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Series B round garners $40mm for Anokion concurrent with Kanyos acquisition

Executive Summary

Anokion SA (autoimmune disease drug development) raised $40mm through its Series B round from investors including Versant Ventures, Novartis Venture Fund, Novo Ventures, Celgene, and undisclosed Swiss private investors. Anokion also announced the acquisition of Kanyos Bio, a firm it spun out in 2015 to develop celiac disease and diabetes candidates. Series B proceeds will support development of Anokion's preclinical pipeline which includes its own ANK780 for multiple sclerosis, and KAN101, which it gains from Kanyos and will continuing developing for celiac disease.
Deal Industry
  • Biotechnology
    • Gene Therapy, Cell Therapy
    • Large Molecule
  • Pharmaceuticals
    • Drug Delivery
      • Macromolecule
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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