Tech Company Financing Transactions
Spexis Funding Round
Spexis closed a $2.5 million financing round on 8/15/2023. Backers included SPRIM Global Investments.
Transaction Overview
Company Name
Announced On
8/15/2023
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Undisclosed
Investors
Proceeds Purpose
A clinical-stage biopharmaceutical company focused on macrocycle therapeutics for rare diseases and oncology. This new capital allows us to not only initiate the COPILOT study in the third quarter, but will also allow for continued progress across start-up activities for COPA, the second part of our planned pivotal efficacy and safety Phase 3 study.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
Hegenheimermattweg 125
Allschwil, CH-4123
CH
Allschwil, CH-4123
CH
Phone
Website
Email Address
Overview
Spexis is generating hope for rare disease & oncology patients by targeting critical unmet treatment needs and difficult-to-drug structures. Spexis AG (SIX:SPEX) is a clinical-stage, publicly-listed biopharmaceutical company focused on discovering and developing first-in-class macrocyclic molecules for rare diseases and cancer. The most advanced of our four clinical candidates (Phases 1-3) is ColiFin®, an inhaled therapeutic for cystic fibrosis, is already approved and marketed in Europe and will be entering global pivotal P3 studies in early 2023. Furthermore, we apply our leading macrocyclic technology platform, the result of more than 25 years and $400 million of cumulative research and investment, to discover promising therapeutic candidates that can target difficult-to-drug structures. With our pipeline of potentially transformative product candidates, we aim to deliver substantial benefits to patients and meaningful value to society and our stakeholders.
Management Team
Title
Name
Email & Social
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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