UPDATE: Innate seeks $11m in IPO to support lead MS candidate
This article was originally published in Scrip
Executive Summary
Innate Immunotherapeutics is looking to raise up to AUD12m ($11m) before costs through the public offer of up to 60m shares at AUD0.20 each to progress the development of a novel therapy for serious multiple sclerosis.
You may also be interested in...
Virus-Hit Astellas Cuts Forecast
Although oncology remained strong, Japanese major says it saw multiple impacts from the pandemic, including on hospital visits and clinical trial recruitment, and has already cut its full-year guidance.
Asia Deal Watch: Simcere, G1 Partner Globally On Myelopreservation Drug
Also, Osmotica licenses rights to ophthalmic drug in Japan, China and the EMEA nations to Santen; Lilly and Chi-Med revise their partnership around colorectal cancer drug Elunate.
Finance Watch: Notable Neuroscience VC Deals Include Nura Bio’s $73m Launch
Private Company Edition: Several drug developers targeting neurological diseases raised venture capital recently. In addition to Nura Bio, Encoded Therapeutics revealed a $135m series D round. Also, Longwood closed a $170m fund and Flagship launched Omega Therapeutics with $85m.
Need a specific report? 1000+ reports available
Buy Reports