda’s potential

27 February 2025

Enveda, a Colorado-based biotech, has received a $20 million investment from French pharma major Sanofi (Euronext: SAN).

According to Enveda, the investment, which takes its total series C fundraising round to $150 million, is another expression of the industry’s confidence in its drug discovery platform and its ability to deliver differentiated medicines.

Enveda has made significant progress in building a deep pipeline of molecules with novel mechanisms of action that address pressing medical needs in chronic diseases.

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