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Gh Research Announces Closing Of $125 Million Oversubscribed Series B Financing

Apr 13, 2021•over 4 years ago

Round Type

series b

Dublin

Description

GH Research Ireland Ltd ("GH Research", "the Company" or "We") today announced the closing of a $125 million Series B financing co-led by RA Capital and RTW Investments, LP, U.S.-based biopharmaceutical investment firms, alongside existing investor BVF Partners. Other new investors in the Series B round included Acuta Capital Partners, Boxer Capital, Cormorant Asset Management, Deerfield Management Company, Logos Capital, Surveyor Capital (a Citadel company), Venrock Healthcare Capital Partners and Verition Fund Management.

Company Information

Company

Gh Research

Location

Dublin, California, United States

About

GH Research Ireland Ltd. is a privately-held clinical-stage biopharmaceutical company, founded in 2018, developing novel therapies for the management of psychiatric and neurological disorders. The Company's lead product candidate, GH001, has the potential to offer rapid and durable remissions in depression. The Company has several published and unpublished patent applications covering aerosol compositions of matter of 5-MeO-DMT, novel manufacturing methods of 5-MeO-DMT, and novel uses of 5-MeO-DMT in a number of disorders. For more information, see www.ghres.com.