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Aurum Biosciences Raise £730k in Fresh Investment

Aurum Biosciences Raise £730k in Fresh Investment

01/31/24, 11:26 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgglasgow
Money raised
£730,000
Industry
biotechnology research
Round Type
seed
Investors
Tricapital Business Angel Syndicate, Scottish Enterprise, Inno Scot Health, Dr Celestine Santosh
Aurum Biosciences has raised almost £730,000 in the first tranche of a new round of equity funding to further develop its therapeutic and diagnostic technology.

Company Info

Company
Aurum Biosciences
Location
glasgow, kentucky, united states
Additional Info
Aurum Biosciences Ltd is a clinical stage biopharmaceutical company developing novel oxygen carriers for use as therapeutics and diagnostics, initially for Acute Ischaemic Stroke (AIS). Follow-on indications include heart disease, oncology, inflammatory conditions, spinal cord injury, and dementia. Preclinical development has been completed in the lead indication (AIS) and approval has been granted to initiate clinical studies in acute stroke patients. Concurrently, Aurum is pursuing opportunities to develop its pipeline indications with a focus on inflammatory conditions and oncology.

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