Tech Company Financing Transactions
Biora Therapeutics Funding Round
On 12/18/2023, Biora Therapeutics raised $16.7 million in financing from Athyrium Capital Management, Davidson Kempner Capital Management LP and Highbridge Capital Management.
Transaction Overview
Company Name
Announced On
12/18/2023
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$16,700,000
Round
Undisclosed
Investors
Proceeds Purpose
Biora is focused on development of two therapeutics platforms: the NaviCap� targeted oral delivery platform, which is designed to improve outcomes for patients with inflammatory bowel disease through treatment at the site of disease in the gastrointestinal tract, and the BioJet� systemic oral delivery platform, which is designed to replace injection for better management of chronic diseases through needle-free, oral delivery of large molecules.
Company Information
Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
4330 La Jolla Village Dr 300
San Diego, CA 92122
USA
San Diego, CA 92122
USA
Phone
Undisclosed
Website
Email Address
Overview
Biora Therapeutics Inc is a biotechnology company engaged in developing oral biotherapeutics. Its drug-device combinations could enable new treatment approaches in the delivery of therapeutics in two main areas: Targeted delivery of therapeutics to the site of disease in the gastrointestinal ("GI") tract, which is designed to improve outcomes for patients with Inflammatory Bowel Disease (IBD); and Systemic delivery of biotherapeutics, which are designed to replace injection with needle-free, oral delivery technology. Geographically, it operates only in the United States.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Adi Mohanty
Chief Financial Officer
Eric d'Esparbes
Chief Medical Officer
Ariella Kelman
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