Tech Company Financing Transactions
Airway Therapeutics Funding Round
Airway Therapeutics, based in Cincinnati, raised $50 million from Cincinnati Children's Hospital Medical Center.
Transaction Overview
Company Name
Announced On
8/25/2026
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series E
Proceeds Purpose
The company intends to use the funds primarily to support the completion of the ongoing Phase 2b portion of its Phase 2b/3 clinical trial evaluating its lead candidate, zelpultide alfa, for the prevention of bronchopulmonary dysplasia (BPD) in very preterm infants, as well as associated chemistry, manufacturing and controls (CMC) and analytical activities.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
11804 Conrey Rd. 175
Cincinnati, OH 45249
USA
Cincinnati, OH 45249
USA
Phone
Website
Email Address
Not Recorded
Overview
Airway Therapeutics was created in 2011 as a spin-out of Cincinnati Children's Hospital Medical Center (CCHMC). Our goal is to bring innovation and expertise in protein therapeutics development for applications in the lung and pediatrics disciplines.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Marc Salzberg
Chief Financial Officer
Alan Wolk
Chief Medical Officer
Paul Kingma
Vice President
Paul Remsen
VP - Regulatory Affairs
Uday Patel
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