Tech Company Financing Transactions
Zenas BioPharma Funding Round
Zenas BioPharma, operating out of Waltham, raised $118 million in funding from Enavate Sciences, Agent Capital and Fairmount Funds Management.
Transaction Overview
Company Name
Announced On
11/8/2022
Transaction Type
Venture Equity
Amount
$118,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds for the clinical advancement of its lead product candidate Obexelimab, including a global Phase 3 registration trial in patients with IgG4-related disease (IgG4-RD), which will be initiated in late 2022. In addition, the new funding will progress other global autoimmune disease programs into clinical development in 2023.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
1000 Winter St North Building 1200
Waltham, MA 02451
USA
Waltham, MA 02451
USA
Phone
Undisclosed
Website
Email Address
Overview
Zenas BioPharma is a global biopharmaceutical company committed to becoming a leader in the development and commercialization of immunology based therapies for patients in need. Zenas is rapidly advancing a deep pipeline of innovative therapeutics that continues to grow through our successful business development strategy. Our experienced leadership team and network of business partners drive operational excellence to deliver potentially transformative therapies to improve the lives of those facing autoimmune and rare diseases.
Management Team
Title
Name
Email & Social
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