Tech Company Financing Transactions
Connect Biopharmaceuticals Funding Round
Connect Biopharmaceuticals, based in San Diego, secured $115 million from RA Capital, Boxer Capital and HBM Healthcare Investments.
Transaction Overview
Company Name
Announced On
8/26/2020
Transaction Type
Venture Equity
Amount
$115,000,000
Round
Series C
Investors
RA Capital (Lead Investor) (Derek DiRocco)
Qiming Ventures (William Hu)
Proceeds Purpose
The company plans to use the proceeds of the Series C financing to support the ongoing Phase 2 clinical trial for CBP-201 in adult patients with moderate-to-severe atopic dermatitis (AD) and the ongoing Phase 2 trials of CBP-307 in patients with moderate-to-severe ulcerative colitis (UC); expand the CBP-201 clinical development program into additional indications; and manufacture clinical material to support future Phase 3 trials of CBP-201 and CBP-307.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
4128 Viaduct Candidiz 145
San Diego, CA 92130
USA
San Diego, CA 92130
USA
Phone
Website
Email Address
Overview
Suzhou Connect biopharma is a clinical-stage company that discovers and develops novel medicines for the treatment of autoimmune diseases and inflammation. We identify and advance our drug candidates through in-house discovery and in-licensing, while leveraging qualified CROs for further development.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Zheng Wei
Chief Financial Officer
Eric Hall
President
William Pan
Vice President
Lei Sun
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